by Dan Mitchell | Dec 6, 2019 | Big Government, Blogs, Economics, Government Spending, Taxation
Arthur Okun was a well-known left-of-center economist last century. He taught at Yale, was Chairman of the Council of Economic Advisors for President Lyndon Johnson, and also did a stint at Brookings. In today’s column, I’m not going to blame him for any of LBJ’s...
by Dan Mitchell | Dec 5, 2019 | Big Government, Blogs, Welfare and Entitlements
Building on the success of state-level reforms in Kansas, Maine, Wisconsin, Alabama, and Georgia, the Trump Administration has proposed to tighten rules that impose work requirements on childless and able-bodied adults who receive food stamps. Since I want to get...
by Dan Mitchell | Dec 4, 2019 | Blogs, Education
To help me follow policy developments, I get 30-plus daily emails from various news outlets and institutions, and I scroll through these messages to see what I should be reading. Given my interest in fiscal policy, I’m always on the lookout for articles on tax...
by Dan Mitchell | Dec 3, 2019 | Big Government, Blogs, Bureaucracy
An utterly depressing statistic is that the Washington, D.C.-area is now the richest region of the country. At the risk of understatement, that wealth is largely unearned. It’s mostly a reflection of overpaid bureaucrats, greedy politicians, fat-cat...
by Dan Mitchell | Dec 2, 2019 | Blogs, Economics, Taxation
Whenever I review a tax proposal, I automatically check whether it is consistent with the “Holy Trinity” of good policy. Low marginal tax rates on productive activity such as work and entrepreneurship. No tax bias (i.e., extra layers of tax) penalizing saving and...
