by Dan Mitchell | Jan 30, 2020 | Blogs, States, Taxation
I’ve written dozens of columns explaining why it would be a terrible idea for the United States to enact a value-added tax. But that’s not because I think consumption taxes are worse than income taxes. Indeed, sales taxes and VATs are less destructive because tax...
by Dan Mitchell | Jan 29, 2020 | Big Government, Blogs, Government Spending
When the Congressional Budget Office released its Budget and Economic Outlook yesterday, almost everyone in Washington foolishly fixated on the estimate of $1 trillion-plus annual deficits. What’s far more important – and much more worrisome – is that the burden of...
by Dan Mitchell | Jan 28, 2020 | Blogs, Economics, Free Market
Back in 2014, I compared Hong Kong’s amazing growth with Cuba’s pitiful stagnation and made the obvious point that free markets and limited government are the right recipe for prosperity. Especially if you care about improving the lives of the less fortunate....
by Dan Mitchell | Jan 27, 2020 | Big Government, Blogs, Economics, Government Spending, Taxation
About 10 years ago, the Center for Freedom and Prosperity released this video to explain that America’s real fiscal problem is too much spending and that red ink is best viewed as a symptom of that problem. I wrote a primer on this issue two years ago, but I want to...
by Dan Mitchell | Jan 26, 2020 | Blogs, Education
Barack Obama’s strategy during the 2008 campaign was very shrewd. His statist policy positions and doctrinaire Senate voting record (almost identical to Bernie Sanders) made him very appealing to the left, yet he also made himself acceptable to other voters with a...
