by Dan Mitchell | Apr 25, 2011 | Blogs, Economics, Taxation
According to an article in the New York Times, the Obama Administration is seriously examining a proposal to reduce America’s anti-competitive 35 percent corporate tax rate. The Obama administration is preparing to inject an unpredictable new variable into its...
by Dan Mitchell | Apr 25, 2011 | Big Government, Blogs, Economics, Taxation
Republicans are fighting about taxes. But they’re fighting with each other, not Democrats. I’ve already written about this topic once, but the issue has become more heated, and the stakes have become much larger. And this time I’m going to focus on the political...
by Dan Mitchell | Apr 24, 2011 | Big Government, Blogs, Economics, Government Spending
I periodically get emails and phone calls from people wanting me to respond to particular statements from politicians, columnists, and other high-profile figures. Not surprisingly, Paul Krugman occasionally is the subject of these communications, particularly with...
by Dan Mitchell | Apr 22, 2011 | Big Government, Blogs, Economics, Welfare and Entitlements
Under current law, Social Security is supposed to be an “earned benefit,” where taxes are akin to insurance premiums that finance retirement benefits for workers. And because there is a cap on retirement benefits, this means there also is a “wage-base cap” on the...
by Dan Mitchell | Apr 19, 2011 | Big Government, Blogs, Economics
After reading below about Argentina’s decline, several people have emailed to ask how Chile compares. Ask and ye shall receive. This post from last month shows shows Chile, Argentina, and Venezuela. Very powerful, which is why I gave the post such a grandiose title....
