by Dan Mitchell | Aug 2, 2019 | Blogs, Taxation
When I write about Estonia, I generally have something nice to say. Estonia has a non-discriminatory flat tax. Estonian lawmakers know how to cut spending. Estonia has a very good corporate tax system. Estonia has a high level of economic freedom. Estonia shrank...
by Dan Mitchell | Aug 1, 2019 | Blogs, Economics, Taxation
Assuming the goal is faster growth and higher living standards, there are three core principles of good tax policy. Low marginal tax rates on productive activity such as work and entrepreneurship. No tax bias (i.e., extra layers of tax) against saving and investment....
by Dan Mitchell | Jul 31, 2019 | Big Government, Blogs, Government Spending
The invaluable John Stossel has an entertaining and informative video that estimates how many handouts are being promised by Joe Biden, Pete Buttigieg, Kamala Harris, Bernie Sanders, Donald Trump, and Elizabeth Warren. Wow, how depressing. When I wrote about about the...
by Dan Mitchell | Jul 30, 2019 | Big Government, Blogs, Government Spending
I point out in this interview that the 2011 Budget Control Act (BCA) was the only big victory for taxpayers this century. It imposed spending caps on discretionary spending and led to a sequester in early 2013, which was Barack Obama’s biggest defeat. The bad news is...
by Dan Mitchell | Jul 29, 2019 | Blogs, Economics, Keynesian
Earlier this month, I commented on a Wall Street Journal report that expressed puzzlement about some sub-par economic numbers in America even though politicians were spending a lot more money. I used the opportunity to explain that this shouldn’t be a mystery....
