In the private sector, no business owner would be dumb enough to assume that higher prices automatically translate into proportionately higher revenues. If McDonald’s boosted hamburger prices by 30 percent, for instance, the experts at the company would fully expect…
Dan Mitchell
Daniel J. Mitchell is the President of the Center for Freedom and Prosperity and the Center for Freedom and Prosperity Foundation. Dr. Mitchell advocates limited government and fundamental tax reform, and is the nation’s leading opponent of tax harmonization schemes developed by the Brussels-based European Union, the Paris-based Organization for Economic Cooperation and Development (OECD), and the United Nations.
In addition to fiscal policy, Dr. Mitchell is a trenchant observer of economic developments and an expert on Social Security reform – particularly the fiscal policy impact of reform and what the US can learn from other nations that have created personal retirement accounts.
Higher Tax Rates on the Rich Will Backfire
I know I’ve beaten this drum several times before, but the Wall Street Journal today has a very good explanation of why class-warfare tax policy will backfire. The Journal’s editorial focuses on what happened after the 2003 tax rate reductions. And below the excerpt,…
Fighting Class Warfare in a Debate with a CAP Statist
Two things struck me about this debate. First, the guy from the Center for American Progress was either clueless or dishonest about double taxation. Second, nobody seems to understand that balancing the budget is a simple matter of restraining the growth of government…
Gross Abuse of Police Power
Here’s a very disturbing story I saw on Instapundit. A cop arrested a woman for the supposed crime of not getting off her own front porch. Apparently, the cop didn’t like the fact that she was observing – and perhaps even filming on her cell phone camera – a traffic…
Great Moments in Local Government
Here’s another remarkable story illustrating the incompetence of government. A bureaucrat in Norfolk, VA, got paid for 12 years (including benefits) without ever showing up for work. Depending on the agency, this may actually have been a good thing (I wish IRS…
A Strange Debate on CNBC
I think I did okay in this debate, but my opponent wanted me to defend Bush and didn’t seem to get my point that I don’t like big-spending interventionists, regardless of whether they have a D or R after their names.
Time to Shut Down the Congressional Budget Office?
One of the many disappointing things about Republicans is that they fail to correct problems when they get power. After the 1994 “Gingrich Revolution,” the GOP had complete control of Capitol Hill. This meant complete authority over the Congressional Budget Office…
Another Shot Across the RINO Bow
I thought it was shocking when Senator Bennett of Utah was denied renomination, but I’m even more stunned that Senator Murkowski of Alaska is trailing her opponent in preliminary results from Tuesday’s primary. As the Wall Street Journal explained in an editorial this…
I Support the Democratic President’s Tax Policy
Unfortunately, I’m not talking about President Obama, though the current occupant of the White House could learn a lot from a previous Democratic President.
Obama Should Listen to John Stossel if He Wants to Get Reelected
One of the main factors determining incumbent election success is economic performance. When disposable income is rising and people feel good about the future, it is difficult for an incumbent to lose. So why, then, is Obama pursuing policies that are undermining…