by Dan Mitchell | Apr 7, 2014 | Big Government, Blogs, Economics, Government Spending
My tireless (and probably annoying) campaign to promote my Golden Rule of spending restraint is bearing fruit. The good folks at the editorial page of the Wall Street Journal allowed me to explain the fiscal and economic benefits that accrue when nations limit the...
by Dan Mitchell | Apr 4, 2014 | Big Government, Blogs, Economics, Government Spending, Taxation, VAT
I’m a supporter of a single-rate tax regime, especially if there’s no double taxation of income that is saved and invested. That’s why I like the flat tax. But I’ve expressed concern about the national sales tax, even though it’s basically the same as a flat tax (the...
by Dan Mitchell | Apr 2, 2014 | Blogs, Economics
Greetings from Obamaland! Actually, that’s wrong in two respects. First, I’m actually in France. And even though I’ve joked that Obama wants to make America like France, technical accuracy requires me to admit that my real location is Paris, where I participated...
by Dan Mitchell | Apr 1, 2014 | Big Government, Blogs, Economics, Government Spending
Congressman Paul Ryan, the Republican Chairman of the House Budget Committee, has unveiled the GOP’s latest budget plan. Is this proposal deserving of applause or criticism? The answer is yes and yes, with a bit of emphasis on the former. Let’s start with some...
by Dan Mitchell | Mar 26, 2014 | Blogs, Tax Competition, Taxation
Back in the 1980s and 1990s, there was a widespread consensus that high tax rates were economically misguided. Many Democrats, for instance, supported the 1986 Tax Reform Act that lowered the top tax rate from 50 percent to 28 percent (albeit offset by increased...
