by Dan Mitchell | May 21, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
The American Enterprise Institute has published a comprehensive budgetary plan entitled, “Tax and spending reform for fiscal stability and economic growth.” Authored by Joseph Antos, Andrew G. Biggs, Alex Brill, and Alan D. Viard, all of whom I know and admire, this...
by Dan Mitchell | May 20, 2015 | Blogs, Economics, Flat Tax, Taxation
In my ultimate fantasy world, Washington wouldn’t need any sort of broad-based tax because we succeeded in shrinking the federal government back to the very limited size and scope envisioned by our Founding Fathers. In my more realistic fantasy world, we might not be...
by Dan Mitchell | Apr 14, 2015 | Blogs, Economics, Taxation
With so many Americans currently filled with anxiety about their annual tax forms, this is the time of year that many people wistfully dream about how nice it would be to have a simple and fair flat tax. Unfortunately, there are many obstacles to better tax policy....
by Dan Mitchell | Mar 4, 2015 | Blogs, Economics, Taxation
In my 2012 primer on fundamental tax reform, I explained that the three biggest warts in the current system. High tax rates that penalize productive behavior. Pervasive double taxation that discourages saving and investment. Corrupt loopholes and cronyism that bribe...
by Dan Mitchell | Feb 11, 2015 | Blogs, Economics, Taxation
Last week, I shared a TV interview about Obama’s budget, but much of the discussion was routine and didn’t warrant special attention. But there was one small part of the interview, dealing with the silly claim that America became a rich nation because of socialism,...
