by Dan Mitchell | Jul 24, 2020 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
I participated in a debate yesterday on “tax havens” for the BBC World Service. If you read last month’s two-part series on the topic (here and here), you already know I’m a big defender of low-tax jurisdictions. But it’s always interesting to interact with people...
by Dan Mitchell | Jul 1, 2020 | Big Government, Blogs, Welfare and Entitlements
Before our depressing discussion today about the fiscal impact of entitlement programs (Social Security, Medicare, Medicaid, EITC, Food Stamps, welfare, and Obamacare, etc), here’s a video of how it all began. I think this is a great introduction to the issue,...
by Dan Mitchell | Jun 28, 2020 | Blogs, Economics, Taxation
The good news is that Joe Biden has not embraced many of Bernie Sanders’ worst tax ideas, such as imposing a wealth tax or hiking the top income tax rate to 52 percent.. The bad news is that he nonetheless is supporting a wide range of punitive tax increases....
by Dan Mitchell | Jun 15, 2020 | Big Government, Blogs, States
As indicated by one of my columns last week, I’m a big believer in federalism. Indeed, I’ve even proposed that Washington shouldn’t operate any social programs. No food stamps. No Medicaid. No redistribution programs of any kind. Such programs, to the extent they...
by Dan Mitchell | Jun 3, 2020 | Big Government, Blogs, Government Spending
Should high-tax states such as California and New York get a bailout? I explained last month why that would be a mistake, in large part because bailouts would reward states for irresponsible fiscal policy (similar to my argument that countries like Austria and the...
