by Dan Mitchell | Aug 9, 2010 | Big Government, Blogs, Taxation
Caroline Baum of Bloomberg has an excellent column explaining why soak-the-rich taxes don’t work. Simply stated, wealthy people are not like you and me. They have tremendous control over the timing, composition, and level of their income. When the rich are hit with...
by Dan Mitchell | Aug 7, 2010 | Big Government, Blogs, Taxation
Appearing on MSNBC, I explain why Reagan’s approach helped America. But I also warn that Obama is making America more like France. For inexplicable reasons, some people have been giving me a hard time about my very snazzy jacket.
by Dan Mitchell | Aug 5, 2010 | Blogs, Taxation
If I was organized enough to send Christmas cards, I would take Richard Rahn off my list. I do one blog post to call attention to his Washington Times column and it seems like everybody in the world wants to jump down my throat. I already dismissed Paul Krugman’s rant...
by Dan Mitchell | Aug 4, 2010 | Big Government, Blogs, Economic Growth, Taxation
I seem to have touched a raw nerve with my post earlier today comparing Reagan and Obama on how well the economy performed coming out of recession. Both Ezra Klein and Paul Krugman have denounced my analysis (actually, they denounced me approving of Richard Rahn’s...
by Dan Mitchell | Aug 4, 2010 | Big Government, Blogs, Taxation
Both Ronald Reagan and Barack Obama entered office during periods of economic misery. But they adopted dramatically different solutions. Reagan reduced the burden of government and Obama increased the burden of government. So which approach worked best? In his...