by Dan Mitchell | Aug 24, 2024 | Big Government, Blogs, Government Spending, Taxation
I’ve written many times about America having a problem of a government that is too big and growing too fast. And I’ve warned that this will lead to some combination of the following dire consequences. Big tax increases. Big debt...
by Dan Mitchell | Aug 22, 2024 | Blogs, Taxation
I used to think the world’s biggest hypocrites were the bureaucrats at international bureaucracies such as the Organization for Economic Cooperation and Development and the International Monetary Fund. They jet around the world at our expense (in...
by Dan Mitchell | Aug 21, 2024 | Big Government, Blogs
What’s the most poorly governed city in the United States? Is it San Francisco, Detroit, New York City, Minneapolis, or Seattle? How about none of the above. At least if we care about empirical research. In 2019, I shared a...
by Dan Mitchell | Aug 20, 2024 | Blogs, Economics, Taxation
As part of her tax-and-spend agenda, Kamala Harris says she wants to increase the federal corporate tax rate from 21 percent to 28 percent. While it doesn’t seem possible, there is a tiny sliver of good news in her proposal. I’m happy that she isn’t proposing to...
by Dan Mitchell | Aug 19, 2024 | Big Government, Blogs, Economics, Government Spending
It’s been a while since I shared this video about the Rahn Curve (or Armey-Rahn Curve), so let’s watch this Golden Oldie from 2010. The insight of the Rahn Curve (sort of a spending version of the Laffer Curve) is that economic performance declines once government...
