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The Ted Cruz Tax Plan: A Pro-Growth Restructuring of the Internal Revenue Code, but with One Worrisome Feature

The Ted Cruz Tax Plan: A Pro-Growth Restructuring of the Internal Revenue Code, but with One Worrisome Feature

by Dan Mitchell | Oct 29, 2015 | Blogs, Economics, Taxation

The tax-reform landscape is getting crowded. Adding to the proposals put forth by other candidates (I’ve previously reviewed the plans offered by Rand Paul, Marco Rubio, Jeb Bush, Bobby Jindal, and Donald Trump), we now have a reform blueprint from Ted Cruz. Writing...

Summarizing the New Budget Deal: Spend More Now and Promise to Spend Less in the Future

by Dan Mitchell | Oct 27, 2015 | Big Government, Blogs, Economics, Government Spending

During the 1980 presidential campaign, Ronald Reagan famously said “there you go again” when responding to one of Jimmy Carter’s attacks. Well, the Gipper’s ghost is probably looking down from Heaven at the new budget deal between congressional leaders and the Obama...
Rearranging the Deck Chairs Isn’t the Solution for Belgium’s Titanic Tax System

Rearranging the Deck Chairs Isn’t the Solution for Belgium’s Titanic Tax System

by Dan Mitchell | Oct 25, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation

It’s time for a lesson in tax economics. Though hopefully today’s topic won’t be as dry and boring as my missives on more technical issues like depreciation and worldwide taxation. That’s because we’re going to talk about the taxation of workers, which is something...

A Growing Consensus for Spending Caps and the MAP Act

by Dan Mitchell | Oct 23, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Republicans are probably going to surrender on spending caps, thus allowing Obama to reverse his biggest-ever defeat. Moreover, GOPers almost surely will get nothing in exchange for raising the debt limit, thus squandering an opportunity to limit profligacy in...
A Nordic Nightmare for Bernie Sanders

A Nordic Nightmare for Bernie Sanders

by Dan Mitchell | Oct 21, 2015 | Big Government, Blogs, Economics, Europe, Welfare and Entitlements

Whenever there’s a discussion of the Nordic nations, I feel conflicted. I don’t like the punitively high tax rates and socially destructive levels of redistribution in nations such as Denmark, but I also admire the very laissez-faire policies those countries have when...
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