by Dan Mitchell | Oct 27, 2019 | Big Government, Blogs, Taxation
In a column last week, I noted that Connecticut ranked near the bottom for state tax policy. And if there was a contest for which state has gone downhill at the fastest pace, the Nutmeg State would likely prevail. Less than 30 years ago, the state was reasonably...
by Dan Mitchell | Oct 22, 2019 | Big Government, Blogs, Government Spending, Taxation
While he’s not as outwardly radical as Elizabeth Warren, Bernie Sanders, and Kamala Harris, Andrew Yang has joined together two very bad ideas – universal handouts and a value-added tax. Needless to say, I was not overflowing with praise when asked to comment. At the...
by Dan Mitchell | Oct 6, 2019 | Big Government, Blogs
I’ve opined that statist policies harm young people. I also shared this video explaining why big government is bad for millennials and the Gen-Z crowd. This should be a slam-dunk issue. After all, don’t they know how the communist world collapsed? Aren’t they aware of...
by Dan Mitchell | Sep 25, 2019 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Social Security is projected to consume an ever-larger share of America’s national income, mostly thanks to an aging population. Indeed, demographic change is why the program is bankrupt, with an inflation-adjusted cash-flow deficit of more than $42 trillion. Yet...
by Dan Mitchell | Sep 22, 2019 | Big Government, Blogs, Economics, Government Spending, Taxation
The International Monetary Fund is infamous for its advocacy of higher taxes. Heck, it’s not merely advocacy. The international bureaucracy uses bailout money as a tool to coerce politicians into approving higher tax burdens. This is so reprehensible that I’ve...
