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...
by Dan Mitchell | Jun 17, 2015 | Blogs, Economics
What’s the worst international bureaucracy? There’s certainly a strong argument the International Monetary Fund deserves that award. I’ve even referred to the IMF as the Dr. Kevorkian of the world economy. The United Nations also could claim the award since it wastes...
by Dan Mitchell | Jun 16, 2015 | Blogs, Economics, Free Market
The proper view on inequality is that it doesn’t matter. That assumes, of course, that people are earning their income honestly rather than via government-enabled cronyism. To elaborate, some people will become rich in a system of honest and competitive markets, but...
by Dan Mitchell | Jun 14, 2015 | Big Government, Blogs, Economics, Tax Competition, Taxation, Welfare and Entitlements
One would think that Europeans might finally be realizing that an ever-growing welfare state and an ever-rising tax burden are a form of economic suicide. The most obvious bit of evidence is to look at what’s happening in Greece. Simply stated, public policy for too...
