by Dan Mitchell | May 20, 2018 | Big Government, Blogs, Economics
As a general rule, we worry too much about deficits and debt. Yes, red ink matters, but we should pay more attention to variables such as the overall burden of government spending and the structure of the tax system. That being said, Greece shows that a nation can...
by Dan Mitchell | May 19, 2018 | Big Government, Blogs, Government Spending
During the election season, I speculated Trump was a big government Republican, and he confirmed my analysis this past February when he acquiesced to an orgy of new spending and agreed to bust the spending caps. That awful spending spree gave huge increases to almost...
by Dan Mitchell | May 13, 2018 | Blogs, Tax Competition, Taxation
Even though I wrote about proposed tax increases in Illinois just 10 days ago, it’s time to revisit the issue because the Tax Foundation just published a very informative article about the state’s self-destructive fiscal policy. It starts by noting that the aggregate...
by Dan Mitchell | May 10, 2018 | Big Government, Blogs, Economics, Taxation
A couple of months ago, I thought I did something meaningful by sharing six separate examples of the International Monetary Fund pressuring sub-Saharan African nations to impose higher tax burdens. This was evidence, I suggested, that the IMF had a disturbing agenda...
by Dan Mitchell | May 3, 2018 | Blogs, Taxation
When I did a poll earlier this year, asking which state would be the first to suffer a fiscal crisis, I wasn’t terribly surprised that Illinois wound up in first place. But I was surprised by the margin. Even though there’s a good case to be made for basket-case...
