by Dan Mitchell | Jan 16, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
Good fiscal policy doesn’t require heavy lifting. Governments simply need to limit the burden of government spending. The key variable is making sure spending doesn’t consume ever-larger shares of economic output. In other words, follow Mitchell’s Golden Rule. It’s...
by Dan Mitchell | Jan 7, 2013 | Blogs, Taxation
Just before the end of the year, I shared some fascinating research about people dying quicker or living longer when there are changes in the death tax. Sort of the ultimate Laffer Curve response, particularly if it’s the former. But the more serious point is that the...
by Dan Mitchell | Jan 1, 2013 | Blogs, Economics, Europe, Taxation
Back in mid-2010, I wrote that Portugal was going to exacerbate its fiscal problems by raising taxes. Needless to say, I was right. Not that this required any special insight. After all, no nation has ever taxed its way to prosperity. We’re now at the end of 2012 and...
by Dan Mitchell | Dec 31, 2012 | Blogs, Economics, Laffer Curve, Taxation
Back in September, I shared a very good primer on the capital gains tax from the folks at the Wall Street Journal, which explained why this form of double taxation is so destructive. I also posted some very good analysis from John Goodman about the issue....
by Dan Mitchell | Dec 30, 2012 | Blogs, Economics, Taxation
In some ways, it would be fun to be a leftist. No, I’m not talking about living a life of idleness and letting others pay my bills, though I suppose that’s tempting to some people. And I’m not talking about becoming a Washington insider and using corrupt connections...
