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Biden, the Minimum Wage, and Political Fantasy

Biden, the Minimum Wage, and Political Fantasy

by Dan Mitchell | Feb 9, 2021 | Blogs, Uncategorized

While I understandably don’t like politicians, I rarely think they are stupid. They do lots of idiotic things, of course, but they are making calculated decisions that it’s okay to hurt the economy if they achieve some political benefit. That’s...
What Matters More to Biden: Union Bosses or Poor Children?

What Matters More to Biden: Union Bosses or Poor Children?

by Dan Mitchell | Jan 28, 2021 | Blogs, Education

I have a Bureaucrat Hall of Fame to highlight government employees who have turned sloth and overcompensation into an art form, and I have a Moocher Hall of Fame to illustrate the destructive entitlement mindset that exists when politicians pay...
The Case Against Biden’s Class-Warfare Tax Policy, Part IV

The Case Against Biden’s Class-Warfare Tax Policy, Part IV

by Dan Mitchell | Jan 21, 2021 | Blogs, Taxation

I’ve shared three reasons why Biden’s tax plan is misguided (the tax code is biased against rich taxpayers, the tax hike would have Laffer-Curve implications, and it would saddle America with the world’s highest corporate tax burden). For Part...
The Case Against Biden’s Class-Warfare Tax Policy, Part III

The Case Against Biden’s Class-Warfare Tax Policy, Part III

by Dan Mitchell | Jan 17, 2021 | Blogs, Taxation

In Part I of this series, I explained that President-Elect Biden’s soak-the-rich agenda didn’t make sense because the internal revenue code already is very biased against upper-income taxpayers. Indeed, the U.S. tax system is even more weighted against...
The Suddenly Real Threat of a Higher Corporate Income Tax Rate

The Suddenly Real Threat of a Higher Corporate Income Tax Rate

by Dan Mitchell | Jan 6, 2021 | Blogs, Taxation

After November’s election, I figured we would have gridlock. Biden would propose some statist ideas, but they would be blocked by Republicans in the Senate. All things considered, not a bad outcome. But Democrats won the run-off elections yesterday for both Georgia...
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