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The Looming Threat of Higher Capital Gains Taxation

The Looming Threat of Higher Capital Gains Taxation

by Dan Mitchell | Sep 19, 2019 | Blogs, Taxation

I wrote yesterday about the generic desire among leftists to punish investors, entrepreneurs, and other high-income taxpayers. Today, let’s focus on one of the specific tax hikes they want. There is near-unanimity among Democratic presidential candidates for higher...
The Left’s Class-Warfare Numbers Don’t Add Up

The Left’s Class-Warfare Numbers Don’t Add Up

by Dan Mitchell | Sep 18, 2019 | Blogs, Economics, Taxation

I’ve written many times about the perverse and destructive economic impact of class-warfare taxation. Today, we’re doing to look at the sloppy math associated with the fiscal plans of Bernie Sanders, Kamala Harris, Elizabeth Warren, and the rest of the soak-the-rich...
Four Things to Understand about the Taxation of International Businesses

Four Things to Understand about the Taxation of International Businesses

by Dan Mitchell | Sep 10, 2019 | Blogs, Economics, Taxation

A few years ago, I put together a basic primer on corporate taxation. Everything I wrote is still relevant, but I didn’t include much discussion about international topics. In part, that’s because those issues are even more wonky and more boring than domestic issues...
The Destructive Impact of Wealth Taxation

The Destructive Impact of Wealth Taxation

by Dan Mitchell | Sep 6, 2019 | Blogs, Economics, Tax Competition, Tax Havens, Taxation

When I wrote about the wealth tax early this year, I made three simple points. A war on wealth is a war on capital (increased double taxation is needed since rich people have a lot of saving and investment). A war on capital is a war on productivity (every economic...
Democratic Candidates Endorse Huge Tax Hikes on Lower-Income and Middle-Class Taxpayers

Democratic Candidates Endorse Huge Tax Hikes on Lower-Income and Middle-Class Taxpayers

by Dan Mitchell | Sep 5, 2019 | Blogs, Taxation

I’ve warned (over and over and over again) that supporters of larger government want big tax hikes on ordinary people. But you don’t have to believe me. CNN hosted a discussion yesterday with the major Democratic candidates about global warming…oops, I mean climate...
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