by Dan Mitchell | Mar 15, 2011 | Blogs, Taxation
I posted yesterday about the horrible unfairness of life (i.e., I’m not rich). Interestingly, there are a number of rich left-wingers that feel guilty about having a lot of money. In a burst of genius, I came up with an idea that will kill two birds with one stone....
by Dan Mitchell | Dec 21, 2010 | Big Government, Blogs, Economics, Tax Competition, Taxation
The Oregon Ducks will compete for the national championship early next month, so they’ve had a good season. Unfortunately, Oregon’s government isn’t doing nearly so well. Politicians approved a big tax hike on those bad, evil rich people in 2009, and Oregon’s...
by Dan Mitchell | Dec 10, 2010 | Blogs, Economics, Flat Tax, Taxation
In my fiscal policy speeches, I sometimes try to get a laugh out of audiences by including a Powerpoint slide with this image. Leading up to this slide, I talk about the Armey/Forbes flat tax and explain that it would eliminate the corrupt internal revenue code and...
by Dan Mitchell | Nov 19, 2010 | Blogs, Taxation
I get nauseated and disgusted when guilt-ridden wealthy people try to come across as friends of the common man by endorsing soak-the rich taxes. I’ve even debated a couple of self-loathing trust fund babies (see here and here) about class-warfare policy. If neurotic...
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...
