by Dan Mitchell | Apr 9, 2018 | Big Government, Blogs, Government Spending, Taxation
Five former Democratic appointees to the Council of Economic Advisers have a column in today’s Washington Post asserting that we should not blame entitlements for America’s future fiscal problems. The good news is that they at least recognize that there’s a future...
by Dan Mitchell | Apr 7, 2018 | Big Government, Blogs, Government Spending
My major long-run project during Obama’s presidency was to educate Republicans in Washington about the need for genuine entitlement reform. I explained to them that the United States was doomed, largely because of demographics, to suffer a Greek-style fiscal future if...
by Dan Mitchell | Apr 6, 2018 | Big Government, Blogs, States, Tax Competition, Taxation
I’m a big fan of federalism because states have the flexibility to choose good policy or bad policy. And that’s good news for me since I get to write about the consequences. One of the main lessons we learn (see here, here, here, here, and here) is that high-earning...
by Dan Mitchell | Mar 25, 2018 | Blogs, Taxation
If you were exempted from taxation, you’d presumably be very happy. After all, even folks on the left do everything they can to minimize their tax payments. Now imagine that you are put in charge of tax policy. Like Elizabeth Warren, you obviously won’t volunteer to...
by Dan Mitchell | Mar 24, 2018 | Big Government, Blogs, Government Spending
Ever since there was a deal to bust the budget caps back in February, I knew it was just a matter of time before Congress and the White House responded with an odious orgy of new spending. Some people told me I was being too pessimistic. After all, the President’s...