by Dan Mitchell | Feb 23, 2018 | Big Government, Blogs, Economics, Government Spending, Taxation
At some point in the next 10 years, there will be a huge fight in the United States over fiscal policy. This battle is inevitable because politicians are violating the Golden Rule of fiscal policy by allowing government spending to grow faster than the private sector...
by Dan Mitchell | Feb 9, 2018 | Big Government, Blogs, Economics, Government Spending
The biggest victory for taxpayers during the Obama years was the Budget Control Act in 2011, which imposed sequester-enforced caps on discretionary spending. Indeed, that legislation was then followed by a sequester in early 2013, which was a stinging defeat for Obama...
by Dan Mitchell | Feb 8, 2018 | Blogs, Economics, Taxation
I strongly applauded the tax reform plan that was enacted in December, especially the lower corporate tax rate and the limit on the deduction for state and local taxes. But I’m not satisfied. Our long-run goal should be fundamental tax reform. And that means replacing...
by Dan Mitchell | Jan 18, 2018 | Big Government, Blogs, Taxation
Here are three things I’ve written about tax policy. See if you can detect a pattern: I’ve written that I don’t want a value-added tax because the money would be used to finance bigger government. I’ve also explained I don’t want a carbon tax because the revenue from...
by Dan Mitchell | Jan 11, 2018 | Big Government, Blogs, Government Spending
This is depressing. Republicans botched the repeal of Obamacare. They’ve already sold out (twice!) on the spending caps in the Budget Control Act, and they’re about to do it again. And now they want to bring back earmarks. In this interview with Neil Cavuto, I explain...
