by Dan Mitchell | Oct 25, 2019 | Blogs, Taxation
In a recent interview, I was asked whether all the new spending schemes proposed by Democratic candidates would lead (as has been the case in Europe) to enormous tax increases on the middle class. The answer is yes, of course. But most of the candidates are not honest...
by Dan Mitchell | Oct 22, 2019 | Big Government, Blogs, Government Spending, Taxation
While he’s not as outwardly radical as Elizabeth Warren, Bernie Sanders, and Kamala Harris, Andrew Yang has joined together two very bad ideas – universal handouts and a value-added tax. Needless to say, I was not overflowing with praise when asked to comment. At the...
by Dan Mitchell | Oct 12, 2019 | Blogs, Energy, Taxation
I’m not a big fan of the International Monetary Fund for the simple reason that the international bureaucracy undermines global prosperity by pushing for higher taxes, while also exacerbating moral hazard by providing bailouts to rich investors who foolishly lend...
by Dan Mitchell | Oct 10, 2019 | Blogs, Economics, Supply Side, Taxation
In addition to being a contest over expanding the burden of government spending, the Democratic primary also is a contest to see who wants the biggest tax increases. Bernie Sanders and Elizabeth Warren have made class-warfare taxation an integral part of their...
by Dan Mitchell | Oct 9, 2019 | Blogs, Economics, Taxation
The New York Times is going overboard with disingenuous columns. A few days ago, I pointed out the many errors in David Leonhardt’s column extolling the wealth tax. I also explained back in August how Steven Greenhouse butchered the data when he condemned the American...