by Dan Mitchell | Apr 15, 2019 | Big Government, Blogs, Economics, Taxation
There are some fortunate people (in the Cayman Islands, Bermuda, Monaco, Vanuatu, Antigua and Barbuda, and a few other places) who don’t have to pay income taxes. The United States used to be in that lucky club. The income tax did not become a permanent blight upon...
by Dan Mitchell | Apr 8, 2019 | Big Government, Blogs
I listed the collapse of Venezuela’s socialist dictatorship as one of my “hopes” for 2018. That didn’t happen, so I included the same hope in my list for 2019. But will it happen? David Asman seems very confident in this clip from a recent interview. I was a bit less...
by Dan Mitchell | Mar 29, 2019 | Big Government, Blogs, Government Spending
Let’s look at an article that combines two things – wasteful spending and Washington dishonesty – that I don’t like and which was published in The Hill. The Senate Budget Committee on Thursday approved a GOP-backed budget resolution that would allow for draconian...
by Dan Mitchell | Mar 22, 2019 | Big Government, Blogs, Government Spending
In the absence of genuine entitlement reform, the United States at some point is going to suffer from a debt crisis. But red ink is merely a symptom. I used numbers from Greece in this interview to underscore the fact that the real problem is government spending. The...
by Dan Mitchell | Mar 19, 2019 | Big Government, Blogs
I relentlessly mock socialism, in part because it’s such a target-rich environment. But I’m also hoping that humor is a way of debunking this wretched ideology. I’m worried, after all, that socialism may triumph thanks to a combination of “public choice” and...
