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New Census Bureau Report on Income and Poverty Is a Damning Indictment of Obamanomics

New Census Bureau Report on Income and Poverty Is a Damning Indictment of Obamanomics

by Dan Mitchell | Sep 17, 2015 | Big Government, Blogs, Economics

As a libertarian, I sometimes make the moral argument for small government. If it’s wrong to steal other people’s income or property, then shouldn’t it also be wrong to use the coercive power of government to take their income or property? Defenders of the welfare...
America’s Unfortunate Loss of Economic Liberty in the 21st Century

America’s Unfortunate Loss of Economic Liberty in the 21st Century

by Dan Mitchell | Sep 16, 2015 | Blogs, Economics, Free Market

Last month, I cited data from Economic Freedom of the World to explain that the United States was becoming less competitive because of creeping protectionism and reductions in the rule of law and property rights. Now I have more bad news to share. Last year, the...
Fiscal Policy, Tax Cuts, and “Voodoo Economics”

Fiscal Policy, Tax Cuts, and “Voodoo Economics”

by Dan Mitchell | Sep 15, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation

Is “supply-side economics” a bad thing or good thing? It depends on what one means by the phrase. If it means that all tax cuts are self financing or that low tax burdens are the sole key to prosperity, then critics are right about it being a form of “voodoo...

Fiscal Policy, Tax Cuts, and “Voodoo Economics”

by Dan Mitchell | Sep 14, 2015 | Big Government, Blogs, Government Spending, Taxation

Is “supply-side economics” a bad thing or good thing? It depends on what one means by the phrase. If it means that all tax cuts are self financing or that low tax burdens are the sole key to prosperity, then critics are right about it being a form of “voodoo...

Assessing Jeb Bush’s Pro-Growth Tax Plan

by Dan Mitchell | Sep 10, 2015 | Blogs, Education, Taxation

In my 2012 primer on fundamental tax reform, I highlighted the three biggest warts in the current system. 1. High tax rates that penalize productive behavior such as work and entrepreneurship. 2. Pervasive double taxation that undermines saving and investment. 3....
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