by Dan Mitchell | Aug 5, 2019 | Blogs, Economics, Taxation
In my libertarian fantasies, we dramatically shrink the size of the federal government and return to pre-1913 policy by getting rid of the income tax. But if I’m forced to be at least vaguely realistic, the second-best option is scrapping the current tax code and...
by Dan Mitchell | Jul 24, 2019 | Blogs, Economics, Minimum Wage
Two months ago, I pointed out that San Francisco’s housing crisis was a “learnable moment” because some folks on the left actually now understand the negative consequences of government intervention. Now I’m wondering if we might actually have a learnable moment on...
by Dan Mitchell | Jul 23, 2019 | Big Government, Economics, Taxation, Welfare and Entitlements
I’m not a big fan of the current tax system. I’m also not supportive of America’s bankrupt Social Security system. The country would be much better off with fundamental reform of both the tax system and Social Security. Some groups will be reap especially large...
by Dan Mitchell | Jun 30, 2019 | Big Government, Blogs, Economics, Regulations
When I assess President Trump’s economic policy, I generally give the highest grade to his tax policy. But as I pointed out in this interview from last year, there’s also been some progress on regulatory policy, even if only in that the avalanche of red tape we were...
by Dan Mitchell | May 30, 2019 | Blogs, Economics, Minimum Wage
A couple of years ago, I praised federalism in part because state and local governments would be less likely to adopt bad policy (such as higher minimum wages) if they understood that jobs and investment could simply migrate to jurisdictions that didn’t adopt bad...