by Dan Mitchell | Jun 25, 2010 | Big Government, Blogs, Taxation
Barack Obama and Angela Merkel are the two main characters in what is being portrayed as a fight between American “stimulus” and European “austerity” at the G-20 summit meeting in Canada. My immediate instinct is to cheer for the Europeans. After all, “austerity”...
by Dan Mitchell | Jun 24, 2010 | Bailouts, Big Government, Blogs, Tax Competition, Welfare and Entitlements
It’s been amusing, in an I-told-you-so fashion, to follow the fiscal crises in Greece, Spain, and other European welfare states. And I feel like a voyeuristic ghoul as I observe the incredibly misguided bailout policies being adopted by the political elites (who are...
by Dan Mitchell | Jun 22, 2010 | Big Government, Blogs, Europe
American taxpayers are not the only ones getting ripped off by lavish pay and perks for bureaucrats. The Daily Mail reports on a new study about public sector pay in the United Kingdom: Public sector employees work nine years less than their private sector...
by Dan Mitchell | Jun 22, 2010 | Big Government, Blogs, Europe, Taxation
I don’t often agree with the statist president of the European Commission, but Mr. Barroso may be right when he warns that some nations are at risk of descending back into dictatorship. But while he may be correct in his diagnosis, his proposed solution is more...
by Dan Mitchell | Jun 21, 2010 | Blogs, Capital Gains, Economic Growth, Europe, Tax Competition, Taxation
The former communists running Russia apparently understand tax policy better than the buffoons in charge of U.S. tax policy. Not only does Russia have a 13 percent flat tax, but the government has just announced it will eliminate the capital gains tax (which...
