by Dan Mitchell | Dec 28, 2015 | Big Government, Blogs, Taxation
It’s time to criticize my least-favorite international bureaucracy. Regular readers probably know that I’m not talking about the United Nations, International Monetary Fund, or World Bank. Those institutions all deserve mockery, but I think the Paris-based...
by Dan Mitchell | Dec 22, 2015 | Big Government, Blogs, Welfare and Entitlements
Because of the budgetary implications, I think it’s more important to deal with Medicaid and Medicare than it is to address Social Security. If left on autopilot, Social Security will eventually consume an additional 2 percent of the private economy. That’s not good...
by Dan Mitchell | Dec 21, 2015 | Blogs, Economics, Laffer Curve
Based on my writings, some people may think I’m 100 percent against higher taxes. But that’s not exactly true. In some cases, I like punitive taxation. Or, to be more precise, I sometimes take pleasure when punitive tax policy backfires on bad people. Here’s an...
by Dan Mitchell | Dec 18, 2015 | Big Government, Blogs, Government Spending
The fact that there’s widespread support for spending caps from groups that support limited government is hardly a surprise. After all, we have lots of real world evidence that limits on the growth of government spending – if sustained for multi-year periods – can...
by Dan Mitchell | Dec 15, 2015 | Blogs, Taxation
If you owned a restaurant and wanted to generate more income and boost your bottom line, would you double your prices thinking that this would double your revenue? Of course not. You would understand that a lot of your patrons would simply dine elsewhere. And if they...
