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The Welfare State Penalizes the Poor with High Marginal Tax Rates

The Welfare State Penalizes the Poor with High Marginal Tax Rates

by Dan Mitchell | Jun 4, 2020 | Big Government, Blogs, Taxation, Welfare and Entitlements

Back in 2016, I shared an image that showed how the welfare state punishes both the poor and rich. Rich people are hurt for the obvious reason. They get hit with the highest statutory tax rates, and also bear the brunt of the double taxation (the extra layers of tax...
If Finland Is a Role Model for Bernie Sanders, Middle-Income Taxpayers Won’t Be Happy

If Finland Is a Role Model for Bernie Sanders, Middle-Income Taxpayers Won’t Be Happy

by Dan Mitchell | Feb 3, 2020 | Big Government, Blogs, Taxation, Welfare and Entitlements

Assuming he was able to impose his policy agenda, I think Bernie Sanders – at best – would turn America into Greece. In more pessimistic moments, I fear he would turn the U.S. into Venezuela. The Vermont Senator and his supporters say that’s wrong and that the real...

Some Folks on the Left Are Honest…but Very Wrong

by Dan Mitchell | Jan 12, 2020 | Big Government, Blogs, Taxation, Welfare and Entitlements

As part of my collection of honest leftists, I have a bunch of columns highlighting how some advocates of big government (including, to their credit, Bernie Sanders and Andrew Yang) don’t hide from reality. I’m unalterably opposed to their policies, but at least they...
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...
If Finland Is a Role Model for Bernie Sanders, Middle-Income Taxpayers Won’t Be Happy

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....
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