by Dan Mitchell | Aug 2, 2012 | Blogs, Economics, Laffer Curve, Taxation
Montgomery County in Maryland is not exactly a hotbed of free market thinking or a bastion of limited government. It’s one of the richest counties in the nation, but not because of entrepreneurship and wealth creation. Instead, it’s a bedroom community for over-paid...
by Dan Mitchell | Aug 1, 2012 | Blogs, Economics, Europe, Free Market
I’m not a big fan of international bureaucracies, particularly the Paris-based Organization for Economic Cooperation and Development. The OECD, funded by American tax dollars, has become infamous for its support of statist pro-Obama policies. The OECD has allied...
by Dan Mitchell | Jul 29, 2012 | Blogs, Economics, Tax Competition, Taxation
Considering that every economic theory agrees that living standards and worker compensation are closely correlated with the amount of capital in an economy (this picture is a compelling illustration of the relationship), one would think that politicians – particularly...
by Dan Mitchell | Jul 23, 2012 | Big Government, Blogs, Economics, Free Market
As part of his campaign to expand the size and scope of the federal government (and to justify his advocacy of class-warfare taxation), President Obama has been asserting that all of us benefit from government spending. It’s why he now echoes Elizabeth Warren’s claim...
by Dan Mitchell | Jul 21, 2012 | Blogs, Economics, Taxation
Mitt Romney is being criticized for supporting “territorial taxation,” which is the common-sense notion that each nation gets to control the taxation of economic activity inside its borders. While promoting his own class-warfare agenda, President Obama recently...
