by Dan Mitchell | Jul 17, 2020 | Blogs, Taxation
There are lots of millionaires in the world. About 20 million of them, including about 6 million of them in the United States. I’d like those numbers to increase, which is why I’m always advocating pro-market policies. Capitalism is not only superior to socialism,...
by Dan Mitchell | Jun 28, 2020 | Blogs, Economics, Taxation
The good news is that Joe Biden has not embraced many of Bernie Sanders’ worst tax ideas, such as imposing a wealth tax or hiking the top income tax rate to 52 percent.. The bad news is that he nonetheless is supporting a wide range of punitive tax increases....
by Dan Mitchell | Jun 6, 2020 | Blogs, Economics
Do you want to understand the International Monetary Fund’s (IMF) pernicious role in the global economy? Here’s a simple analogy that will tell you everything you need to know. Let’s say you have two friends. Friend A, who continuously gets in financial trouble...
by Dan Mitchell | Mar 7, 2020 | Blogs, States
Last year, I said the nation’s most important referendum was the proposal to emasculate Colorado’s Taxpayer Bill of Rights (I was delighted when voters said no to the pro-spending lobbies and preserved TABOR). This year’s most important referendum is taking place in...
by Dan Mitchell | Feb 28, 2020 | Blogs, Taxation
This CF&P video is nearly 10 years old, so some of the numbers are outdated, but the seven reasons to reject tax increases are still very relevant. I’m recycling the video because the battle over tax increases is becoming more heated. Indeed, depending on what...