by Dan Mitchell | Aug 26, 2012 | Big Government, Blogs, Tax Harmonization, Taxation
Like Sweden and Denmark, Germany is a semi-rational welfare state. It generally relies on a market-oriented approach in areas other than fiscal policy, and it avoided the Keynesian excesses that caused additional misery and red ink in America (though it is far from...
by Dan Mitchell | Jul 31, 2012 | Big Government, Blogs, Government Spending, Taxation
What Do Greece, the United States, and the Cayman Islands Have in Common? At first, this seems like a trick question. After all, the Cayman Islands are a fiscal paradise, with no personal income tax, no corporate income tax, no capital gains tax, and no death tax. By...
by Dan Mitchell | Jul 26, 2012 | Big Government, Blogs, Regulations
President Obama recently got himself in a bit of hot water with his “you didn’t build that” remark, which trivialized the hard work of entrepreneurs. But he is right – in a perverse way – about government playing a big role in the life of small businesses. Thanks to a...
by Dan Mitchell | Jul 1, 2012 | Big Government, Blogs, Bureaucracy, Government Spending
I’ve almost exhausted my interest in California’s suicidal fiscal policy. How many times, after all, can you write about politicians over-taxing and over-spending to the point of economic ruin? But everyone has a cross to bear in life, and (if you allow me to mix my...
by Dan Mitchell | Jun 25, 2012 | Big Government, Blogs, Bureaucracy
Back in February, I posted this startling map showing that 10 of America’s 15-richest counties are the bedroom communities surrounding Washington, DC. There’s a lot of money in Washington because federal bureaucrats are wildly overpaid, as I document in this video,...
