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Early Details Show Obama Will Propose a Bait-and-Switch Budget Plan Containing Higher Taxes and More Spending

by Dan Mitchell | Apr 6, 2013 | Big Government, Blogs, Government Spending, Taxation

Are we about to see a new kinder-and-gentler Obama? Has the tax-and-spend President of the past four years been replaced by a fiscal moderate? That’s certainly the spin we’re getting from the White House about the President’s new budget. Let’s look at this theme,...

Thanks to the Welfare Hammock, Here’s another Horror Story about Deadbeats Sponging Off British Taxpayers

by Dan Mitchell | Jan 29, 2013 | Big Government, Blogs, Welfare and Entitlements

Here are some odious details from the UK-based Sun. Danny Creamer, 21, and Gina Allan, 18, spend each day watching their 47in flatscreen TV and smoking 40 cigarettes between them in their comfy two-bedroom flat. It is all funded by the taxpayer, yet the couple say...

Obama’s Vision of a Nation of Takers

by Dan Mitchell | Jan 25, 2013 | Big Government, Blogs, Economics, Welfare and Entitlements

If you don’t want to be depressed, you should stop reading right now. You probably know that we’ve been suffering because of a rising burden of government spending. And you probably understand that much of the problem is the relentless growth of redistribution and...

If You Could Reform only One Major Entitlement Program, Which One Would You Pick?

by Dan Mitchell | Jan 20, 2013 | Big Government, Blogs, Government Spending, Welfare and Entitlements

This is a tough question. I obviously want comprehensive reform of all entitlement programs, so selecting just one is a bit of a challenge. Sort of like being asked to pick your favorite kid. Would I reform Social Security? That’s a logical choice. It’s the biggest...

Yes, We Should “Reform” Payroll Taxes, but only if that Means Personal Retirement Accounts

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...
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