by Dan Mitchell | Apr 30, 2017 | Blogs, Europe, Tax Competition, Tax Havens, Taxation
I like the main components of the Trump tax plan, particularly the sweeping reduction in the corporate tax rate. But, as I say at the beginning of this Fox Business interview, there’s a big difference between proposing a good idea and actually getting legislation...
by Dan Mitchell | Apr 15, 2017 | Blogs, Economics
I wrote yesterday about the most recent OECD numbers on “Average Individual Consumption” in member nations. There was a very clear lesson in that data about the dangers of excessive government. The United States was at the top in this measure of household living...
by Dan Mitchell | Apr 14, 2017 | Blogs, Economics
One of the more surreal aspects of the 2016 campaign was watching Bernie Sanders argue that the United States should become more like a European welfare state. Was he not aware that Europe had major problems such as high unemployment and a fiscal crisis? Didn’t he...
by Dan Mitchell | Apr 6, 2017 | Blogs, Economics, Free Market
It appears that Venezuela is on the brink of collapse as it enters the fourth circle of statist hell. And the death of Cuba’s long-time dictator gives hope that the people of that island nation may soon escape communist tyranny. Moreover, one certainly hopes that the...
by Dan Mitchell | Feb 7, 2017 | Big Government, Blogs, Government Spending, Taxation
I’ve put forth lots of arguments against tax increases, mostly focusing on why higher tax rates will depress growth and encourage more government spending. Today, let’s look at a practical, real-world example. I wrote a column for The Hill looking at why Greece...