by Dan Mitchell | Oct 18, 2013 | Big Government, Blogs, Economics, Health Care, Welfare and Entitlements
Obamacare was put together by people who don’t understand economics. This is probably the understatement of the year since I could be referring to many features of the bad law. The higher tax burden on saving and investment, making an anti-growth tax system even...
by Dan Mitchell | Dec 26, 2012 | Big Government, Blogs, Europe, Government Spending, Welfare and Entitlements
Back in 2011, I linked to a simple chart that illustrated how handouts and subsidies create very high implicit marginal tax rates for low-income people and explained how “generosity” from the government leads to a tar-paper effect that limits upward mobility. Earlier...
