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Balancing the Budget Should Be Very Easy, Regardless of the GOP’s Tiny (and Temporary) Tax Cut

Balancing the Budget Should Be Very Easy, Regardless of the GOP’s Tiny (and Temporary) Tax Cut

by Dan Mitchell | Dec 2, 2017 | Big Government, Blogs, Government Spending, Taxation

Since the House has passed a tax cut and the Senate has passed a tax cut, it’s quite likely that there will be a consensus deal that will be signed into law. Which makes me happy since any agreement presumably will include a lower corporate tax rate and...
Everything You Need to Know about Statism in One Story

Everything You Need to Know about Statism in One Story

by Dan Mitchell | Dec 1, 2017 | Big Government, Blogs, Economics

One of my specialty pages deals with the unfortunate nexus between sex and government. You can find columns about taxes and sex, Obamacare and sex, and licensing and sex. My new addition to that collection involves the venal government of Venezuela. Here’s a...
As Prince Harry and Meghan Markle Are About to Learn, America’s Worldwide Tax Regime Is a Royal Pain

As Prince Harry and Meghan Markle Are About to Learn, America’s Worldwide Tax Regime Is a Royal Pain

by Dan Mitchell | Nov 30, 2017 | Blogs, Taxation

I realize that we’re in the midst of an important tax battle in Washington and that I should probably be writing about likely amendments to the Senate tax bill. The bad Rubio-Lee proposal to increase refundable tax credits (i.e., redistribution spending that...
Reducing Solyndra-Style Green Cronyism Is another Reason to Be Excited about Tax Reform

Reducing Solyndra-Style Green Cronyism Is another Reason to Be Excited about Tax Reform

by Dan Mitchell | Nov 29, 2017 | Blogs, Economics, Taxation

I have a fantasy of junking the entire corrupt tax system and adopting a simple and fair flat tax. I have an even bigger fantasy of shrinking the size and scope of the federal government to what America’s Founders intended, in which case Washington wouldn’t need any...

Sequesters Are Good for Prosperity, Tax-Hike Triggers Are Bad for Growth

by Dan Mitchell | Nov 28, 2017 | Big Government, Blogs, Government Spending, Taxation

I’ve been grousing all year that tax cuts and tax reform are jeopardized by the failure to restrain the growth of federal spending. At the start of the year, I pointed out that it would be possible to both balance the budget and approve a $3 trillion tax...
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