by Dan Mitchell | Jul 21, 2024 | Blogs, Taxation
Some folks on the left have a deep-seated resentment of successful investors, entrepreneurs, business owners, and other high-income people. They want to hit them with confiscatory tax rates, even if the tax is so punitive that the government doesn’t...
by Dan Mitchell | Jul 9, 2024 | Big Government, Blogs, Taxation
Citing a report in the New York Times, I wrote two days ago about how excessive government spending is the real reason for economic and political turmoil in Sri Lanka and Bolivia. Kenya and Pakistan also were featured in the story, but I didn’t focus on...
by Dan Mitchell | Jul 8, 2024 | Big Government, Blogs, Taxation
At the end of last week, I wrote about the Conservative Party’s crushing defeat in the United Kingdom. In that column, I cited the Wall Street Journal, which groused that the Tories didn’t deliver better economic policy. Indeed,...
by Dan Mitchell | Jul 2, 2024 | Blogs, Taxation
I wrote yesterday about a strange quirk in the Dutch tax system. That country (which is quite sensible on issues such as personal retirement accounts and school choice) has a very odd way of double taxing income that is saved and invested. Today, we’re...
by Dan Mitchell | Jun 27, 2024 | Big Government, Blogs, Government Spending, Taxation
I wrote earlier this year about Kenya’s fiscal policy and I made two points. Kenya is in trouble because the burden of government spending has exploded over the past twenty-plus years. Tax increases in Kenya are backfiring because people are changing their...
