by Dan Mitchell | Jul 29, 2012 | Blogs, Economics, Tax Competition, Taxation
Considering that every economic theory agrees that living standards and worker compensation are closely correlated with the amount of capital in an economy (this picture is a compelling illustration of the relationship), one would think that politicians – particularly...
by Dan Mitchell | Jul 21, 2012 | Blogs, Economics, Taxation
Mitt Romney is being criticized for supporting “territorial taxation,” which is the common-sense notion that each nation gets to control the taxation of economic activity inside its borders. While promoting his own class-warfare agenda, President Obama recently...
by Dan Mitchell | May 29, 2012 | Big Government, Blogs, Government Spending, Tax Competition, Taxation
The fiscal nightmare in Europe should be all the proof that’s needed about the dangers of wasteful spending and punitive tax rates. Unfortunately, if his proposals for bigger government and class-warfare tax policy are any indication, President Obama still seems to...
by Dan Mitchell | May 25, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
It seems I was put on the planet to educate people about the negative economic impact of excessive government. Though I must be doing a bad job because the burden of the public sector keeps rising. But hope springs eternal. To help make the case, I’ve cited research...
by Dan Mitchell | May 16, 2012 | Blogs, Taxation
Putting Republicans in charge is never a guarantee of good public policy. It was during the Bush years, for instance, that the nation was saddled with a prescription drug entitlement. The GOPers in the White House and on Capitol Hill also recklessly increased the...