by Dan Mitchell | Jun 26, 2024 | Big Government, Blogs, Taxation
The Organization for Economic Cooperation and Development is a Paris-based international bureaucracy that originally was created to engage in benign activities such as gathering statistics about member nations. It still does some of that, but it also has...
by Dan Mitchell | Jun 14, 2024 | Blogs, Taxation
Less than two months ago, I shared a chart looking at tax burdens on saving and investment in the industrialized world. The nation with the lowest tax burden on capital was Lithuania (unsurprisingly, all of the Baltic countries scored...
by Dan Mitchell | Jun 12, 2024 | Blogs, Taxation
My view on rich people is very simple. I applaud them if they earn their money honestly (through voluntary exchange in a free market economy). And I want more people to become rich in the same way. Especially since the rest of us get...
by Dan Mitchell | Jun 4, 2024 | Big Government, Blogs, Taxation, Welfare and Entitlements
The main argument for smaller government – from an economic perspective – is that more resources are left in the productive sector of the economy and this leads to faster growth and higher living standards. This is a reason why the United...
by Dan Mitchell | Jun 1, 2024 | Blogs, Europe, Taxation
When I think of the world’s most mistreated taxpayers, a few options come to mind. Cam Newton, the quarterback who faced a marginal tax rate of nearly 200 percent on his Super Bowl bonus. The 8,000 French households who had to surrender more than 100 percent of their...
