by Dan Mitchell | Feb 2, 2020 | Blogs, Taxation
One of the most significant developments in 2020 politics is how Democratic presidential candidates have embraced hard-left economic policies. Prominent analysts on the left have noted that even Joe Biden, ostensibly the most moderate of the candidates, has a very...
by Dan Mitchell | Dec 18, 2019 | Blogs, States
Based on rhetoric, the Democratic Party is committed to a class-warfare agenda. They want higher income tax rates, higher capital gains taxes, higher Social Security taxes, higher death taxes, a new wealth tax, and many other tax hikes that target upper-income...
by Dan Mitchell | Oct 26, 2019 | Big Government, Blogs, Government Spending
This week featured lots of angst-ridden headlines about the annual budget deficit for the 2019 fiscal year (which ended on September 30) jumping to $984 billion, an increase of more than $200 billion. For reasons I’ve previously outlined, I don’t lose too much sleep...
by Dan Mitchell | Oct 25, 2019 | Blogs, Taxation
In a recent interview, I was asked whether all the new spending schemes proposed by Democratic candidates would lead (as has been the case in Europe) to enormous tax increases on the middle class. The answer is yes, of course. But most of the candidates are not honest...
by Dan Mitchell | Sep 5, 2019 | Blogs, Taxation
I’ve warned (over and over and over again) that supporters of larger government want big tax hikes on ordinary people. But you don’t have to believe me. CNN hosted a discussion yesterday with the major Democratic candidates about global warming…oops, I mean climate...
