Biden and the OECD Pushing “Global Minimum Tax” to Increase Business Tax Burdens

by Dan Mitchell | Mar 16, 2021 | Blogs, Tax Competition, Taxation

For the past couple of decades, I’ve been warning (over and over and over and over again) that politicians want to curtail tax competition so that it will be easier for them to increase tax burdens....

Yes, We Should Clip the Wings of the Federal Reserve’s Philosopher Kings

by Dan Mitchell | Nov 17, 2015 | Blogs, Economics

We’ve been suffering through the weakest recovery since the Great Depression. Labor force participation hasn’t recovered and median household income is stagnant. So how are our benevolent and kind overseers in Washington responding? Are they reducing the burden of...

Three Positive Signs from the New Chair of the Federal Reserve

by Dan Mitchell | Feb 28, 2014 | Blogs, Economics, Minimum Wage

Like John Stossel and Thomas Sowell, I’m not a big fan of the Federal Reserve. It’s not just that I’m a libertarian who fantasizes about the denationalization of money. I also think the Fed hasn’t done a good job, even by its own metrics. There’s very little doubt,...