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...
by Dan Mitchell | Jan 8, 2019 | Blogs, Taxation
I wrote yesterday about a handful of strange legal developments in Canada. In a display of balance, however, I noted in my conclusion that Canada in recent decades has been “very sensible” with regard to economic issues (spending restraint, welfare reform, corporate...
by Dan Mitchell | Jan 6, 2019 | Blogs, Taxation
She’s not quite as bad as Matt Yglesias, who wants a top tax rate of 90 percent (a rate that Crazy Bernie also likes), but Congresswoman Alexandria Ocasio-Cortez is not bashful about wanting to use the coercive power of government to take much larger shares of what...