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Here’s How Guilt-Ridden Rich People Can Pay More Tax without Hurting the Rest of Us

Here’s How Guilt-Ridden Rich People Can Pay More Tax without Hurting the Rest of Us

by Dan Mitchell | Jan 3, 2020 | Blogs, Taxation

I want more people to become rich. That’s why I support free markets. But a few already-rich people say such silly things that I wonder whether a big bank account somehow can lead to a loss of common sense. For background information on this issue, there’s...
Assessing the Trump Tax Reform after Two Years

Assessing the Trump Tax Reform after Two Years

by Dan Mitchell | Dec 23, 2019 | Blogs, Economics, Taxation

The Trump tax plan, which was signed into law right before Christmas in 2017, had two very good features. Restricting the deduction for state and local taxes. A reduction of the corporate tax rate to 21 percent. The former was important because the federal tax code...
U.K. Election Week, Part I: The Threat of Corbynomics

U.K. Election Week, Part I: The Threat of Corbynomics

by Dan Mitchell | Dec 9, 2019 | Big Government, Blogs, Taxation, Welfare and Entitlements

I’m currently in London for discussions about public policy, particularly the potential for the right kind of free-trade pact between the United States and United Kingdom. I deliberately picked this week for my visit so I also could be here for the British...
Taxation, Benefits, and Relative Prosperity in Finland

Taxation, Benefits, and Relative Prosperity in Finland

by Dan Mitchell | Dec 8, 2019 | Big Government, Blogs, Economics, Taxation, Welfare and Entitlements

I’ve written many columns about Sweden and Denmark over the past 10-plus years, and I’ve also written several times about Norway and Iceland. But I’ve mostly neglected Finland, other than some analysis of the country’s experiment with “basic income” in 2017 and 2018....
Class-Warfare Taxation, Government Spending, and Economic Growth

Class-Warfare Taxation, Government Spending, and Economic Growth

by Dan Mitchell | Dec 6, 2019 | Big Government, Blogs, Economics, Government Spending, Taxation

Arthur Okun was a well-known left-of-center economist last century. He taught at Yale, was Chairman of the Council of Economic Advisors for President Lyndon Johnson, and also did a stint at Brookings. In today’s column, I’m not going to blame him for any of LBJ’s...
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