by Dan Mitchell | Jun 22, 2015 | Blogs, Economics
When I wrote the other day that the Organization for Economic Cooperation and Development was the worst international bureaucracy, I must have caused some envy at the International Monetary Fund. One can imagine the tax-free bureaucrats from the IMF, lounging at their...
by Dan Mitchell | Jun 21, 2015 | Big Government, Blogs, Economics, Government Spending
I suggested earlier this year that Denmark’s ratio of private sector workers compared with government dependents produced the world’s most depressing Powerpoint slide. It’s hard to be optimistic, after all, if a nation has an ever-growing number of people riding in...
by Dan Mitchell | Jun 20, 2015 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Last September, I wrote about some very disturbing 10-year projections that showed a rising burden of government spending. Those numbers were rather depressing, but a recently released long-term forecast from the Congressional Budget Office make the 10-year numbers...
by Dan Mitchell | Jun 19, 2015 | Blogs, Economics, Taxation, VAT
Our nation very much needs fundamental tax reform, so it’s welcome news that major public figures – including presidential candidates – are proposing to gut the internal revenue code and replace it with plans that collect revenue in less-destructive ways. A few months...
by Dan Mitchell | Jun 18, 2015 | Blogs, Taxation
I’m in Geneva, Switzerland, where I just gave a speech about how international bureaucracies such as the OECD are seeking to undermine tax competition in hopes that the welfare state can be propped up for a few more years with ever-higher taxes. But regular readers...