by Dan Mitchell | May 6, 2019 | Blogs, Economics, Taxation, Trade
Back in 2015, when Trump was a long-shot candidate for the Republican nomination, I criticized him for not signing the no-tax-hike pledge. But he then pushed through a better-than-expected tax plan after getting the White House. And that package reduces the tax burden...
by Dan Mitchell | Apr 27, 2019 | Blogs, States, Taxation
If the people who advocate higher taxes really think it’s a good idea to give politicians more cash, why don’t they voluntarily send extra money with their tax returns? Massachusetts actually makes that an easy choice since state tax forms give people the option of...
by Dan Mitchell | Apr 16, 2019 | Big Government, Blogs, Economics, Socialism, Taxation
Bernie Sanders demonizes the rich and argues that millionaires need to pay higher tax rates in order to finance a bigger burden of government. Which presumably means that he should surrender more of his income, since he is part of the gilded class. The New York...
by Dan Mitchell | Apr 11, 2019 | Blogs, Economics, Free Market, Taxation
Singapore is routinely ranked as the world’s 2nd-freest economy, trailing only Hong Kong. The nation’s laissez-faire approach has yielded big dividends. Singapore is now über prosperous, richer than both the United States and United Kingdom. But there are problems in...
by Dan Mitchell | Apr 3, 2019 | Blogs, Capital Gains, Taxation
President Kennedy’s tax rate reductions were a big success. Sadly, very few modern Democrats share JFK’s zeal for pro-growth tax policy. Bernie Sanders wants a huge increase in the death tax. Elizabeth Warren wants a punitive wealth tax. Alexandria Ocasio-Cortez and...
