by Dan Mitchell | Nov 24, 2019 | Blogs, Education
If I had to identify the most economically destructive part of Senator Elizabeth Warren’s agenda, I’d have a hard time picking between her confiscatory wealth tax and her so-called Medicare-for-All scheme. The former would dampen wages and hinder growth by penalizing...
by Dan Mitchell | Sep 20, 2019 | Big Government, Blogs, Taxation
Maybe I’m just a curmudgeon, but I get rather irked when rich people endorse higher taxes. Are they trying to curry favor with politicians? Seeking some sort of favoritism from Washington (like Warren Buffett)? Or do they genuinely think it’s a good idea to...
by Dan Mitchell | Aug 17, 2019 | Blogs, Education
I’ve shared some amazing stories about leftist hypocrisy over the years. John Kerry criticizing tax havens while keeping much of his fortune in the Cayman Islands. Bernie Sanders agitating for a $15 minimum wage while paying his staff a lower amount. Bill and Hillary...
by Dan Mitchell | Jul 11, 2019 | Blogs, Taxation
I wrote last month about a group of leftist millionaires who said they should pay more in taxes. My response was to ask why they aren’t taking advantage of the existing process that allows them to send extra money to the federal government? There’s even a special...
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...
