by Dan Mitchell | Sep 12, 2018 | Blogs, Economics, Taxation
If the goal is higher living standards, then higher levels of productivity are necessary. And that requires entrepreneurship and innovation. But bad tax policy can be an obstacle to the economic choices that create a better future. I’ve already shared lots of...
by Dan Mitchell | Sep 11, 2018 | Blogs, Trade
I wrote a few days ago about Obama’s weak track record on the economy and included the relevant part of a Fox Business interview. In that same interview, I also talked about Trump’s performance. As you might expect, I said nice things about tax reform and regulatory...
by Dan Mitchell | Sep 9, 2018 | Blogs, Economics
President Trump and former President Obama are arguing over who deserves credit for the economy’s performance. Given the less-than-ideal numbers for labor force participation, I’m not convinced we should be celebrating. Regardless, here’s a quick assessment of whether...
by Dan Mitchell | Sep 8, 2018 | Blogs, Taxation, VAT
The value-added tax was first imposed in Europe starting about 50 years ago. Politicians in nations like France approve of this tax because it is generally hidden, so it is relatively easy to periodically raise the rate. And that’s the reason I am vociferously opposed...
by Dan Mitchell | Sep 7, 2018 | Big Government, Blogs, Government Spending
Way back in early 2011, I wrote about the likelihood of various nations suffering a Greek-style meltdown. After speculating on the importance of debt burdens and interest payments, I concluded that …which nation will be the next domino to fall? …Some people think...
