by Dan Mitchell | Jun 12, 2025 | Big Government, Blogs
One of the most unfortunate features of Trump’s Big Beautiful Bill is that it expands the deduction for state and local taxes, thus weakening one of the best provisions of the 2017 tax package. This is bad news since it is foolish to have a...
by Dan Mitchell | Nov 5, 2021 | Blogs, States, Taxation
There’s a political party in the United States – the Democrats – that represents rich people and it is trying very hard to cut taxes for those rich people. Since I don’t resent rich people (indeed, I applaud them if they earn their money...
by Dan Mitchell | Apr 1, 2020 | Big Government, Blogs, Economics, States, Taxation
The crowd in Washington has responded to the coronavirus crisis with an orgy of borrowing and spending. The good news is that the legislation isn’t based on the failed notion of Keynesian economics (i.e., the belief that you get more prosperity when the government...
by Dan Mitchell | Sep 29, 2018 | Blogs, States, Taxation
Politicians who preach class warfare repeatedly assert that we need higher taxes on “the rich.” Indeed, that’s been the biggest political issue (and oftentimes biggest economic issue) in every recent tax fight (the Trump tax reform and Obama’s fiscal cliff), as well...
by Dan Mitchell | Dec 28, 2017 | Blogs, Tax Competition, Taxation
The right kind of tax reform can help people directly and indirectly. They benefit directly if reform reduces their tax burden and gives them more take-home income. They benefit indirectly if reform increases growth and leads to additional pre-tax income. For what...
