by Dan Mitchell | Oct 31, 2024 | Blogs, Economics, Taxation
I realize the election is just a few days away and there are many bad ideas to analyze from both candidates, but I can’t resist sharing this preposterous soundbite from a woman at the (horribly misnamed) International Growth...
by Dan Mitchell | Oct 29, 2024 | Blogs, Taxation
What’s the most radical part of Kamala Harris’ agenda? I’m tempted to say it’s what she has said about wanting the Marxist notion of “equality of outcomes.” But I suspect (or hope!) that’s just empty campaign rhetoric. If we look at the specific ideas...
by Dan Mitchell | Oct 23, 2024 | Blogs, Economics, Taxation, Trade
I’m not a fan of the International Monetary Fund, mostly because of the bureaucracy’s support for bailouts and higher taxes. Those are terrible policies for the global economy. If you want to add insult to injury, the IMF’s forecasting ability also...
by Dan Mitchell | Oct 6, 2024 | Blogs, Taxation
Part I of my three-part video series on the Laffer Curve is a good introduction to today’s column. It’s a common-sense primer on why there is not a linear relationship between tax rates and tax revenue. This is not a controversial view. Even Paul Krugman...
by Dan Mitchell | Sep 26, 2024 | Blogs, Economics, Taxation
On tax policy, our friends on the left are motivated by envy and hatred. As shown in this Stossel video, Robert Reich is a sad example of this mindset. John Stossel understates his argument. It’s not that Reich is wrong. He’s wildly wrong. There are four points in the...
