by Dan Mitchell | Sep 29, 2010 | Big Government, Blogs, Taxation
I’m not a big fan of multi-guest panels, but I think this interview went well.
by Dan Mitchell | Sep 28, 2010 | Blogs, Taxation
I’ve already commented on the Democrats deciding to wait until after the election before figuring out what to do about the 2001 and 2003 tax cuts. This was a remarkable development since failure to extend these pieces of legislation means a big tax increase next...
by Dan Mitchell | Sep 27, 2010 | Big Government, Blogs, Flat Tax, Taxation, VAT
There’s a wise old saying about “don’t bite the hand that feeds you.” But perhaps we need a new saying along the lines of “don’t subsidize the foot that kicks you.” Here’s a good example: American taxpayers finance the biggest share of the budget for the Organization...
by Dan Mitchell | Sep 26, 2010 | Big Government, Blogs, Health Care
In the real world, rational people know that companies will stop selling products if they are forced to lose money. In the political world, though, common sense doesn’t matter. Or at least it ranks far below other considerations, such as power, polling, fundraising,...
by Dan Mitchell | Sep 25, 2010 | Big Government, Blogs, Taxation
Warren Buffett once said that it wasn’t right for his secretary to have a higher tax rate than he faced, leading me to point out that he didn’t understand tax policy. The 15 percent tax rates on dividends and capital gains to which he presumably was referring...