by Dan Mitchell | Jan 12, 2013 | Big Government, Blogs, Economics
I’ve frequently commented on Europe’s fiscal mess and argued that excessive government spending is responsible for both the sovereign debt crisis and the economic stagnation that plagues the continent. But it does seem that things have calmed down, so the readers who...
by Dan Mitchell | Jan 11, 2013 | Blogs, Economics, Taxation
Because of Obama’s class-warfare tax hike and additional tax increases by kleptocrats at the state level, many successful taxpayers will now lose more than 50 percent of any additional income they generate for the American economy. I discuss the implications of this...
by Dan Mitchell | Jan 9, 2013 | Blogs, Economics
I’ve always been a big fan of Economic Freedom of the World because it provides a balanced and neutral measure of which nations do best in providing free markets and small government. And I like it even when it gives me bad news. It’s somewhat depressing, after all,...
by Dan Mitchell | Jan 8, 2013 | Blogs, Economics, Taxation
There’s a debate among policy wonks about whether a no-tax-hike policy is an effective way of restraining the burden of government spending. At the risk of over-simplifying, the folks who support the “starve the beast” theory argue that there are political and/or...
by Dan Mitchell | Jan 4, 2013 | Blogs, Economics, Taxation
Washington is filled with debate and discussion about the economic burden of the federal income tax, which collected $1.13 trillion in FY2012 ($1.37 trillion if you include the corporate income tax). Yet politicians rarely consider the economic impact of payroll...
