by Dan Mitchell | Jan 28, 2026 | Blogs, Economics, Taxation, Welfare and Entitlements
Every year or so, I share data showing that a European-sized welfare state requires massive tax increases on lower-income and middle-class household. Let’s add another to the list. Here’s a chart comparing tax burdens on middle-class Americans and middle-class people...
by Dan Mitchell | Jan 23, 2026 | Blogs, Economics, Taxation
Given my libertarian sensibilities, I think people who earn money deserve to keep as much of their income as possible. At least 90 percent. Given my economic training, I think people who earn money should get to keep as much of their income as possible because I...
by Dan Mitchell | Nov 17, 2025 | Blogs, Europe
I supported Brexit for two reasons. The European Union is a sinking ship and a vote for Brexit spares British taxpayers from being on the hook when massive bailouts occur. Leaving the European Union would give the United Kingdom more leeway to choose a...
by Dan Mitchell | Oct 15, 2025 | Blogs, Economics
Back in 2011, I shared two cartoons to illustrate why the welfare state might theoretically collapse. Today, I’m going to examine what I fear will be a real-world example. I’ve written a four-part series about France’s dire fiscal status...
by Dan Mitchell | Oct 7, 2025 | Big Government, Blogs, Economics, Government Spending
I have a three-part series (here, here, and here) about a likely fiscal crisis hitting Europe. As a matter of fact, I don’t actually think it is “likely.” It’s a given at this point. The only mystery is which domino falls first. My pessimism is based on...
