by Dan Mitchell | May 1, 2015 | Big Government, Blogs, Government Spending, Taxation
For the people of China, there’s good news and bad news. The good news, as illustrated by the chart, is that economic freedom has increased dramatically since 1980. This liberalization has lifted hundreds of millions from abject poverty. The bad news is that China...
by Dan Mitchell | Apr 26, 2015 | Blogs, Taxation
It must be fun to be a leftist. You get to spend other people’s money. But that’s just for starters. Using the power of majoritarianism, you also get to tell the rest of the country what to do, how to behave, and even what to eat. Best of all, you can be a complete...
by Dan Mitchell | Apr 21, 2015 | Blogs, Tax Competition, Taxation
Nothing warms my heart and brings a smile to my face faster than news that taxpayers have successfully escaped the greedy and grasping claws of government. I cheered when successful French taxpayers moved across the border when Francois Hollande imposed a 75 percent...
by Dan Mitchell | Apr 20, 2015 | Blogs, Taxation
Who benefits most from the death tax? There are two obvious answers. First, politicians presumably benefit since they get more money to spend. Yes, it’s true that the tax discourages capital formation and may actuallylose revenue in the long run, but politicians...
by Dan Mitchell | Apr 19, 2015 | Blogs, Taxation
I’ve sometimes asserted, only half-jokingly, that statists believe all of our income belongs to the government and that we should be grateful if we’re allowed to keep any slice of what we earn. This is, at least in part, the mentality behind the “tax...