by Dan Mitchell | Apr 24, 2019 | Big Government, Blogs, Taxation
I admired the Tea Party because it was made up of people who were upset by the bipartisan waste and corruption of Washington. And I think they even had a positive – albeit only temporary – effect. But the “Yellow Vest” protesters in France, as I explain in this...
by Dan Mitchell | Apr 21, 2019 | Blogs, Economics, Taxation
The International Monetary Fund is one of my least favorite international bureaucracies because the political types who run the organization routinely support bad policies such as bailouts and tax increases. But there are professional economists at the IMF who do good...
by Dan Mitchell | Apr 16, 2019 | Big Government, Blogs, Economics, Socialism, Taxation
Bernie Sanders demonizes the rich and argues that millionaires need to pay higher tax rates in order to finance a bigger burden of government. Which presumably means that he should surrender more of his income, since he is part of the gilded class. The New York...
by Dan Mitchell | Apr 15, 2019 | Big Government, Blogs, Economics, Taxation
There are some fortunate people (in the Cayman Islands, Bermuda, Monaco, Vanuatu, Antigua and Barbuda, and a few other places) who don’t have to pay income taxes. The United States used to be in that lucky club. The income tax did not become a permanent blight upon...
by Dan Mitchell | Apr 11, 2019 | Blogs, Economics, Free Market, Taxation
Singapore is routinely ranked as the world’s 2nd-freest economy, trailing only Hong Kong. The nation’s laissez-faire approach has yielded big dividends. Singapore is now über prosperous, richer than both the United States and United Kingdom. But there are problems in...
