by Dan Mitchell | Mar 22, 2021 | Blogs, Economics, Taxation
As part of a video debate last year (where I also discussed wealth taxation, poverty reduction, and the inadvisability of tax increases), I pontificated on the negative economic impact of class-warfare taxation. To elaborate, I’m trying to help people understand why...
by Dan Mitchell | Mar 6, 2021 | Big Government, Blogs, Government Spending, Taxation
Two days ago, the Congressional Budget Office released its latest long-run fiscal forecast. The report focuses – incorrectly – on the growth of red ink. And most of the people who have written about the report also have focused – incorrectly –...
by Dan Mitchell | Feb 15, 2021 | Big Government, Blogs, Government Spending, Taxation
The 21st century has been bad news for proponents of limited government. Bush was a big spender, Obama was a big spender, Trump was a big spender, and now Biden also wants to buy votes with other people’s money. That’s the bad news. The good news...
by Dan Mitchell | Jan 23, 2021 | Big Government, Blogs, Government Spending
I have relentlessly criticized Republicans in recent years for being profligate big spenders. But I have some good news. The GOP is finding religion and is once again fretting about big government. The bad news is that many of them are total...
by Dan Mitchell | Jan 21, 2021 | Blogs, Taxation
I’ve shared three reasons why Biden’s tax plan is misguided (the tax code is biased against rich taxpayers, the tax hike would have Laffer-Curve implications, and it would saddle America with the world’s highest corporate tax burden). For Part...