by Dan Mitchell | Aug 7, 2022 | Big Government, Blogs, Taxation
Yesterday’s column explained that lobbyists are big winners when the size and scope of government increases. For instance, a bigger budget means special interests hire lobbyists to obtain ever-larger slices of pork.Moreover, added red...
by Dan Mitchell | Apr 18, 2022 | Blogs, Taxation
April 15 is usually the worst day of the year, giving Americans ample reasons to both laugh and cry.* Because of a holiday in Washington, D.C., however, tax returns this year are due on April 18. So let’s celebrate (or commiserate) this awful...
by Dan Mitchell | Oct 25, 2021 | Big Government, Blogs, Financial Privacy, Taxation
Remember back when Joe Biden said paying more tax is patriotic? He was being a hypocrite, of course, since he aggressively sought to lower his own tax burden. But he was also behaving exactly as “public choice” theory predicts. Politicians...
by Dan Mitchell | May 7, 2021 | Blogs, Taxation
As an economist, I strongly oppose the wealth tax (as well as other forms of double taxation) because it’s foolish to impose additional layers of tax that penalize saving and investment. Especially since there’s such a strong...
by Dan Mitchell | Apr 21, 2021 | Blogs, Taxation
Whenever I’m asked about the “tax gap,” I point to the academic evidence, from multiple sources, and explain that lower tax rates and tax reform are the best way to get higher levels of tax compliance. Indeed, even the pro-tax International...
