by Dan Mitchell | Feb 5, 2015 | Blogs, Economics, Tax Competition, Taxation
I’m a relentless (probably to the point of being annoying) proponent of tax competition among jurisdictions. It’s one of the reasons why I favor tax havens and federalism. Simply stated, politicians are less likely to do bad things when they know economic activity can...
by Dan Mitchell | Feb 2, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation
The President today released his budget for fiscal year 2016, a document that also shows what will happen to taxes, spending, and red ink over the next 10 years if the White House’s budget is adopted. Here are the four things that deserve critical attention. 1. Obama...
by Dan Mitchell | Feb 1, 2015 | Big Government, Blogs, Government Spending, Tax Competition, Tax Havens, Taxation
If nothing else, our leftist friends deserve credit for chutzpah. All around the world, we see concrete evidence that big government leads to stagnation and decay, yet statists repeatedly argue that further expansions in taxes and spending will be good for growth....
by Dan Mitchell | Jan 30, 2015 | Big Government, Blogs, Economics, Government Waste
I’ve periodically cited the great 19th-century French economist, Frederic Bastiat, for his very wise words about the importance of looking at both the seen and the unseen when analyzing public policy. Those that fail to consider secondary or indirect effects of...
by Dan Mitchell | Jan 29, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
The Obama Administration has already announced a bunch of tax increases that will be part of the President’s soon-to-be-released budget. But, in a remarkable development, the White House has preemptively thrown in the towel and said that it will no longer pursue a...
