by Dan Mitchell | Mar 4, 2014 | Big Government, Blogs, Government Spending, Government Waste
The President’s new budget has been unveiled. There are lots of provisions that deserve detailed attention, but I always look first at the overall trends. Most specifically, I want to see what’s happening with the burden of government spending. And you probably won’t...
by Dan Mitchell | Feb 8, 2014 | Blogs, Economics, Laffer Curve, Taxation
My main goal for fiscal policy is shrinking the size and scope of the federal government and lowering the burden of government spending. But I’m also motivated by a desire for better tax policy, which means lower tax rates, less double taxation, and fewer corrupting...
by Dan Mitchell | Feb 4, 2014 | Blogs, Taxation
Why do statists support higher tax rates? The most obvious answer is greed. In other words, leftists want more tax money since they personally benefit when there’s a larger burden of government spending. And the greed can take many forms. They may want bigger...
by Dan Mitchell | Jan 26, 2014 | Big Government, Blogs
If you want to know why the left is wrong about income inequality, you need to watch this Margaret Thatcher video. In just a few minutes, the “Iron Lady” explains how some – perhaps most – statists would be willing to reduce income for the poor if they could impose...
by Dan Mitchell | Dec 9, 2013 | Blogs, Capital Gains, Economics, Taxation
Back in the 1960s, Clint Eastwood starred in a movie entitled The Good, the Bad and the Ugly. I was thinking that might be a good title for today’s post about some new research by Michelle Harding, a tax economist for the OECD. But then I realized that her study on...
