by Dan Mitchell | Oct 30, 2019 | Blogs, Economics, Supply Side, Taxation
In some cases, politicians actually understand the economics of tax policy. It’s quite common, for instance, to hear them urging higher taxes on tobacco because they want to discourage smoking. I don’t think it’s their job to tell people how to live their lives, but I...
by Dan Mitchell | Oct 27, 2019 | Big Government, Blogs, Taxation
In a column last week, I noted that Connecticut ranked near the bottom for state tax policy. And if there was a contest for which state has gone downhill at the fastest pace, the Nutmeg State would likely prevail. Less than 30 years ago, the state was reasonably...
by Dan Mitchell | Oct 25, 2019 | Blogs, Taxation
In a recent interview, I was asked whether all the new spending schemes proposed by Democratic candidates would lead (as has been the case in Europe) to enormous tax increases on the middle class. The answer is yes, of course. But most of the candidates are not honest...
by Dan Mitchell | Oct 22, 2019 | Big Government, Blogs, Government Spending, Taxation
While he’s not as outwardly radical as Elizabeth Warren, Bernie Sanders, and Kamala Harris, Andrew Yang has joined together two very bad ideas – universal handouts and a value-added tax. Needless to say, I was not overflowing with praise when asked to comment. At the...
by Dan Mitchell | Oct 12, 2019 | Blogs, Energy, Taxation
I’m not a big fan of the International Monetary Fund for the simple reason that the international bureaucracy undermines global prosperity by pushing for higher taxes, while also exacerbating moral hazard by providing bailouts to rich investors who foolishly lend...
