by Dan Mitchell | Dec 27, 2017 | Big Government, Blogs
I’ve written that it’s theoretically possible for Greece to pay its debts and restore prosperity. After all, it’s simply a matter of obeying fiscal policy’s Golden Rule and reforming a suffocating tax system. But I’ve always figured none of that will happen because...
by Dan Mitchell | Dec 26, 2017 | Big Government, Blogs
I expressed approval when Trump proposed to reduce U.S. funding for international bureaucracies, mostly because of my disdain for the statist policy agenda of the International Monetary Fund and Organization for Economic Cooperation and Development. Sadly, there’s has...
by Dan Mitchell | Dec 25, 2017 | Blogs, Uncategorized
Over the years, I’ve shared examples of a politically correct Christmas, several versions of a TSA Christmas (here, here, and here), a couple of versions of The Night Before Christmas (here and here), and even a story of Santa Claus getting busted by the IRS. But one...
by Dan Mitchell | Dec 24, 2017 | Big Government, Blogs, Government Spending
Yesterday’s column about “the tax nightmare before Christmas” was based on my fear that politicians will try to impose a value-added tax at some point in the not-too-distant future. Today’s column is about the spending nightmare that is already happening. The bottom...
by Dan Mitchell | Dec 23, 2017 | Blogs, Taxation, VAT
I never saw The Nightmare Before Christmas, a 1993 film. But that’s fine, because I am already dealing with my own nightmare with the holiday just around the corner. What’s haunting me is the specter of a value-added tax, which some reporters now think is a clear and...