by Dan Mitchell | Oct 11, 2015 | Uncategorized
If you look at oil-rich jurisdictions around the world, it’s easy to see why experts sometimes write about the “resource curse.” Simply stated, governments don’t have much incentive to be responsible when they can use oil as a seemingly endless source of tax revenue....
by Dan Mitchell | Oct 10, 2015 | Uncategorized
I’m happy that many of the presidential candidates are proposing big tax cuts. Bobby Jindal and Donald Trump have large tax cuts, and Jeb Bush, Rand Paul, and Marco Rubio are proposing smaller – but still significant – reductions in the federal tax burden. All of...
by Dan Mitchell | Oct 9, 2015 | Blogs, Crime, Society
I don’t necessarily blame President Obama for seeking to politicize tragic mass shootings. His actions may be a bit unseemly, but also understandable if he truly believes that disarming law-abiding people is the best way to reduce carnage. That being said, this...
by Dan Mitchell | Oct 8, 2015 | Big Government, Blogs, Government Spending, States, Taxation
Give him credit. Most elected officials are content to tinker at the edges, but Governor Jindal of Louisiana actually wants to solve problems. Look what he’s done, for instance, on fiscal policy. He sought to abolish his state’s personal income tax, a step that would...
by Dan Mitchell | Oct 7, 2015 | Big Government, Blogs
Remember the scene in Monty Python and the Search for the Holy Grail, when the Knights of the Round Table have to answer three questions before they can cross the Bridge of Death? Sir Galahad is cast into the Gorge of Eternal Peril because he changes his mind when...