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The Uncertainty Induced Failure of Obamanomics

by Brian Garst | Jul 1, 2010 | Big Government, Blogs, Economic Growth, Taxation

Allan Meltzer has an opinion piece in the Wall Street Journal explaining the failures of Obamanomics. One of the causes he identifies is the high level of uncertainty surrounding tax rates and regulatory policy under this administration.  Such uncertainty is the enemy...

Robert Samuelson’s Unintentional Case for Austrian Economics

by Dan Mitchell | Jun 28, 2010 | Big Government, Blogs, Economic Growth, Taxation

In his Washington Post column discussing a crisis of confidence among economists, Robert Samuelson correctly notes that Keynesians don’t seem to have the right answers. But he concludes that other schools of thought are similarly befuddled by current...

A Totalitarian Future for Europe?

by Dan Mitchell | Jun 22, 2010 | Big Government, Blogs, Europe, Taxation

I don’t often agree with the statist president of the European Commission, but Mr. Barroso may be right when he warns that some nations are at risk of descending back into dictatorship. But while he may be correct in his diagnosis, his proposed solution is more...

Russia Getting Rid of Capital Gains Tax

by Dan Mitchell | Jun 21, 2010 | Blogs, Capital Gains, Economic Growth, Europe, Tax Competition, Taxation

The former communists running Russia apparently understand tax policy better than the buffoons in charge of U.S. tax policy. Not only does Russia have a 13 percent flat tax, but the government has just announced it will eliminate the capital gains tax (which...

Anti-Tax Competition Schemes by High-Tax Nations Will Expand the Underground Economy

by Dan Mitchell | Jun 20, 2010 | Blogs, Economic Growth, Tax Competition

Regular readers know that I am a big supporter of international tax competition as a mechanism to limit the greed of the political elite. Unfortunately, the statists are having some success in their efforts to undermine the fiscal sovereignty of low-tax jurisdictions....
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