by Dan Mitchell | Nov 19, 2010 | Blogs, Taxation
I get nauseated and disgusted when guilt-ridden wealthy people try to come across as friends of the common man by endorsing soak-the rich taxes. I’ve even debated a couple of self-loathing trust fund babies (see here and here) about class-warfare policy. If neurotic...
by Dan Mitchell | Nov 19, 2010 | Blogs, Taxation
Every since the current government won a landslide election, there’s been a widespread assumption that Hungary would be the next nation in Europe to hop on the flat tax bandwagon. Well, the assumption has become reality. Here’s a report from Tax-news.com. The...
by Dan Mitchell | Nov 18, 2010 | Bailouts, Big Government, Blogs, Economics, Government Spending
Ireland is in deep fiscal trouble and the Germans and the French apparently want the politicians in Dublin to increase the nation’s 12.5 percent corporate tax rate as the price for being bailed out. This is almost certainly the cause of considerable smugness and joy...
by Dan Mitchell | Nov 17, 2010 | Big Government, Blogs, Economics, Taxation
Back during the presidential campaign, Barack Obama proposed several tax increases. Some of those tax hikes, such as the proposed higher income tax rates on investors, entrepreneurs, small business owners, and other “rich” taxpayers, have received a lot of public...
by Dan Mitchell | Nov 9, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation
I’ve already written about the terrible work of the Congressional Budget Office. The CBO did an awful job on the stimulus, for instance, repeatedly asserting that diverting money from the private sector to government somehow would create jobs. CBO also was a disaster...
