by Dan Mitchell | Oct 21, 2012 | Blogs, Taxation
Obama has repeated once again that he will throw the nation off the fiscal cliff if Republicans don’t capitulate to his demands for class-warfare tax hikes. This is a serious topic worthy of weighty analysis, but I don’t really have anything to add to what I’ve...
by Dan Mitchell | Oct 10, 2012 | Big Government, Blogs, Government Spending, States, Tax Competition, Taxation
I periodically mock the crazy statists of California. The state is almost surely doomed to suffer a Greek-style fiscal chaos. The only unknown is whether Illinois will beat the Golden State into default. The politicians in Sacramento impose very high taxes to fund a...
by Dan Mitchell | Oct 2, 2012 | Big Government, Blogs, Economics, Laffer Curve, Taxation
I try to be self aware, so I realize that I have the fiscal version of Tourette’s. Regardless of the question that is asked, I’m tempted to blurt out that the answer is to reduce the burden of government spending. But sometimes that’s exactly the right prescription,...
by Dan Mitchell | Sep 23, 2012 | Blogs, Capital Gains, Economics, Laffer Curve, Taxation
One of the principles of good tax policy and fundamental tax reform is that there should be no double taxation of income that is saved and invested. Such a policy promotes current consumption at the expense of future consumption, which is simply an econo-geek way of...
by Dan Mitchell | Sep 20, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
Even though I have remarked on many occasions that the burden of government was reduced during the Clinton years, that doesn’t mean Bill Clinton was in favor of smaller government. And it definitely doesn’t mean that his appointees believed in economic liberty....
