by Dan Mitchell | Aug 8, 2024 | Blogs, States, Taxation
Writing about Mitt Romney’s selection of Paul Ryan in 2012, I opined that, “…it probably means nothing. I don’t think there’s been an election in my lifetime that was impacted by the second person on a presidential ticket.” I feel the same way about Tim Walz, who is...
by Dan Mitchell | Jul 31, 2024 | Big Government, Blogs, Taxation
If Joe Biden and Kamala Harris proposed to give taxpayer funds to pro-tax, pro-spending groups like the Center for American Progress or the Center on Budget and Policy Priorities, Republicans presumably would argue against handouts. After all, why...
by Dan Mitchell | Jul 23, 2024 | Blogs, Tax Competition, Taxation
I wrote a couple of days ago about the possibility of confiscatory taxes in France and whether that would lead to an exodus of upper-income taxpayer. Since that’s happened before, it’s very realistic to think it will happen again. Now let’s...
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...