by Dan Mitchell | Oct 15, 2016 | Blogs, Taxation
A couple of days ago, I wrote about the new rankings from the World Economic Forum’s Global Competitiveness Report and noted that America’s private sector is considered world class but that our public sector ranks poorly compared to many other developed nations. To...
by Dan Mitchell | Oct 14, 2016 | Blogs, Economics, Taxation
As part of her collection of class-warfare tax proposals, Hillary Clinton wants a big increase in the death tax. This is very bad tax policy. In a good system, there shouldn’t be any double taxation of income that is saved and invested,especially since that approach...
by Dan Mitchell | Oct 13, 2016 | Big Government, Blogs
One of the most remarkable developments in the world of fiscal policy is that even left-leaning international bureaucracies are beginning to embrace spending caps as the only effective and successful rule for fiscal policy. The International Monetary Fund is infamous...
by Dan Mitchell | Oct 12, 2016 | Blogs, Crime, Financial Privacy, Society
Beginning in the 1970s and 1980s, the federal government (as well as other governments around the world) began to adopt policies based on the idea that crime could be reduced if you somehow could make it very difficult for criminals to use the money they illegally...
by Dan Mitchell | Oct 11, 2016 | Blogs, Economics
Let’s set aside the distasteful world of politics and contemplate U.S. competitiveness. Specifically, let’s examine America’s position in the latest edition of the World Economic Forum’s Global Competitiveness Report. This Report is partly a measure of policy (sort of...