by Dan Mitchell | Nov 16, 2020 | Blogs, Taxation
In Part I of this series, I expressed some optimism that Joe Biden would not aggressively push his class-warfare tax plan, particularly since Republicans almost certainly will wind up controlling the Senate. But the main goal of that column was to explain that the...
by Dan Mitchell | Nov 13, 2020 | Blogs, Economics, Taxation
During the campaign, Joe Biden proposed a massive tax increase, far beyond what either Barack Obama or Hillary Clinton put forth when they ran for the White House. Some people speculate that Biden isn’t actually that radical, and that his class-warfare agenda was...
by Dan Mitchell | Oct 20, 2020 | Blogs, Taxation
Since Americans are not as sensible as the Swiss, I’m generally not a fan of direct democracy in the United States. Simply stated, I don’t like untrammeled majoritarianism, which occurs when 51 percent of voters can pillage 49 percent of voters. But I’ll admit that...
by Dan Mitchell | Oct 14, 2020 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Bernie Sanders was considered a hard-core leftist because his platform was based on higher taxes and higher spending. Elizabeth Warren also was considered a hard-core leftist because she advocated a similar agenda of higher taxes and higher spending. And Joe Biden,...
by Dan Mitchell | Oct 6, 2020 | Blogs, Taxation
On election day, most people focus on the big-ticket partisan battles, such as this year’s contest between Trump and Biden. Let’s not forget, though, that there are sometimes very important referendum battles at the state (or even local) level. In 2019, I was very...