by Dan Mitchell | Jan 30, 2024 | Blogs, Taxation, VAT
I wrote 10 days ago about why a value-added tax would be a mistake for the United States. To help reinforce that argument, here’s a new map from the Tax Foundation showing VAT rates on the other side of the Atlantic Ocean. With a few exceptions...
by Dan Mitchell | Jan 26, 2024 | Big Government, Blogs, Bureaucracy, Government Waste
My “everything you need to know” columns have a common theme of highlighting stark examples to make broader points. China’s economic policies are misguided The USA is out-performing Europe People respond to tax incentives California has remarkably bad governance...
by Dan Mitchell | Jan 10, 2024 | Big Government, Blogs, Government Spending
Back in 2022, I criticized President Biden because all of his major initiatives were increasing the burden of government spending. And it’s gotten worse since that column. Here’s a partial list of government expansions during the Biden years....
by Dan Mitchell | Dec 26, 2023 | Big Government, Blogs
Writing about the economic tragedy of Argentina, I’ve explained that one major problem is inflation, thanks to that country’s version of “modern monetary theory.” This is not a trivial problem. Here’s a chart, from a recent...
by Dan Mitchell | Dec 10, 2023 | Big Government, Blogs, Government Spending
My trip to Argentina last year motivated me to write Part I of this series, which focused on whether things might get better in that tragic country for the simple reason that they couldn’t possibly get any worse. In Part II of...