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The Looming Trump/GOP Tax Hike

The Looming Trump/GOP Tax Hike

by Dan Mitchell | May 22, 2025 | Big Government, Blogs, Taxation, Welfare and Entitlements

Republicans are going to saddle the country with a massive tax increase, and I’m not referring to Trump’s huge protectionist tax increase on American consumers and producers. Instead, I’m referring to my long-held view that a failure to...
Decentralize the Welfare State

Decentralize the Welfare State

by Dan Mitchell | May 21, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Excessive government spending is America’s top fiscal problem. To be more specific, poorly designed entitlement programs are leading to an ever-growing spending burden that ultimately will either lead to massive tax increases or a debt crisis. To...
Implications of Washington’s Spending and Debt Binge

Implications of Washington’s Spending and Debt Binge

by Dan Mitchell | May 17, 2025 | Big Government, Blogs, Economics, Government Spending

Whenever anyone starts griping about government debt, I tell them they’re right. But I also tell that debt is just a symptom and that the real problem is an ever-growing burden of government spending. Moreover, I warn them that fixating on red ink...
Continuing Fiscal Decay in the United Kingdom

Continuing Fiscal Decay in the United Kingdom

by Dan Mitchell | May 15, 2025 | Big Government, Blogs, Government Spending

I’m in London today as part of the Free Market Road Show, so let’s focus this column on the grim state of fiscal policy in the United Kingdom. The supposed Conservative Party fell off the wagon of fiscal sobriety starting in 2019 and the Labour...
Austria’s Fiscal Deterioration

Austria’s Fiscal Deterioration

by Dan Mitchell | May 12, 2025 | Big Government, Blogs, Government Spending, Taxation

I’ve written several times about the “Austrian School” of economics, but I’ve never written about the economics of Austria. Since I just spoke in Vienna on the topic of that nation’s fiscal policy, this is a good opportunity to make up for the lack of...
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