Santa Claus Policies Spell Higher Taxes for Americans
Fergus Hodgson, December 21, 2022 
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The US federal government is no longer within the boundaries that the Founding Fathers set up to limit the power of Washington. Dan Mitchell, a leading fiscal-policy economist, argues consecutive presidential administrations have increased federal spending, and they have made higher taxes a near certainty.
A former senior fellow with the Cato Institute and the Heritage Foundation, Mitchell warns that US politicians consider tax competition a threat and that they have been promoting a tax cartel as a response. While the United States remains competitive regarding income taxes in contrast to some European countries, it is one of the worst jurisdictions when it comes to taxing capital.
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Recommended Links
If You Liked This Episode
- “Reflections of a Canadian Tax Refugee,” Gold Newsletter Podcast.
- “Stagflation Is the New Normal in America,” Gold Newsletter Podcast.
- “What Americans Don’t Know about Their Government’s Debts,” Gold Newsletter Podcast.
