by Dan Mitchell | Mar 5, 2016 | Blogs, Economics, Laffer Curve, Taxation
About one year ago, Scott Hodge authored a report explaining the mechanics and utility of the Tax Foundation’s Taxes and Growth Dynamic Model. He made a very persuasive argument about the need to modernize and improve the Joint Committee on Taxation’s antiquated...
by Dan Mitchell | Mar 4, 2016 | Blogs, Economics, Tax Competition, Taxation
Federalism is a great idea, and not just because America’s Founders wanted a small and limited central government. It’s also a good idea because states are laboratories that teach us about the benefits of good policy and the costs of bad policy. And when we...
by Dan Mitchell | Mar 3, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian
In recent weeks, the bureaucrats at both the International Monetary Fund and the Organization for Economic Cooperation and Development have recommended that politicians should have a green light to supposedly stimulate growth by increasing the burden of government...
by Dan Mitchell | Feb 29, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
I thought the Organization for Economic Cooperation and Development had cemented its status as the world’s worst international bureaucracy when it called for a Keynesian spending binge even though the global economy is still suffering from previous schemes for...
by Dan Mitchell | Feb 27, 2016 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation
With both Hillary Clinton and Bernie Sanders agitating for higher taxes (and with more than a few Republicans also favoring more revenue because they don’t want to do any heavy lifting to restrain a growing burden of government), it’s time to examine the real-world...