by Dan Mitchell | Jul 24, 2021 | Blogs, Capital Gains, Taxation
It’s presumably not controversial to point out that the Washington Post (like much of the media) leans to the left. Indeed, the paper’s bias has given me plenty of material over the years. As you can see, what really irks me is when the bias translates...
by Dan Mitchell | Feb 23, 2021 | Big Government, Blogs, Taxation
What nation serves as the most powerful example of how statism can wreck an economy and impoverish people? The Soviet UnionGreeceCubaChinaZimbabweVenezuela Those are all good choices, but perhaps Argentina is the best example (or should we say worst example?). If...
by Dan Mitchell | Dec 24, 2020 | Blogs, Economics, Taxation
I don’t like higher taxes, whether looking at levies on income, capital gains, payroll, death, or consumption. But if asked to identify the worst way of hiking taxes, the wealth tax might lead the list because of the economic damage caused per dollar collected. If you...
by Andrew F. Quinlan | Aug 25, 2020 | Opinion and Commentary
Originally published by Inside Sources on August 24, 2020. The crowded Democratic primary field managed to reach a general consensus on at least one issue — to raise taxes — with disagreements only over which taxes should rise and by how much. Sens. Elizabeth Warren...
by Dan Mitchell | Aug 12, 2020 | Blogs, Taxation
Speculating about tax policy in 2021, with Washington potentially being controlling by Joe Biden, Chuck Schumer, and Nancy Pelosi, there are four points to consider. The bad news is that Joe Biden has endorsed a wide range of punitive tax increases. The good news is...
