by Dan Mitchell | Jul 19, 2017 | Blogs, Tax Competition, Taxation
I don’t like the income tax that’s been imposed by our overlords in Washington. Indeed, I’ve speculated whether October 3 is the worst day of the year because that’s the date when the Revenue Act of 1913 was signed into law. I don’t like state income taxes, either....
by Dan Mitchell | Jul 18, 2017 | Big Government, Blogs
Since it is the single-largest government program, not only in the United States but also the entire world, it’s remarkable that Social Security isn’t getting much attention from fiscal policy wonks. Sure, Obamacare is a more newsworthy issue because of the...
by Dan Mitchell | Jul 17, 2017 | Big Government, Blogs, Government Spending
I wrote yesterday about a very depressing development in the United Kingdom. Politicians in that country – including some supposed fiscal conservatives – are contemplating a big expansion in the burden of government spending in order to give pay hikes to the...
by Dan Mitchell | Jul 16, 2017 | Big Government, Blogs, Government Spending
One of my favorite charts shows how nations achieve great results when they engage in multi-year periods of spending restraint. The most important benefit is that the burden of government shrinks relative to the private sector, but it’s also worth noting that...
by Dan Mitchell | Jul 15, 2017 | Blogs, Tax Competition, Taxation
As a general rule, the International Monetary Fund is a statist organization. Which shouldn’t be too surprising since its key “shareholders” are the world’s major governments. And when you realize who controls the purse strings, it’s no surprise to learn that the...
