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A Big (and Deserved?) Tax Increase for Washington, D.C.

A Big (and Deserved?) Tax Increase for Washington, D.C.

by Dan Mitchell | Aug 29, 2021 | Blogs, States, Taxation

I wrote last month about an encouraging wave of tax cuts at the state level. I’m particularly impressed by the tax-cutting plan in Arizona, which cleverly reversed a class-warfare scheme designed to enrich teacher unions. Indeed, I’m a big fan of...
Honest Leftists: “Your Money Is Our Money”

Honest Leftists: “Your Money Is Our Money”

by Dan Mitchell | Aug 25, 2021 | Blogs, Taxation

What motivates the tax-and-spend crowd? Why do they want high tax rates and a big welfare state? The most charitable answer is that they don’t want anyone to suffer from poverty and they mistakenly think big government can solve...
What Happens When Politicians Get Too Greedy?

What Happens When Politicians Get Too Greedy?

by Dan Mitchell | Aug 24, 2021 | Blogs, States, Taxation

I’ve been asked why I periodically mock politicians. The simple answer is that they often deserve our scorn. It’s not that they’re evil or bad people, but their incentive structure generally leads them to make shallow,...
Economic Backsliding by China, Part I

Economic Backsliding by China, Part I

by Dan Mitchell | Aug 22, 2021 | Blogs, Economics, Taxation

Long-time readers know that I periodically pour cold water on the notion that China is an economic superstar. Yes, China did engage in some economic liberalization late last century, and those reforms should be applauded because they...
Two Sensible Observations on Tax Policy from the Washington Post (Mixed with Typical Bad Analysis)

Two Sensible Observations on Tax Policy from the Washington Post (Mixed with Typical Bad Analysis)

by Dan Mitchell | Jul 24, 2021 | Blogs, Capital Gains, Taxation

It’s presumably not controversial to point out that the Washington Post (like much of the media) leans to the left. Indeed, the paper’s bias has given me plenty of material over the years. As you can see, what really irks me is when the bias translates...
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