by Dan Mitchell | Feb 10, 2026 | Blogs, Taxation
At the end of December, I wrote about the pro-spending lobbies pushing to put an insanely foolish retroactive wealth tax on the ballot later this year. I followed up last month with a column about rich people prudently escaping the state. Today,...
by Dan Mitchell | Feb 8, 2026 | Blogs, Economics, Taxation
When trying to educate people about taxes, I often share this visual showing a taxpayer trying to figure out whether he should try to earn more income. The simple message is that a taxpayer is more likely to choose to earn more income if the tax rate on that...
by Dan Mitchell | Jan 30, 2026 | Blogs, Economics, Taxation
The death tax presumably is the most destructive tax on a per-dollar-collected basis, but I suspect the capital gains tax is in second place. Like the death tax, the capital gains tax is pure double taxation, thus exacerbating the tax...
by Dan Mitchell | Jan 29, 2026 | Blogs, Economics, Laffer Curve, Taxation
Unless you’re a policy wonk, I realize “exciting” may not be the right word to describe new developments in public-finance economics. For nerds, however, three economists at the Joint Committee on Taxation have some important new research on the Laffer...
by Dan Mitchell | Jan 28, 2026 | Blogs, Economics, Taxation, Welfare and Entitlements
Every year or so, I share data showing that a European-sized welfare state requires massive tax increases on lower-income and middle-class household. Let’s add another to the list. Here’s a chart comparing tax burdens on middle-class Americans and middle-class people...
