by Dan Mitchell | May 13, 2023 | Big Government, Blogs, Government Spending, Taxation
Two years ago, I took an online budget quiz put together by the Committee for a Responsible Federal Budget. The results said I was a “minimalist,” which makes a lot of sense. Today, I took another budget quiz, this one put together by...
by Dan Mitchell | May 3, 2023 | Blogs, Taxation
In past columns on the topic of basic income, most of my attention has focused on how universal handouts would undermine the work ethic. To be succinct, I fear that a non-trivial share of the population would exit the labor force if they...
by Dan Mitchell | May 2, 2023 | Blogs, Tax Competition, Taxation
The economic policy lessons from Latin America are very clear. There’s one unambiguous success story (at least until the past couple of years), one semi-decent success story, and then a bunch of utter failures. What’s interesting (and tragic) is...
by Dan Mitchell | Apr 30, 2023 | Blogs, Tax Competition, Taxation
I realize it’s not nice to take pleasure in the misfortune of others, but that rule does not apply when bad things happen to greedy politicians. As such, I greatly enjoy reading about when taxpayers “vote with their feet” by moving from high-tax jurisdictions to...
by Dan Mitchell | Apr 29, 2023 | Blogs, Taxation
I’ve written many times about the harmful consequences of the federal death tax. Simply stated, it is both immoral and foolish for the IRS to grab as much as 40 percent of someone’s assets simply because they die. That drains private capital from...
