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Since Upper-Income Taxpayers Finance the American Welfare State, Leftists Should Be Nice to Rich People, Part III

Since Upper-Income Taxpayers Finance the American Welfare State, Leftists Should Be Nice to Rich People, Part III

by Dan Mitchell | Aug 1, 2025 | Blogs, Taxation

I’ve written a couple of columns (in 2016 and earlier this year) about how upper-income taxpayers finance the vast majority of the welfare state. The data I shared involved the federal budget in Washington. And I explained that the Bernie-AOC crowd,...
Expanding the Milei Miracle: Pro-Growth Tax Reform

Expanding the Milei Miracle: Pro-Growth Tax Reform

by Dan Mitchell | Jul 14, 2025 | Blogs, Taxation

Part I of this series celebrated economic progress in Argentina, but noted that many more reforms are needed. Part II explained the need to liberalize labor markets. This new video, Part III in the series, points out that Argentina needs better tax policy....
Exit Taxes: Immoral and Destructive

Exit Taxes: Immoral and Destructive

by Dan Mitchell | Jul 12, 2025 | Blogs, Tax Competition, Taxation

The private sector is more efficient than the government because businesses know they have to please customers if they want to make profits. Governments, by contrast, simply rely on coercion. People generally don’t have choices and they typically comply...
Assessing OBBBA’s Provisions

Assessing OBBBA’s Provisions

by Dan Mitchell | Jul 7, 2025 | Big Government, Blogs, Government Spending, Taxation

I gave my overall assessment of the One Big Beautiful Bill Act last week, which can be summarized in two sentences. The good news is that “…the bill prevents a massive automatic tax increase starting on January 1 of 2026.” The bad news is that “…the...
Since Upper-Income Taxpayers Finance the American Welfare State, Leftists Should Be Nice to Rich People, Part III

Since Upper-Income Taxpayers Finance the American Welfare State, Leftists Should Be Nice to Rich People, Part II

by Dan Mitchell | Jul 3, 2025 | Blogs, Taxation

Back in 2016, I sarcastically opined that our leftist friends should be nice to upper-income taxpayers. Why? Because those are the people who pay a hugely disproportionate share of taxes. So if you like big government, you should be very friendly...
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