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Carbon Taxes: Worrisome in Theory, Bad in Reality

Carbon Taxes: Worrisome in Theory, Bad in Reality

by Dan Mitchell | Feb 11, 2017 | Big Government, Blogs, Government Spending, Taxation

I don’t have strong views on global warming. Or climate change, or whatever it’s being called today. But I’ve generally been skeptical about government action for the simple reason that the people making the most noise are statists who would use any excuse to increase...
The United Kingdom and the Benefits of Spending Restraint

The United Kingdom and the Benefits of Spending Restraint

by Dan Mitchell | Feb 9, 2017 | Big Government, Blogs, Government Spending

When I debate one of my leftist friends about deficits, it’s often a strange experience because none of us actually care that much about red ink. I’m motivated instead by a desire to shrink the burden of government spending, so I argue for spending restraint rather...

Is Putin Being Honest and Accurate about the Benefits of Russia’s Flat Tax?

by Dan Mitchell | Feb 5, 2017 | Blogs, Taxation

I’m obviously a big fan of a simple and fair flat tax. In part, my support for fundamental reform is driven by my desire for a low rate, for no double taxation, and for the elimination of loopholes. Those are the economic reasons for reform. But I also am very much...

Just Say No to the Debilitating Drug of Keynesian Stimulus

by Dan Mitchell | Feb 4, 2017 | Big Government, Blogs, Economics, Government Spending, Keynesian

I’m glad that Donald Trump wants faster growth. The American people shouldn’t have to settle for the kind of anemic economic performance that the nation endured during the Obama years. But does he understand the right recipe for prosperity? That’s an open question. At...
A Lower Corporate Tax Means More Growth and Higher Wages

A Lower Corporate Tax Means More Growth and Higher Wages

by Dan Mitchell | Jan 28, 2017 | Blogs, Economics, Laffer Curve, Supply Side, Taxation

Yesterday was “Australia Day,” which I gather for Aussies is sort of like the 4th of July for Americans. To belatedly celebrate for our friends Down Under, I suppose we could sing Waltzing Matilda. But since I’m a policy wonk with a special fondness for the nation,...
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