by Dan Mitchell | Nov 8, 2010 | Blogs, Taxation
The White House recently released a video, narrated by Austan Goolsbee of the Council of Economic Advisers, asserting that higher tax rates on the so-called rich would be a good idea. Since Goolsbee’s video made so many unsubstantiated assertions and was guilty of so...
by Dan Mitchell | Nov 6, 2010 | Big Government, Blogs, Taxation
The old saying that “two wrongs don’t make a right” is especially true in the field of public policy. A good example is the crazy new proposal from the United Nations to collect billions of dollars by imposing global taxes on financial transactions and energy. That’s...
by Dan Mitchell | Nov 4, 2010 | Blogs, Taxation, VAT
We’ve been spending too much time on elections, so let’s get back to pointing out inane, foolish, and destructive government policies. Our latest example comes from the United Kingdom, where politicians are pushing airline ticket taxes to punitive levels and harming...
by Dan Mitchell | Oct 31, 2010 | Blogs, Taxation
The death tax is a punitive levy that discourages saving and investment and causes substantial economic inefficiency. But it’s also an immoral tax that seizes assets from grieving families solely because someone dies. The good news is that this odious tax no longer...
by Dan Mitchell | Oct 24, 2010 | Blogs, Taxation
I’m not serious , of course, but it is rather ironic that Raul Castro is cutting the tax burden on small business at the same time that Obama is pushing for higher tax rates on small business. Reuters reports on the latest in supply-side communism. Cuba unveiled on...
