by Dan Mitchell | Jun 20, 2015 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Last September, I wrote about some very disturbing 10-year projections that showed a rising burden of government spending. Those numbers were rather depressing, but a recently released long-term forecast from the Congressional Budget Office make the 10-year numbers...
by Dan Mitchell | Jun 19, 2015 | Blogs, Economics, Taxation, VAT
Our nation very much needs fundamental tax reform, so it’s welcome news that major public figures – including presidential candidates – are proposing to gut the internal revenue code and replace it with plans that collect revenue in less-destructive ways. A few months...
by Dan Mitchell | Jun 18, 2015 | Blogs, Taxation
I’m in Geneva, Switzerland, where I just gave a speech about how international bureaucracies such as the OECD are seeking to undermine tax competition in hopes that the welfare state can be propped up for a few more years with ever-higher taxes. But regular readers...
by Dan Mitchell | Jun 17, 2015 | Blogs, Economics
What’s the worst international bureaucracy? There’s certainly a strong argument the International Monetary Fund deserves that award. I’ve even referred to the IMF as the Dr. Kevorkian of the world economy. The United Nations also could claim the award since it wastes...
by Dan Mitchell | Jun 16, 2015 | Blogs, Economics, Free Market
The proper view on inequality is that it doesn’t matter. That assumes, of course, that people are earning their income honestly rather than via government-enabled cronyism. To elaborate, some people will become rich in a system of honest and competitive markets, but...
