by Dan Mitchell | Nov 15, 2019 | Blogs, Economics, Taxation
With their punitive proposals for wealth taxes, Bernie Sanders and Elizabeth Warren are leading the who-can-be-craziest debate in the Democratic Party. But what would happen if either “Crazy Bernie” or “Looney Liz” actually had the opportunity to impose such levies?...
by Dan Mitchell | Nov 7, 2019 | Blogs, Capital Gains, Taxation
Last month, I accused Elizabeth Warren of being a “fiscal fraud” for proposing a multi-trillion dollar government takeover of healthcare. She then unveiled a plethora of class-warfare taxes. As I discussed yesterday on CNBC, she even wants to tax capital gains even if...
by Dan Mitchell | Nov 2, 2019 | Big Government, Government Spending, Health Care, Taxation
I’ve always considered Senator Bernie Sanders to be the most clueless and misguided of all presidential candidates. But I also think “Crazy Bernie” is actually sincere. He really believes in socialism. Elizabeth Warren, by contrast, seems more calculating. Her...
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 | Oct 10, 2019 | Blogs, Economics, Supply Side, Taxation
In addition to being a contest over expanding the burden of government spending, the Democratic primary also is a contest to see who wants the biggest tax increases. Bernie Sanders and Elizabeth Warren have made class-warfare taxation an integral part of their...
