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...
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...
by Dan Mitchell | Oct 30, 2019 | Blogs, Economics, Supply Side, Taxation
In some cases, politicians actually understand the economics of tax policy. It’s quite common, for instance, to hear them urging higher taxes on tobacco because they want to discourage smoking. I don’t think it’s their job to tell people how to live their lives, but I...
by Dan Mitchell | Oct 27, 2019 | Big Government, Blogs, Taxation
In a column last week, I noted that Connecticut ranked near the bottom for state tax policy. And if there was a contest for which state has gone downhill at the fastest pace, the Nutmeg State would likely prevail. Less than 30 years ago, the state was reasonably...
by Dan Mitchell | Oct 26, 2019 | Big Government, Blogs, Government Spending
This week featured lots of angst-ridden headlines about the annual budget deficit for the 2019 fiscal year (which ended on September 30) jumping to $984 billion, an increase of more than $200 billion. For reasons I’ve previously outlined, I don’t lose too much sleep...
