by Dan Mitchell | Aug 18, 2015 | Blogs, Tax Competition, Taxation
The United States has what is arguably the worst business tax system of any nation. That’s bad for the shareholders who own companies, and it’s also bad for workers and consumers. And it creates such a competitive disadvantagethat many U.S.-domiciled companies are...
by Dan Mitchell | Aug 16, 2015 | Blogs, Economics, Taxation
Defenders of Social Security often make a point of stating that the retirement system is a form of “social insurance” because people become eligible for benefits by paying into the system. Welfare programs, by contrast, give money to people simply as a form of income...
by Dan Mitchell | Aug 12, 2015 | Big Government, Blogs, Government Spending
I never watched That ’70s Show, but according to Wikipedia, the comedy program “addressed social issues of the 1970s.” Assuming that’s true, they need a sequel that addresses economic issues of the 1970s. And the star of the program could be the Congressional Budget...
by Dan Mitchell | Aug 11, 2015 | Big Government, Blogs, Economics, Government Spending
Let’s celebrate some good news. When politicians can be convinced (or pressured) to exercise even a modest bit of spending restraint, it’s remarkably simple to get positive results. Here’s some of what I wrote earlier this year. …one of the few recent victories for...
by Dan Mitchell | Aug 10, 2015 | Blogs, Economics, Education
Over the past few years, Hillary Clinton has taken advantage of several opportunities to demonstrate that she doesn’t understand economics. Though that’s not a problem. I have friends who routinely demonstrate their economic ignorance by saying things that don’t make...
