by Dan Mitchell | Aug 26, 2014 | Big Government, Blogs, Competition
The Export-Import Bank is noxiously corrupt example of crony capitalism. It never should have been created. But that’s something we could say about most government programs. So the real question is how to reverse the damage. If we reform a big program such as...
by Dan Mitchell | Feb 12, 2012 | Big Government, Blogs, Taxation
President Obama, echoed by the establishment media, routinely trumpets Warren Buffett’s support for higher taxes. If this rich guy is willing to pay more, the story goes, then surely the rest of us peasants should just roll over and acquiesce to the President’s...
by Dan Mitchell | Aug 15, 2011 | Blogs, Economics, Taxation
Warren Buffett’s at it again. He has a column in the New York Times complaining that he has been coddled by the tax code and that “rich” people should pay higher taxes. My first instinct is to send Buffett the website where people can voluntarily pay extra money to...
by Dan Mitchell | Nov 19, 2010 | Blogs, Taxation
I get nauseated and disgusted when guilt-ridden wealthy people try to come across as friends of the common man by endorsing soak-the rich taxes. I’ve even debated a couple of self-loathing trust fund babies (see here and here) about class-warfare policy. If neurotic...
by Dan Mitchell | Sep 25, 2010 | Big Government, Blogs, Taxation
Warren Buffett once said that it wasn’t right for his secretary to have a higher tax rate than he faced, leading me to point out that he didn’t understand tax policy. The 15 percent tax rates on dividends and capital gains to which he presumably was referring...
