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Excellent Defense of Supply-Side Economics

by Dan Mitchell | May 22, 2010 | Blogs, Economic Growth, Free Market, Taxation, Uncategorized

I recently posted favorable comments about a National Review article that made two important points about fiscal policy and supply-side economics. First, the article reminded “supply siders” that the burden of government spending is very important (and...

Encouraging Polling Numbers

by Dan Mitchell | May 12, 2010 | Blogs, Economic Growth, Taxation, Uncategorized

I realize that public opinion polls are quirky and that answers often depend on how questions are phrased. Nonetheless, these results seem very strong.  As reported on the Bankrupting America website, there is more than three-to-one opposition against a value-added...

The Next Step for Supply-Side Economics

by Dan Mitchell | May 7, 2010 | Big Government, Blogs, Economic Growth, Taxation, Uncategorized

Kevin Williamson has a long-overdue piece in National Review making two essential points about supply-side economics and the Laffer Curve. First, he explains that tax cuts are not the fiscal equivalent of a perpetual motion machine. Simply stated, too many Republicans...

Wall Street Journal Savages Greek Bailout

by Dan Mitchell | May 7, 2010 | Big Government, Blogs, Uncategorized

I always appreciate a column that sounds like I could have been the author, and this editorial from the WSJ hits the mark. The IMF/EU bailout is just masking the problems of a bloated welfare state and giving politicians some breathing room to avoid making the real...

Greece’s Problem Is High Tax Rates, not Tax Evasion

by Dan Mitchell | May 6, 2010 | Big Government, Blogs, Europe, Tax Competition, Taxation, Uncategorized

The New York Times has an article describing widespread tax evasion in Greece, along with an implication that the country’s fiscal crisis is largely the result of unpaid taxes and could be mostly solved if taxpayers were more obedient to the state. This is an...
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