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The Most Important Thing to Understand about Biden’s New Budget

The Most Important Thing to Understand about Biden’s New Budget

by Dan Mitchell | Mar 10, 2023 | Big Government, Blogs, Government Spending, Taxation

President Biden has released his 2024 budget, which mostly recycles the tax-and-spend proposals that he failed to achieve as part of his original “Build Back Better” plan. It is not easy figuring out his worst policy. Is it one of the proposed tax...
Another Victory for America’s Children

Another Victory for America’s Children

by Dan Mitchell | Mar 9, 2023 | Blogs, Education

More than 10 years ago, I expressed great hope for school choice in Colorado and Pennsylvania, only to then be disappointed. Today, there is no sadness. States such as West Virginia, Arizona, Iowa, and Utah have...
Bad Math Leads to Bad Economics

Bad Math Leads to Bad Economics

by Dan Mitchell | Mar 8, 2023 | Big Government, Blogs, Taxation

The combination of demographic change and poorly designed entitlement programs is producing an ever-increasing burden of federal spending. In my Twelfth Theorem of Government, I pointed out that this inevitably will mean big tax increases on...
France and Fiscal Suicide

France and Fiscal Suicide

by Dan Mitchell | Mar 7, 2023 | Big Government, Blogs, Welfare and Entitlements

Which European nation has the costliest welfare state? Greece would be a good guess, but it’s only in second place. At the top of the list, according to OECD data, is France, where government spending consumes nearly 60 percent of the nation’s economic...
(Even Better) State Tax Rankings

(Even Better) State Tax Rankings

by Dan Mitchell | Mar 6, 2023 | Blogs, Tax Competition, Taxation

There’s been great progress in recent years with regards to state tax policy. When I put together my first ranking back in 2018, there were 9 states with flat taxes and and 3 states with low-rate graduated tax systems. Today, there are 11 (soon to...
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