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When Germany and France Both Agree on Something, You Can Safely Assume It Is a Terrible Idea

by Dan Mitchell | Aug 16, 2011 | Big Government, Blogs, Economics, Government Spending, Tax Competition, Tax Havens, Taxation

I’ve joked on many occasions that bipartisanship occurs in Washington when the evil party and the stupid party come up with an idea that is simultaneously malicious and misguided. The international version of two-wrongs-don’t-make-a-right occurs whenever the French...

The Clown Prince of Europe

by Dan Mitchell | Aug 4, 2011 | Big Government, Blogs, Government Spending, Tax Harmonization, Taxation

If Jimmy Carter and Barack Obama are neck-and-neck competitors in the contest to be the public face of incompetent statism in America, then the competition in Europe is between Herman van Rompuy and Olga Stefou. But since I’ve already crowned Ms. Stefou as the Queen...
You Should Support a Value-Added Tax…if You Want Bigger Government and More Debt

You Should Support a Value-Added Tax…if You Want Bigger Government and More Debt

by Dan Mitchell | Jul 26, 2011 | Blogs, Government Spending, Taxation, VAT

I testified before the House Ways & Means Committee earlier today. As always, my trip inside the belly of the beast was an interesting adventure. The tax-writing committee was holding a hearing on the value-added tax. I was on a panel with five other witnesses,...

Looking at Europe’s Self-Inflicted Economic Disaster (and Getting a Glimpse of America’s Obamanian Future)

by Dan Mitchell | Jul 20, 2011 | Big Government, Blogs, Economics, Government Spending

llister Heath is one of the best economic columnists in Europe and his analysis of Europe’s fiscal situation is rather grim. But Americans can’t be smug. This is where the Bush-Obama policies, combined with demographics, are leading America. Here’s Allister’s analysis...

Even the Europeans Are Trying to Undo the Mistakes of Obama-Style Class Warfare

by Dan Mitchell | Jul 9, 2011 | Big Government, Blogs, Economics, Laffer Curve, Taxation

President Obama is stubbornly clinging to his ideological agenda of bigger government and class warfare. Wasteful programs magically become “investments” for growth, and higher tax rates get turned into “shared sacrifice.” Interestingly, we already know what...
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