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...
by Dan Mitchell | Sep 14, 2024 | Big Government, Blogs, Government Spending
I wrote in 2013 that “for any fiscal policy question, spending restraint is the answer,” which is simply a restatement of my Golden Rule. I’m going to augment that by stating that “whenever there is a fiscal mess, excess spending growth is the cause.”...
by Dan Mitchell | Sep 5, 2024 | Blogs, Taxation
As part of her equality-of-outcomes agenda, Kamala Harris wants to impose lots of soak-the-rich tax increases on investors, entrepreneurs, business owners, and other upper-income taxpayers. Here’s a partial list (for the full list of class-warfare...
by Dan Mitchell | Sep 2, 2024 | Blogs, States, Tax Competition, Taxation
Massachusetts used to have a flat tax, but I warned back in 2019 that it was in danger. Sadly, my fears were warranted. In 2022, the state’s misguided voters approved a referendum to replace the flat tax with a system based on class warfare (a...
by Dan Mitchell | Aug 22, 2024 | Blogs, Taxation
I used to think the world’s biggest hypocrites were the bureaucrats at international bureaucracies such as the Organization for Economic Cooperation and Development and the International Monetary Fund. They jet around the world at our expense (in...
