by Dan Mitchell | Feb 19, 2016 | Big Government, Blogs, Economics, Government Spending
I don’t know whether Keynesian economics is best described as a perpetual motion machine or a Freddy Krueger movie (or perhaps even the man behind the curtain in the Wizard of Oz), but it’s safe to say I’ll be fighting this pernicious theory until my last breath....
by Dan Mitchell | Feb 17, 2016 | Blogs, Economics, Flat Tax, Taxation
I’m in Hong Kong for series of meeting and briefings on various economic and policy issues. As you can imagine, I’m a huge fan of the jurisdiction’s simple 15 percent flat tax. It’s basically about as close to a pure flat tax as anyplace in the world. There is...
by Dan Mitchell | Feb 15, 2016 | Blogs, Economics, Taxation, VAT
This is a very strange political season. Some of the Senators running for the Republican presidential nomination are among the most principled advocates of smaller government in Washington. Yet all of them have proposed tax plans that, while theoretically far better...
by Dan Mitchell | Feb 10, 2016 | Big Government, Blogs, Government Spending, Taxation
Remember when I wrote about a week ago that I was somewhat optimistic about entitlement reform? Well, given what just happened in New Hampshire, I must have been smoking crack. It would now be more accurate to say something will happen with entitlements, but it will...
by Dan Mitchell | Feb 9, 2016 | Big Government, Blogs, Energy, Government Spending, Taxation
We have good news and bad news. The good news is that President Obama has unveiled his final budget. The bad news is that it’s a roadmap for an ever-growing burden of government spending. Here are the relevant details. The President wants the federal budget to climb...
