by Dan Mitchell | Nov 12, 2021 | Blogs, Economics
Way back in 2009, I shared a meme that succinctly summarizes how Washington operates. It’s basically a version of Mitchell’s Law. To elaborate, governments cause problems and politicians then use those problems as an excuse to make government even...
by Dan Mitchell | Nov 1, 2021 | Blogs, Economics
When President Biden first proposed a global minimum tax on companies, I immediately warned that creating a corporate tax cartel would be very bad news for workers, consumers, and shareholders. I also warned a BBC audience that proponents...
by Dan Mitchell | Oct 16, 2021 | Blogs, Economics
A regular theme of these columns is that the economy is not a fixed pie. If Person A becomes rich, that doesn’t mean less income for Persons B and C. Indeed, the evidence is very strong that successful entrepreneurs only capture a tiny fraction of the...
by Dan Mitchell | Oct 10, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
President Biden’s fiscal agenda of higher taxes and bigger government is not a recipe for prosperity. How much will it hurt the economy? Last month, I shared the results of a new study I wrote with Robert O’Quinn for the Club for Growth...
by Dan Mitchell | Oct 7, 2021 | Blogs, Economics, Taxation
There are many reasons to reject Joe Biden’s proposal for higher corporate tax rates, and I listed many of them when I narrated this nine-minute video. This two-minute video from the Tax Foundation has a similar message. The main message is that...
