by Dan Mitchell | Jun 13, 2014 | Big Government, Blogs, Economics, Government Spending
Imagine how weird it would be if the Cato Institute and Americans for Tax Reform praised Barack Obama for fiscal responsibility. And think how inconceivable it would be for the Heritage Foundation and the National Taxpayers Union to applaud Tim “Turbotax” Geithner for...
by Dan Mitchell | Jun 11, 2014 | Blogs, Economics, Europe, Laffer Curve, Tax Competition, Taxation
When the new Tory-led government came to power in the United Kingdom, I was rather unimpressed. David Cameron positioned himself as a British version of George W. Bush, full of “compassionate conservative” ideas to expand the burden of government. But even worse than...
by Dan Mitchell | Jun 10, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation, VAT
Regular readers know that good fiscal policy takes place when government spending grows slower than the private economy. Nations that maintain this Golden Rule for extended periods of time shrink the relative burden of government spending, thus enabling more growth by...
by Dan Mitchell | Jun 9, 2014 | Big Government, Blogs, Economics, Government Spending, Laffer Curve
There’s an old saying that there’s no such thing as bad publicity. That may be true if you’re in Hollywood and visibility is a key to long-run earnings. But in the world of public policy, you don’t want to be a punching bag. And that describes my role in a book...
by Dan Mitchell | Jun 8, 2014 | Blogs, Economics, Government Spending, Laffer Curve, Taxation
The title of this post sounds like the beginning of a strange joke, but it’s actually because we’re covering three issues today. Our first topic is corporate taxation. More specifically, we’re looking at a nation that seems to be learning that it’s foolish the have a...
