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U.K. Election Week, Part I: The Threat of Corbynomics

U.K. Election Week, Part I: The Threat of Corbynomics

by Dan Mitchell | Dec 9, 2019 | Big Government, Blogs, Taxation, Welfare and Entitlements

I’m currently in London for discussions about public policy, particularly the potential for the right kind of free-trade pact between the United States and United Kingdom. I deliberately picked this week for my visit so I also could be here for the British...
Wealth Taxation and Confiscatory Effective Tax Rates

Wealth Taxation and Confiscatory Effective Tax Rates

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?...
The Paris-Based OECD’s Ongoing Effort to Replace Tax Competition with Tax Harmonization

The Paris-Based OECD’s Ongoing Effort to Replace Tax Competition with Tax Harmonization

by Dan Mitchell | Nov 13, 2019 | Blogs, Taxation

Ever since the bureaucrats at the Organization for Economic Cooperation and Development launched their attack on so-called harmful tax competition back in the 1990s, I’ve warned that the goal has been to create a global tax cartel. Sort of an “OPEC for politicians.”...
Senator Warren’s “Nutty Idea” to Tax Unrealized Capital Gains

Senator Warren’s “Nutty Idea” to Tax Unrealized Capital Gains

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...
The Most Important Ballot Initiative of 2019

The Most Important Ballot Initiative of 2019

by Dan Mitchell | Nov 4, 2019 | Big Government, Blogs, Government Spending

Last November, voters in some states had the opportunity to accept or reject some very important initiatives, including votes on Colorado’s flat tax, Arizona’s school choice system, and a carbon tax in the state of Washington. Since 2019 is an off-year election, there...
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