by Dan Mitchell | Nov 7, 2015 | Blogs, Economics, Free Market
The communist economic system was a total disaster, but it wasn’t because of excessive taxation. Communist countries generally didn’t even have tax systems. The real problem was that communism was based on central planning, which is the notion that supposedly wise...
by Dan Mitchell | Nov 2, 2015 | Big Government, Blogs, Economics
I’ve already commented several times on the good and bad features of the Nordic Model, largely to correct the false narrative being advanced by Bernie Sanders (though I was writing on this issue well before the Vermont Senator decided to run for Chief Commissar...
by Dan Mitchell | Oct 31, 2015 | Blogs, Economics, Taxation
Last year, I wrote a column for the Wall Street Journal making the case that families would benefit more from lower tax rates rather than targeted tax credits. My argument was simple and straightforward. Child-based tax cuts are an effective way of giving targeted...
by Dan Mitchell | Oct 30, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
In my speeches, I routinely argue that an aging population is one of the reasons why we need genuine entitlement reform. A modest-sized welfare state may be feasible if a country has a “population pyramid,” I explain, but it’s a recipe for fiscal chaos when changing...
by Dan Mitchell | Oct 29, 2015 | Blogs, Economics, Taxation
The tax-reform landscape is getting crowded. Adding to the proposals put forth by other candidates (I’ve previously reviewed the plans offered by Rand Paul, Marco Rubio, Jeb Bush, Bobby Jindal, and Donald Trump), we now have a reform blueprint from Ted Cruz. Writing...