by Dan Mitchell | Apr 14, 2011 | Big Government, Blogs, Economics, Taxation
President Obama didn’t offer a budget plan yesterday. The White House hasn’t released anything beyond a set of talking points. But that’s not terribly surprising since his speech was really the opening salvo of his 2012 reelection fight. And it’s clear that a central...
by Dan Mitchell | Apr 13, 2011 | Big Government, Blogs, Government Spending, Taxation
Responding to widespread criticism of his AWOL status on the budget fight, President Obama today unveiled a fiscal plan. It already is being criticized for its class warfare approach to tax policy, but the most disturbing feature may be a provision that punishes the...
by CF&P | Apr 3, 2011 | Blogs, Economics, Laffer Curve, Taxation
A new study from the Adam Smith Institute in the United Kingdom provides overwhelming evidence that class-warfare tax policy is grossly misguided and self-destructive. The authors examine the likely impact of the 10-percentage point increase in the top income tax...
by Dan Mitchell | Mar 15, 2011 | Blogs, Taxation
I posted yesterday about the horrible unfairness of life (i.e., I’m not rich). Interestingly, there are a number of rich left-wingers that feel guilty about having a lot of money. In a burst of genius, I came up with an idea that will kill two birds with one stone....
by Dan Mitchell | Feb 15, 2011 | Big Government, Blogs, Government Spending, Taxation
I looked yesterday at the spending side of Obama’s budget and found some good news and bad news. The good news was the absence of any big new initiative to expand the burden of government. That’s a welcome relief since the past couple of years have featured budget...
