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High Implicit Tax Rates Trap Poor People in the Quicksand of Government Dependency

High Implicit Tax Rates Trap Poor People in the Quicksand of Government Dependency

by Dan Mitchell | Sep 10, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements

The welfare state and the so-called war on poverty has been very bad news for taxpayers. But it’s also very bad news for poor people, in part because various redistribution programs can lure them out of the productive economy and...
Primitive Keynesianism from the Joint Economic Committee

Primitive Keynesianism from the Joint Economic Committee

by Dan Mitchell | Aug 19, 2021 | Big Government, Blogs, Economics, Keynesian, Welfare and Entitlements

Washington is filled with dishonest and self-serving analysis. Much of that shoddy output is driven by privileged groups seeking bailouts, subsidies, protectionism, or a tilted playing field. The health...
High Implicit Tax Rates Trap Poor People in the Quicksand of Government Dependency

The Case Against Biden’s Per-Child Handouts

by Dan Mitchell | Jul 29, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Joe Biden wants to dramatically expand the welfare state (more than $5 trillion of new spending over the next 10 years). In this discussion with Ross Kaminsky of KHOW in Denver, I warn that the President’s proposal for per-child handouts is an...
High Implicit Tax Rates Trap Poor People in the Quicksand of Government Dependency

The Left’s Dependency Agenda, Part I

by Dan Mitchell | Jul 19, 2021 | Big Government, Blogs, Welfare and Entitlements

Over the past couple of years, one of the most disturbing – and also revealing – things to happen in Washington is when Congresswoman Alexandria Ocasio-Cortez proposed giving more money to people “unwilling to work.” As discussed in this interview, the left...
The Adverse Economic Consequences of “Basic Income”

The Adverse Economic Consequences of “Basic Income”

by Dan Mitchell | Jul 8, 2021 | Blogs, Economics

When I first looked at the issue of “basic income,” back in 2013, my gut reaction was deep skepticism. That’s because I feared many people would drop out of the labor force if they could live off government handouts (as illustrated by this Wizard-of-Id...
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