Dan Mitchell recently appeared on MSNBC to explain why we should not be surprised to learn that more than $9 million dollars in home buyer tax credits were given to prison inmates who were clearly not new home owners. This kind of waste is to be expected when…
Daily Analysis
The Tax Man Wants His Cut
As if the residents of the Gulf Coast haven’t had it hard enough, the IRS is moving in to make sure they get their cut of any payouts from BP. These government bureaucrats even have the chutzpah to pretend that their actions are benevolent and beneficial on the…
Dan Mitchell Gets Results
I gave a speech in Hungary about two weeks ago and now the government has announced a big step in the direction of better fiscal policy. According to Reuters, “Hungary’s new government plans to introduce a flat personal income tax of 16 percent from 2011,…
Is the FairTax Political Poison?
I have a question for my friends who support a national sales tax. First, some background. Beginning with the defeat of Woody Jenkins in his Louisiana Senate race back in the 1990s, various versions of the national sales tax have caused political headaches for GOP…