by Dan Mitchell | Apr 3, 2015 | Blogs, Economics, Taxation
I’m not a fan of the IRS or it’s Commissioner, a partisan Democrat named John Koskinen. The agency has become politicized, interfering with America’s political process. Needless to say, I’m not shedding tears that the bureaucracy is no longer getting big budget...
by Dan Mitchell | Apr 2, 2015 | Blogs, Society
When describing their view of government and public policy, libertarians and constitutional conservatives sometimes use a variation of this phrase: “Not everything that’s illegal is immoral, and not everything that’s immoral should be illegal.” To put this in tangible...
by Dan Mitchell | Apr 1, 2015 | Big Government, Blogs, Economics, Government Spending
It’s amazingly simple to reduce the burden of government spending. Policy makers simply need to impose some modest spending restraint so that government doesn’t grow faster than the economy’s productive sector. In a display of humility that can only be found in...
by Dan Mitchell | Mar 31, 2015 | Blogs, Economics, Taxation, VAT
I warned just last week about the dangers of letting politicians impose a value-added tax. Simply stated, unless the 16th Amendment is repealed and replaced with a new provision forever barring the re-imposition of any taxes on income, a VAT inevitably would be a new...
by Dan Mitchell | Mar 30, 2015 | Blogs, Economics, Free Market
There’s a “convergence” theory in economics that suggests, over time, that “poor nations should catch up with rich nations.” But in the real world, that seems to be the exception rather than the rule. There’s an interesting and informative article at the St. Louis...
