by Dan Mitchell | Sep 17, 2012 | Big Government, Blogs
I don’t like coercive redistribution. But I really hate redistribution from ordinary people to rich and powerful vested interests, and I even developed an “ethical bleeding heart” rule to express my disdain for this approach. Especially since programs that...
by Dan Mitchell | Sep 13, 2012 | Blogs, Europe, Tax Competition, Taxation
Ayn Rand’s famous novel, Atlas Shrugged, tells the story of what happens when society’s most productive people go on strike because they don’t want to subsidize the looters and moochers. I won’t give away the plot, but one interesting twist in the story is when...
by Dan Mitchell | Aug 31, 2012 | Big Government, Blogs, Economics, Laffer Curve, Taxation
If you live in America and believe in free markets and small government, it’s easy to get depressed. We suffered through eight years of wasteful spending and misguided intervention under Bush, and now we’re enduring four years of additional spending and red tape under...
by Dan Mitchell | Aug 10, 2012 | Big Government, Blogs, Taxation
While I disagree with statists, I sometimes admire their discipline. They are very good at staying “on message.” I am 100 percent confident, for instance, that they intend big tax hikes on the middle class, even though they would piously swear an oath to the contrary....
by Dan Mitchell | Aug 6, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
I almost feel sorry for the ideologues and partisan hacks who feel obliged to defends Obama’s miserable economic performance. Keynesian spending policies and class-warfare tax policies have produced dismal economic performance, with unemployment stuck above 8 percent...