by Dan Mitchell | Jan 4, 2018 | Big Government, Blogs, Economics, Regulations
I was not optimistic about a Trump presidency. Before the 2016 election, I characterized him as a “statist” and a “typical big-government Republican.” I’ve also criticized his policies on entitlements, trade, child care, capital gains taxation, government spending,...
by Dan Mitchell | Dec 21, 2017 | Blogs, Economics, Taxation
Now that we have a final bill rather than a mere “agreement in principle,” let’s step back and consider some implications of tax reform. There are three reasons to be pleased and one reason to worry. Win: Less-destructive federal tax code There are several provisions...
by Dan Mitchell | Dec 15, 2017 | Blogs, Economics, Taxation
Adopting tax reform (even a watered-down version of tax reform) is not easy. Some critics say it will deprive the federal government of too much money (a strange argument since it will be a net tax increase starting in 2027). Some critics say it will make it more...
by Dan Mitchell | Dec 11, 2017 | Big Government, Blogs, Economics, Government Spending
Whenever I discuss education policy with one of my leftist friends, it usually follows the same script. They’ll ask whether I want good education for kids. I’ll say yes. They’ll then say we should devote more money to government schools. I then show them this powerful...
by Dan Mitchell | Dec 10, 2017 | Blogs, Economics, Taxation
Both the House and Senate have approved reasonably good tax reform plans. Lawmakers are now in a “conference committee” to iron out the differences between the two bills so that a consensus package can be a approved and sent to the White House for the President’s...
