by Dan Mitchell | Nov 22, 2021 | Blogs, States, Tax Competition, Taxation
Motivated in part by an excellent graphic that I shared in 2016, I put together a five-column ranking of state personal income tax systems in 2018. Given some changes that have since occurred, it’s time for a new version. The first two columns are self...
by Dan Mitchell | Nov 19, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
First we got Biden’s $1.9 trillion so-called stimulus. Then we got his $1 trillion-plus infrastructure boondoggle. Now Congress may be on the verge of approving the President’s budget, which (if we use honest numbers) is a $5 trillion plan to...
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....
