by Dan Mitchell | Dec 2, 2017 | Big Government, Blogs, Government Spending, Taxation
Since the House has passed a tax cut and the Senate has passed a tax cut, it’s quite likely that there will be a consensus deal that will be signed into law. Which makes me happy since any agreement presumably will include a lower corporate tax rate and...
by Dan Mitchell | Nov 17, 2017 | Blogs, Economics, Taxation
Left-wing columnists at the Washington Post have hit upon a theme. In late October, Ruth Marcus wrote a column asserting that tax cuts are “dangerous.” I explained why her argument was nonsensical, but that clearly didn’t have any impact since Robert Rubin has a new...
by Dan Mitchell | Nov 3, 2017 | Blogs, Taxation
The swamp is pulsating with excitement. For the lobbying community, tax reform is like Christmas. No matter what happens, they win because of lucrative retainers and fat contracts. And what about libertarian policy wonks? What do we get? Well, we look at the...
by Dan Mitchell | Oct 28, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’ve responded to all sorts of arguments against lower taxes. Tax cuts are “unfair” because rich people will benefit. Tax cuts are wrong because revenue should be going up, not down. Tax cuts are pointless because the economy won’t grow faster. Tax cuts are misguided...
by Dan Mitchell | Jul 18, 2017 | Big Government, Blogs
Since it is the single-largest government program, not only in the United States but also the entire world, it’s remarkable that Social Security isn’t getting much attention from fiscal policy wonks. Sure, Obamacare is a more newsworthy issue because of the...