by Dan Mitchell | May 23, 2022 | Blogs, Taxation
Trump had some economically illiterate tweets about trade during his presidency, including the infamous one about being “Tariff Man.” I think Joe Biden must be feeling envious that Trump got so much attention, so he has issued a tweet showing that...
by Dan Mitchell | May 18, 2022 | Big Government, Blogs, Government Spending, Taxation
When I first started writing this daily column, the Congressional Budget Office was infamous for dodgy economics. In the short run, CBO believed in the very simplistic Keynesian notion that a bigger burden of government spending somehow...
by Dan Mitchell | May 13, 2022 | Big Government, Blogs, Taxation, VAT
As part of my (reality-based) opposition to a value-added tax, I testified to the Ways & Means Committee back in 2011. My primary argument against the VAT is that it would enable a bigger burden of government spending. I frequently share this chart, for...
by Dan Mitchell | May 3, 2022 | Blogs, Tax Competition, Tax Harmonization, Taxation
A few months ago, I reiterated my opposition to Biden’s proposed corporate tax cartel as part of a longer discussion with Australia’s Gene Tunny. The main takeaway is that the proposed “minimum global tax” is an agreement by politicians for the benefit of...
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,...
