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Honest Leftist Openly Acknowledges a Bigger Welfare State Requires Giant Tax Increases on Lower-Income and Middle-Class Taxpayers

Honest Leftist Openly Acknowledges a Bigger Welfare State Requires Giant Tax Increases on Lower-Income and Middle-Class Taxpayers

by Dan Mitchell | Nov 10, 2019 | Big Government, Blogs, Taxation, Welfare and Entitlements

I give Bernie Sanders and Andrew Yang credit for a bit of honesty. Both of them have proposals to significantly – indeed, dramatically – expand the burden of government spending, and they actually admit their plans will require big tax increases on lower-income and...
Senator Warren’s “Nutty Idea” to Tax Unrealized Capital Gains

Senator Warren’s “Nutty Idea” to Tax Unrealized Capital Gains

by Dan Mitchell | Nov 7, 2019 | Blogs, Capital Gains, Taxation

Last month, I accused Elizabeth Warren of being a “fiscal fraud” for proposing a multi-trillion dollar government takeover of healthcare. She then unveiled a plethora of class-warfare taxes. As I discussed yesterday on CNBC, she even wants to tax capital gains even if...
The Most Important Ballot Initiative of 2019

The Most Important Ballot Initiative of 2019

by Dan Mitchell | Nov 4, 2019 | Big Government, Blogs, Government Spending

Last November, voters in some states had the opportunity to accept or reject some very important initiatives, including votes on Colorado’s flat tax, Arizona’s school choice system, and a carbon tax in the state of Washington. Since 2019 is an off-year election, there...
Senator Warren’s Looney Medicare-for-All Scheme

Senator Warren’s Looney Medicare-for-All Scheme

by Dan Mitchell | Nov 2, 2019 | Big Government, Government Spending, Health Care, Taxation

I’ve always considered Senator Bernie Sanders to be the most clueless and misguided of all presidential candidates. But I also think “Crazy Bernie” is actually sincere. He really believes in socialism. Elizabeth Warren, by contrast, seems more calculating. Her...
What Nation Most Punishes Success?

What Nation Most Punishes Success?

by Dan Mitchell | Oct 30, 2019 | Blogs, Economics, Supply Side, Taxation

In some cases, politicians actually understand the economics of tax policy. It’s quite common, for instance, to hear them urging higher taxes on tobacco because they want to discourage smoking. I don’t think it’s their job to tell people how to live their lives, but I...
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