by Dan Mitchell | Feb 27, 2015 | Blogs, Economics, Taxation
On the issue of so-called progressive taxation, our left-wing friends have conflicting goals. Some of them want to maximize tax revenue in order to finance ever-bigger government. But others are much more motivated by a desire to punish success. They want high tax...
by Dan Mitchell | Jan 20, 2015 | Blogs, Economics, Tax Competition, Taxation
The most compelling graph I’ve ever seen was put together by Andrew Coulson at the Cato Institute. It shows that there’s been a huge increase in the size and cost of the government education bureaucracy in recent decades, but that student performance has been...
by Dan Mitchell | Jan 5, 2015 | Big Government, Blogs, Bureaucracy, Crime, Society
According to Gallup, Americans now identify “government” as the most important problem facing the United States. That doesn’t surprise. Gallup also found last year that big government is considered a far greater danger to the nation that big business or big labor....
by Dan Mitchell | Jan 2, 2015 | Blogs, Economics, Laffer Curve, Taxation
Barack Obama and the rest of the class-warfare crowd act as if “tax the rich” is an appropriate answer to every question about fiscal policy. I’m not joking. Here are some of the President’s main tax hikes that have been enacted or proposed. Obama imposed higher...
by Dan Mitchell | Nov 13, 2014 | Blogs, Economics, Taxation
I don’t pretend that tax reform, by itself, will create economic Nirvana. After all, the experts who measure economic policy and economic performance say that only about 20 percent of a nation’s prosperity is determined by fiscal policy. Nonetheless, I’m a big fan of...