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Here’s Why the Cayman Islands Is Considering Fiscal Suicide

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...

California’s Fiscal Policy and the Lesson of Humpty Dumpty

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...

On Reason TV, Andrew Ferguson Discusses the Parasite Economy of Washington, DC

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,...

Contract for Buffalo Teachers Shows the Wrong Way of Cutting Excess Bureaucratic Blubber

by Dan Mitchell | Jun 3, 2012 | Big Government, Blogs, Economics, Education, Government Waste

Government bureaucrats are significantly overpaid compared to folks in the productive sector of the economy. So you would think I’d support cuts, especially the kind that get rid of excess blubber in the government workforce. But not when it means higher costs for...

Taxpayers get Screwed to Finance a $537,767-Per-Year Bureaucrat

by Dan Mitchell | Apr 7, 2012 | Big Government, Blogs, Bureaucracy

I’ve reported some horror stories about bureaucrats ripping off taxpayers with lavish compensation packages, including: The chief bureaucrat of a low-income California city getting almost $800,000 per year. Cops in Oakland getting average compensation of $188,000. A...
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