by Dan Mitchell | Apr 11, 2025 | Big Government, Blogs, Regulations
I was not a fan of Trump’s “Liberation Day” because it means higher taxes and senselessly destructive protectionism. But he’s given us another liberation day that is much better. The Administration has announced that American consumers will once again (sort...
by Dan Mitchell | Apr 8, 2025 | Blogs, Taxation
When I write about tax reform, I emphasize that there are three equally important features of the flat tax. One low tax rate on productive behavior. No double taxation of saving and investment. No distorting and inefficient loopholes. Regarding the third...
by Dan Mitchell | Mar 20, 2025 | Big Government, Blogs, Economics, Regulations
I’ve shared Kite & Key videos about Social Security, comparative economics, free trade, the national debt, patriotism, and free markets. Here’s their video on the under-appreciated problem of permitting and red tape. This video is...
by Dan Mitchell | Mar 13, 2025 | Big Government, Blogs
Over the past two days (here and here), I’ve castigated the Trump Administration for being economically illiterate on the issue of trade. In the interest of fairness, I should have pointed out that Biden also was a protectionist. So the...
by Dan Mitchell | Mar 4, 2025 | Big Government, Blogs, Government Spending
It is clear that Donald Trump’s worst policy is protectionism, but his silliest policy is more difficult to identify. Today, let’s consider two possible choices: Have the federal government borrow more money to create a “sovereign wealth fund.” Have the federal...