by Dan Mitchell | Apr 12, 2022 | Blogs, Economics, Taxation
Thomas Piketty is a big proponent of class-warfare tax policy because he views inequality as a horrible outcome. But a soak-the-rich policy agenda, echoed by many other academics such as Emmanuel Saez and Gabriel Zucman,...
by Dan Mitchell | Apr 7, 2022 | Blogs, Tax Competition, Taxation
I wrote a few days ago about Biden’s plan to impose punitive double taxation on dividends. But that’s not an outlier in his budget. As you can see from this table from the Tax Foundation, he wants to violate the principles of...
by Dan Mitchell | Apr 5, 2022 | Blogs, Taxation
Modern tax systems tend to have three major deviations from good fiscal policy. High marginal tax rates on productive behavior like work and entrepreneurship.Multiple layers of taxation on income that is saved and invested.Distortionary...
by Dan Mitchell | Apr 1, 2022 | Blogs, Taxation
I’ve already written that massive spending increases for various bureaucracies is the most offensive part of Biden’s new budget. But I explicitly noted that these huge budgetary increases (well above the rate of inflation, unlike what’s happening...
by Dan Mitchell | Mar 23, 2022 | Big Government, Blogs, Government Spending, Taxation
I’ve identified seven reasons to oppose tax increases, but explain in this interview that the biggest reason is that it would be a mistake to give politicians more money to finance an ever-larger burden of government spending. I had two goals when responding this...
