by Dan Mitchell | Mar 28, 2023 | Blogs, Economics, Tax Competition, Taxation
Nearly 13 years ago, I narrated this video about the Organization for Economic Cooperation and Development, a Paris-based international bureaucracy that uses American tax dollars to advocate for bigger government and higher taxes. Everything I said in that video is...
by Dan Mitchell | Mar 21, 2023 | Blogs, Economics, Laffer Curve, Taxation
Back in 2010, I shared a comparison of Obama and JFK on tax policy. For an update, here’s a comparison of Biden’s class-warfare agenda with JFK’s supply-side agenda. I’m sharing this video for two reasons. The first reason is that it...
by Dan Mitchell | Mar 16, 2023 | Blogs, Taxation
Last week, I wrote about Biden’s proposed budget, focusing on the aggregate increase in the fiscal burden. Today, let’s take a closer look at his class-warfare tax proposals. Consider this Part VI in a series (Parts I-V can be...
by Dan Mitchell | Mar 10, 2023 | Big Government, Blogs, Government Spending, Taxation
President Biden has released his 2024 budget, which mostly recycles the tax-and-spend proposals that he failed to achieve as part of his original “Build Back Better” plan. It is not easy figuring out his worst policy. Is it one of the proposed tax...
by Dan Mitchell | Mar 8, 2023 | Big Government, Blogs, Taxation
The combination of demographic change and poorly designed entitlement programs is producing an ever-increasing burden of federal spending. In my Twelfth Theorem of Government, I pointed out that this inevitably will mean big tax increases on...