by Dan Mitchell | Oct 25, 2017 | Blogs, Taxation
I’ve written a couple of times to explain why the deduction for state and local taxes should be eliminated as part of pro-growth tax reform. One of my main arguments, as I pointed out at the beginning of this interview, is that Republicans are generally unwilling to...
by Dan Mitchell | Oct 22, 2017 | Big Government, Blogs, Economics, Government Spending, Taxation
The cossetted bureaucrats at the International Monetary Fund are on a roll. In the past few months, they’ve published reports pushing a very misguided and statist agenda. In June, I wrote about the IMF pushing a theory that higher taxes would improve growth in the...
by Dan Mitchell | Oct 19, 2017 | Big Government, Blogs, Taxation
I’ve written several times that the left wants big tax hikes on poor and middle-class taxpayers. Simply stated, that’s the only way they can finance a European-sized welfare state. Some of them even admit they want to pillage ordinary taxpayers. The editors at the New...
by Dan Mitchell | Oct 17, 2017 | Blogs, Economics, Laffer Curve
I gave a couple of speeches about fiscal policy in Australia late last week. During the Q&A sessions (as so often happens when I speak overseas), the audiences mostly asked questions about Donald Trump. I generally give a three-part response. I tell them I was...
by Dan Mitchell | Oct 16, 2017 | Big Government, Blogs, Government Spending
I’ve learned that it’s more important to pay attention to hard numbers rather than political rhetoric. Republicans, for instance, love to beat their chests about spending restraint, but I never believe them without first checking the numbers. Likewise, Democrats have...