by Dan Mitchell | Aug 22, 2016 | Blogs, Economics, Taxation
If you get into the weeds of tax policy and had a contest for parts of the internal revenue code that are “boring but important,” depreciation would be at the top of the list. After all, how many people want to learn about America’s Byzantine system that imposes a...
by Dan Mitchell | Aug 21, 2016 | Big Government, Blogs, Economics, Government Spending, Taxation
I’ve been accused of making supposedly inconsistent arguments against Hillary Clinton. Make up your mind, these critics say. Is she corrupt or is she a doctrinaire leftist? I always respond with the simple observation that she’s both. Not that this should come as a...
by Dan Mitchell | Aug 20, 2016 | Big Government, Blogs
Back in 2009, I shared some academic research showing the unsavory link between lobbying expenditures and bailout cash from TARP. Just in case anybody naively thinks that such distasteful favor-swapping no longer occurs, here’s some more evidence. A column in the...
by Dan Mitchell | Aug 19, 2016 | Blogs, Economics
I’m sometimes guilty of repeating myself. I write over and over again on topics such as the flat tax and spending caps (and don’t forget my Golden Rule!), though I hope each time I bring something new to the discussion. Another issue that motivates me is the debate...
by Dan Mitchell | Aug 18, 2016 | Big Government, Blogs, Economics, Immigration, Society, Welfare and Entitlements
As a general rule, I like immigration and I don’t like redistribution. As such, I share the late Milton Friedman’s concern about the risks of having a welfare state combined with open borders. And based on many conversations all over the country, I think that’s a big...