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Debunking Trump’s Error-Filled WSJ Column

Debunking Trump’s Error-Filled WSJ Column

by Dan Mitchell | Feb 3, 2026 | Blogs, Economics, Trade

Donald Trump, who describes himself as “Tariff Man,” recently wrote a column in defense of his protectionist trade policy for the Wall Street Journal. After reading the column, my first thought was that Trump was trying to show he is more economically...
Why US Steel Production Surpassing Japan is Not Worth Celebrating

Why US Steel Production Surpassing Japan is Not Worth Celebrating

by Dan Mitchell | Feb 1, 2026 | Blogs, Economics, Trade

Peter Navarro was an “environmental activist” Democrat who ran for office several times in the 1990s on a “no-growth platform” in California. He’s still against growth today, but he now works for Donald Trump and is a big supporter of the President’s...
Part I(b): Yes, Taxes Change Behavior

Part I(b): Yes, Taxes Change Behavior

by Dan Mitchell | Jan 30, 2026 | Blogs, Economics, Taxation

The death tax presumably is the most destructive tax on a per-dollar-collected basis, but I suspect the capital gains tax is in second place. Like the death tax, the capital gains tax is pure double taxation, thus exacerbating the tax...
Exciting New Research on the Laffer Curve

Exciting New Research on the Laffer Curve

by Dan Mitchell | Jan 29, 2026 | Blogs, Economics, Laffer Curve, Taxation

Unless you’re a policy wonk, I realize “exciting” may not be the right word to describe new developments in public-finance economics. For nerds, however, three economists at the Joint Committee on Taxation have some important new research on the Laffer...
France’s Welfare State Victimizes Middle-Class Citizens

France’s Welfare State Victimizes Middle-Class Citizens

by Dan Mitchell | Jan 28, 2026 | Blogs, Economics, Taxation, Welfare and Entitlements

Every year or so, I share data showing that a European-sized welfare state requires massive tax increases on lower-income and middle-class household. Let’s add another to the list. Here’s a chart comparing tax burdens on middle-class Americans and middle-class people...
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