by Dan Mitchell | Jan 28, 2019 | Blogs, Taxation
I’ve periodically opined about why politicians should not try to control people’s behavior with discriminatory taxes, such as the ones being imposed on soda. And I’ve cited some examples of how these taxes backfire. The big drop in soda purchases after a tax on sugary...
by Dan Mitchell | Jan 27, 2019 | Big Government, Blogs, Government Spending, Taxation
Maybe I’m just old-fashioned, but I don’t believe in using dodgy numbers or nonsensical analysis – even if that would help my side in a policy debate. And it goes without saying that I also don’t like when the other side is dishonest. But I’m not talking about my...
by Dan Mitchell | Jan 21, 2019 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
If nothing else, Alexandria Ocasio-Cortez gives me a lot to write about…and to laugh about. I recently pontificated about her crazy idea to impose a top tax rate of 70 percent, which would reverse the very successful experiment we had in the 1980s (and presumably have...
by Dan Mitchell | Jan 13, 2019 | Blogs, Economics, Taxation
There were several good features of the 2017 tax bill, including limitations on the state and local tax deduction. But the 21 percent corporate tax rate was the unquestioned crown jewel of the Tax Cut and Jobs Act. The U.S. system had become extremely...
by Dan Mitchell | Jan 11, 2019 | Big Government, Blogs, Taxation, Welfare and Entitlements
Bernie Sanders is yesterday’s news. Yes, he’s still lovable ol’ Crazy Bernie, but he’s now being overshadowed by Congresswoman Alexandria Ocasio-Cortez, another out-of-the-closet socialist who somehow thinks America should be more like Greece or Venezuela. Brian Riedl...