by Dan Mitchell | Oct 29, 2021 | Blogs, Taxation
The good news is that President Biden wants the United States to be at the top. The bad news is that he wants America to be at the top in bad ways. The highest corporate income tax rate.The highest capital gains tax...
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 8, 2021 | Big Government, Blogs, Government Spending
Having been in Washington for close to 40 years, I’ve seen lots of budget dishonesty, but nothing compares to Joe Biden’s claim that his profligate budget proposals have zero cost. According to the official numbers, that’s a $3.5 trillion lie....
by Dan Mitchell | Oct 4, 2021 | Blogs, Taxation
There are lots of reasons (here are five of them) to dislike the version of the Biden tax hike that was approved by the tax-writing committee in the House of Representatives. From an economic perspective, it is bad for prosperity to penalize work,...
by Dan Mitchell | Sep 28, 2021 | Big Government, Blogs, Government Spending
Last week, I wrote about a new study which estimates that Biden’s fiscal agenda of bigger government and higher taxes would reduce economic output by about $3 trillion over the next decade. Perhaps more relevant, that foregone economic...
