by Dan Mitchell | Jul 8, 2025 | Blogs, Economics, Free Market
I’ve written extensively about the amazing libertarian reforms being implemented by Javier Milei in Argentina. Here’s a very short video celebrating his accomplishments. Except the headline of this column is misleading. What’s happening in Argentina is super...
by Dan Mitchell | Jul 7, 2025 | Big Government, Blogs, Government Spending, Taxation
I gave my overall assessment of the One Big Beautiful Bill Act last week, which can be summarized in two sentences. The good news is that “…the bill prevents a massive automatic tax increase starting on January 1 of 2026.” The bad news is that “…the...
by Dan Mitchell | Jul 5, 2025 | Big Government, Blogs, Welfare and Entitlements
Late last year, when there was (unwarranted) optimism that DOGE could deliver big savings for taxpayers, I recommended that Elon Musk and his team promote fiscal federalism. My argument was that it is wasteful and foolish to have Uncle Sam grab about $1.3...
by Dan Mitchell | Jul 3, 2025 | Blogs, Taxation
Back in 2016, I sarcastically opined that our leftist friends should be nice to upper-income taxpayers. Why? Because those are the people who pay a hugely disproportionate share of taxes. So if you like big government, you should be very friendly...
by Dan Mitchell | Jul 2, 2025 | Big Government, Blogs, Government Spending
At the risk of stating the obvious, the so-called “One Big Beautiful Bill Act.” is grotesquely disappointing. This chart from the Committee for a Responsible Federal Budget tells you everything you need to know. We have a federal budget that is far too...