Politicians and interest groups claim higher taxes are necessary because it would be impossible to cut spending by enough to get rid of red ink. This Center for Freedom and Prosperity video shows that these assertions are nonsense. The budget can be balanced very quickly by simply limiting the annual growth of federal spending.

In a new video released today by the Center for Freedom and Prosperity Foundation (CF&P), Dan Mitchell of the Cato Institute debunks the statist claim that the federal budget can only be balanced through massive tax hikes.

The Center for Freedom and Prosperity Foundation has released a new Prosperitas study, entitled, “An Update on the OECD’s Campaign Against Tax Competition, Fiscal Sovereignty, and Financial Privacy,” warning low-tax jurisdictions that the Organisation for Economic Co-operation and Development (OECD) may unveil last-minute schemes at the upcoming Global Forum on Transparency and Exchange of Information for Tax Purposes taking place Sept. 29-30 in Singapore.

Dan Mitchell, a Senior Fellow at the Cato Institute and Chairman of the Center for Freedom and Prosperity, will be in Singapore for the upcoming Organisation for Economic Co-operation and Development (OECD) Global Forum on Transparency and Exchange of Information for Tax Purposes.

The capital gains tax is a perverse form of double taxation that should be abolished. This bad tax is especially damaging because families often are taxed on gains that are solely the result of inflation. This video explains how taxpayers could be protected by indexing the capital gains tax so the levy only applies to inflation-adjusted gains.

The capital gains tax is a perverse form of double taxation that should be abolished. This bad tax is especially damaging because families often are taxed on gains that are solely the result of inflation. This video explains how taxpayers could be protected by indexing the capital gains tax so the levy only applies to inflation-adjusted gains.

In a new video released today by the Center for Freedom and Prosperity Foundation (CF&P), Dan Mitchell of the Cato Institute explains that the $100 million spent each year to subsidize the Paris-based Organization for Economic Cooperation and Development is a terrible deal for American taxpayers.

American taxpayers finance nearly one-fourth of the budget for the Paris-based Organization for Economic Cooperation and Development, an international bureaucracy that routinely advocates for more government – including more taxes and spending in the United States. In just the past couple of years, the OECD has used American tax dollars to advocate Obamacare-type health policies, push for failed Keynesian stimulus spending, promote Al Gore-style carbon taxes, and urge the enactment a value-added tax. To reduce wasteful spending and protect America’s free market system, American subsidies for this Paris-based bureaucracy should be eliminated.