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The Green New Deal Is a Dangerous Fantasy

The Green New Deal Is a Dangerous Fantasy

by Dan Mitchell | Jan 21, 2019 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements

If nothing else, Alexandria Ocasio-Cortez gives me a lot to write about…and to laugh about. I recently pontificated about her crazy idea to impose a top tax rate of 70 percent, which would reverse the very successful experiment we had in the 1980s (and presumably have...
OECD Data on Corporate Taxation Inadvertently Provides Strong Evidence for the Laffer Curve

OECD Data on Corporate Taxation Inadvertently Provides Strong Evidence for the Laffer Curve

by Dan Mitchell | Jan 19, 2019 | Blogs, Economics, Tax Competition, Taxation

Like most taxpayer-supported international bureaucracies, the Organization for Economic Cooperation and Development (OECD) has a statist orientation. The Paris-based OECD is particularly bad on fiscal policy and it is infamous for its efforts to prop up Europe’s...
Alexandria Ocasio-Cortez’s Fiscal Plan Will Lead to Giant Tax Hikes on Middle-Class and Lower-Income Americans

Alexandria Ocasio-Cortez’s Fiscal Plan Will Lead to Giant Tax Hikes on Middle-Class and Lower-Income Americans

by Dan Mitchell | Jan 11, 2019 | Big Government, Blogs, Taxation, Welfare and Entitlements

Bernie Sanders is yesterday’s news. Yes, he’s still lovable ol’ Crazy Bernie, but he’s now being overshadowed by Congresswoman Alexandria Ocasio-Cortez, another out-of-the-closet socialist who somehow thinks America should be more like Greece or Venezuela. Brian Riedl...
Trudeau’s Class-Warfare Tax Hike Produces Less Revenue

Trudeau’s Class-Warfare Tax Hike Produces Less Revenue

by Dan Mitchell | Jan 8, 2019 | Blogs, Taxation

I wrote yesterday about a handful of strange legal developments in Canada. In a display of balance, however, I noted in my conclusion that Canada in recent decades has been “very sensible” with regard to economic issues (spending restraint, welfare reform, corporate...
Government Shutdowns and Financial Markets

Government Shutdowns and Financial Markets

by Dan Mitchell | Jan 4, 2019 | Big Government, Blogs, Economics, Government Spending

I’ve previously explained why I don’t have a dog in the current shutdown fight in Washington. Simply stated, Trump isn’t fighting to make government smaller. Instead he wants more spending for a wall and isn’t even proposing some offsetting reductions to keep...
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