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The Left’s Dream Is a Value-Added Tax on the Middle Class, so Why Are Advocates of Small Government Helping to Advance that Awful Levy?

The Left’s Dream Is a Value-Added Tax on the Middle Class, so Why Are Advocates of Small Government Helping to Advance that Awful Levy?

by Dan Mitchell | Nov 3, 2015 | Big Government, Blogs, Taxation, VAT

Some honest statists understand and acknowledge that you can’t have bigger government unless you target middle-income taxpayers. The New York Times endorsed higher taxes on the middle class in 2010. The then-House Majority Leader Steny Hoyer also gave a green light...
The Fiscal Nightmare of Changing Demographics Combined with Poorly Designed Entitlement Programs

The Fiscal Nightmare of Changing Demographics Combined with Poorly Designed Entitlement Programs

by Dan Mitchell | Oct 30, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

In my speeches, I routinely argue that an aging population is one of the reasons why we need genuine entitlement reform. A modest-sized welfare state may be feasible if a country has a “population pyramid,” I explain, but it’s a recipe for fiscal chaos when changing...

A Growing Consensus for Spending Caps and the MAP Act

by Dan Mitchell | Oct 23, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Republicans are probably going to surrender on spending caps, thus allowing Obama to reverse his biggest-ever defeat. Moreover, GOPers almost surely will get nothing in exchange for raising the debt limit, thus squandering an opportunity to limit profligacy in...
Chile’s Private Social Security System Should Be Globally Emulated, not Locally Emasculated

Chile’s Private Social Security System Should Be Globally Emulated, not Locally Emasculated

by Dan Mitchell | Oct 5, 2015 | Blogs, Economics

Chile is one of the world’s economic success stories. Reforms in the 1980s and 1990s liberalized the nation’s economy and resulted in rapid increases in economic growth and big reductions in poverty. Unfortunately, the current government is pushing policy in the wrong...

Looming Republican Surrender on Spending Caps?

by Dan Mitchell | Oct 2, 2015 | Big Government, Blogs

What’s worse, Democrats who deliberately seek to make government bigger because of their ideological belief in statism, or Republicans who sort of realize that big government is bad yet make government bigger because of incompetence? I’m not sure, though this is a...
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