by Dan Mitchell | Feb 22, 2018 | Blogs, Economics, Free Market
I wrote three days ago about the worst-international-bureaucracy contest between the International Monetary Fund and the Organization for Economic Cooperation and Development. A reader emailed to ask me whether I had a favorite international bureaucracy. I confess...
by Dan Mitchell | Feb 9, 2018 | Big Government, Blogs, Economics, Government Spending
The biggest victory for taxpayers during the Obama years was the Budget Control Act in 2011, which imposed sequester-enforced caps on discretionary spending. Indeed, that legislation was then followed by a sequester in early 2013, which was a stinging defeat for Obama...
by Dan Mitchell | Feb 8, 2018 | Blogs, Economics, Taxation
I strongly applauded the tax reform plan that was enacted in December, especially the lower corporate tax rate and the limit on the deduction for state and local taxes. But I’m not satisfied. Our long-run goal should be fundamental tax reform. And that means replacing...
by Dan Mitchell | Feb 7, 2018 | Blogs, Economics
On the one-year anniversary of his inauguration, I graded Trump’s overall record on economic policy and specifically observed that his trade rhetoric was worse than his trade policy. But I added a caveat about the North American Free Trade Agreement. …he’s been doing...
by Dan Mitchell | Jan 29, 2018 | Blogs, Economics, Taxation
Judged by the amount of attention various provisions produced, last year’s fight over tax reform was about reducing the corporate tax rate and limiting the deduction for state and local taxes. But there were many other important changes, including a a big increase in...