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Social Security’s Gargantuan Fiscal Shortfall

Social Security’s Gargantuan Fiscal Shortfall

by Dan Mitchell | Jun 26, 2016 | Big Government, Blogs, Welfare and Entitlements

The Social Security Administration has released the 2016 Trustees Report, which shines a spotlight on the overall fiscal condition of the program. In previous years (2012, 2013, 2014), I’ve used this opportunity to play Paul Revere. But instead of warning that the...

A Remarkably Good and Reasonably Bold Tax Reform Plan from House Republicans

by Dan Mitchell | Jun 25, 2016 | Big Government, Blogs, Economics, Taxation

I’ve been advocating for good tax reform for more than two decades, specifically agitating for a simple and fair flat tax. I get excited when politicians make bold proposals, such as many of the plans GOP presidential candidates proposed over the past year or so. But...

Disentangling Keynesian Fiscal Policy

by Dan Mitchell | Jun 15, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian

At the risk of understatement, I’m not a fan of Keynesian economics. The disdain is even apparent in the titles of my columns. Notwithstanding Keynesian Fantasies, Redistribution Does Not Stimulate Growth Japan’s Descent into Keynesian Parody Has Keynesian Economics...
Is Defending Tax Competition Akin to “Trading with the Enemy”?

Is Defending Tax Competition Akin to “Trading with the Enemy”?

by Dan Mitchell | Jun 11, 2016 | Blogs, Tax Competition, Tax Havens, Taxation

When I was younger, my left-wing friends said conservatives unfairly attacked them for being unpatriotic and anti-American simply because they disagreed on how to deal with the Soviet Union. Now the shoe is on the other foot. Last decade, a Treasury Department...

Rand Paul’s Heroic and Vital Fight Against a Global Scheme to Destroy Financial Privacy

by Dan Mitchell | May 31, 2016 | Blogs, Economics, Financial Privacy, Tax Competition, Taxation

The Foreign Account Tax Compliance Act (FATCA) arguably is the worst feature of the internal revenue code. It’s an odious example of fiscal imperialism that is based on a very bad policy agenda. But there is something even worse, a Multilateral Convention on Mutual...
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