by Dan Mitchell | Jun 6, 2015 | Blogs, Economics
I’m not a big fan of Obamanomics. We’re going through the weakest recovery since the Great Depression. Income and wages have been stagnant, particularly when compared to previous expansions. And while the unemployment rate has finally come down, that’s in part a...
by Dan Mitchell | Jun 5, 2015 | Blogs, Economics, States, Taxation
If you’re a libertarian or a small-government conservative, it’s quite likely you believe both these statements. Instead of picking winners and losers with special preferences and penalties, the tax code should be simple and fair, treating all economic activity...
by Dan Mitchell | Jun 4, 2015 | Big Government, Blogs, Economics, Free Market
Since almost everybody wants a society that is just, that presumably means we all favor “social justice.” But in the American political system, the phrase has been adopted by those who favor bigger government and more intervention. Sort of the way “solidarity” and...
by Dan Mitchell | Jun 1, 2015 | Blogs, Economics, States, Taxation
Every so often, I get asked why I’m so rigidly opposed to tax hikes in general and so vociferously against the imposition of new taxes in particular. In part, my hostility is an ideological reflex. When pressed, though, I’ll confess that there are situations – in...
by Dan Mitchell | May 29, 2015 | Blogs, Economics, Taxation
When I debate class warfare issues, here’s something that happens with depressing regularity. I’ll cite research from a group like the Tax Foundation on how an overwhelming share of the income tax is borne by upper-income taxpayers. The statist I’m arguing with will...
