by Dan Mitchell | Jun 2, 2022 | Blogs, Economics, Taxation
Good tax policy should strive to solve the three major problems that plague today’s income tax. Punitive tax rates on productive behavior.Double taxation of saving and investmentCorrupt, complex, and inefficient loopholes. Today, let’s focus on the...
by Dan Mitchell | May 30, 2022 | Blogs, Economics, Trade
I support free trade for selfish reasons. I want my life to be better and I want my country to be richer. But I also support free trade for selfless reasons. I want other people in other countries to be richer as well. And...
by Dan Mitchell | May 28, 2022 | Blogs, Economics, Taxation, Uncategorized
Back in 2018, I shared some academic research on the relationship between state tax rates and the performance of professional football teams. The main takeaway is that teams based in high-tax states did not win as many games, on average, as teams based in...
by Dan Mitchell | May 14, 2022 | Blogs, Economics, Trade
When the Commerce Department announced in February that the United States had a record trade deficit for 2021, I shared this video to help make the point that those trade numbers were that year’s “least important economic news.” The main thing to understand is that a...
by Dan Mitchell | Apr 16, 2022 | Blogs, Economics
I’m more than happy to condemn Joe Biden for his bad policy proposals, such as higher tax rates, fake stimulus, red tape, and a bigger welfare state. But as I discuss in this segment from a recent interview, he bears very little blame for today’s...
