by Dan Mitchell | Nov 16, 2016 | Blogs, Economics, Flat Tax, Taxation
I’m a big fan of the Baltic nations of Estonia, Latvia, and Lithuania. These three countries emerged from the collapse of the Soviet Empire and they have taken advantage of their independence to become successful market-driven economies. One key to their relative...
by Dan Mitchell | Nov 15, 2016 | Big Government, Blogs, Economics, Government Spending
During the election, Donald Trump promised a big package of infrastructure spending, twice as much new spending as Hillary Clinton was proposing. During his victory speech the night of the election, he doubled down on this approach, promising that more infrastructure...
by Dan Mitchell | Nov 14, 2016 | Blogs, Economics, Supply Side, Taxation
Back in August, I acknowledged that lifestyle leftists in California won a real victory. They imposed a tax on sugary soft drinks in Berkeley and achieved a reduction in consumption. But I pointed out that their success actually was an affirmation of supply-side...
by Dan Mitchell | Nov 13, 2016 | Blogs, Economics, Supply Side, Tax Competition, Taxation
Back in 2010, I shared a cartoon video making a very important point that there’s a big downside when class-warfare politicians abuse and mistreat highly productive taxpayers. Simply stated, the geese with the golden eggs may fly away. And this isn’t just theory. As...
by Dan Mitchell | Nov 12, 2016 | Big Government, Blogs
It’s easy to define and/or understand most statist policies. We know that a tax increase is when politicians take (or, given the Laffer Curve, try to take) more of your money based on your decisions to work, save, shop, or invest. We know that protectionism is when...
