by Dan Mitchell | Apr 28, 2016 | Big Government, Blogs, Economics, Government Spending, Tax Competition, Taxation
There’s a very powerful statement, variously attributed to Alexis de Toqueville, Benjamin Franklin, or Alexander Tytler, that basically warns that democracy is doomed when people figure out they can vote themselves money. There’s no evidence that any of them actually...
by Dan Mitchell | Apr 27, 2016 | Blogs, Tax Havens, Taxation
What do left-wing firebrand Congressman Alan Grayson, Treasury Secretary Jacob Lew, Obama’s top trade negotiator Michael Froman, liberal financier Donald Sussman, and big-money Democratic donor Tom Steyer all have in common? The answer is that they all engage in tax...
by Dan Mitchell | Apr 26, 2016 | Blogs, States, Taxation
Just like with nations, there are many factors that determine whether a state is hindering or enabling economic growth. But I’m very drawn to one variable, which is whether there’s a state income tax. If the answer is no, then it’s quite likely that it will enjoy...
by Dan Mitchell | Apr 25, 2016 | Big Government, Blogs, Economics, Health Care
The ongoing cluster-you-know-what of Obamacare is a source of unhappy satisfaction. Part of me is glad the law is such a failure, but it’s tragic that millions of people aresuffering adverse consequences. These are folks who did nothing wrong, but now are paying more,...
by Dan Mitchell | Apr 24, 2016 | Big Government, Blogs, Economics, Government Spending
As a general rule, I’m not overly concerned about debt, even when looking at government red ink. I don’t like deficit and debt, to be sure, but government borrowing should be seen as the symptom. The real problem is excessive government spending. This is one of the...
