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A Much-Needed Economics, Math, and Logic Lesson for the New York Times

by Dan Mitchell | Oct 20, 2015 | Blogs, Economics, Taxation

More than two years ago, I cited some solid research from the Tax Foundation to debunk some misguided analysis from the New York Times about the taxation of multinational companies. Well, it’s déjà vu all over again, as the late Yogi Berra might say. That’s because we...

What Lessons Can America Learn from Europe?

by Dan Mitchell | Oct 18, 2015 | Big Government, Blogs, Europe, Government Spending, Welfare and Entitlements

Some issues never seem to get resolved. One would think, for instance, that leftists would be more cautious about pushing for a bigger welfare state given the fiscal crisis in Europe. But we have folks like Bernie Sanders openly arguing we should be more like nations...
The EITC: Washington’s Fastest-Growing Form of Income Redistribution

The EITC: Washington’s Fastest-Growing Form of Income Redistribution

by Dan Mitchell | Oct 16, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Federal government redistribution programs don’t work. We’ve ignored the lessons of history about the dangers of government intervention, so is it any mystery that we now have millions of people mired in dependency. Yet some people in Washington want to double down on...
Why Is the Obama Administration Allowing an International Bureaucracy to Push Tax Policies that Will Make America Companies Less Competitive?

Why Is the Obama Administration Allowing an International Bureaucracy to Push Tax Policies that Will Make America Companies Less Competitive?

by Dan Mitchell | Oct 14, 2015 | Blogs, Taxation

Most normal Americans have never heard of the “Base Erosion and Profit Shifting” project being pushed by the tax-loving bureaucrats at the Paris-based Organization for Economic Cooperation and Development. But in the world of tax policy, BEPS is suddenly attracting a...
Alaska’s Oil-Fueled Spending Binge Violates Fiscal Policy’s Golden Rule, Leads to Budget Mess

Alaska’s Oil-Fueled Spending Binge Violates Fiscal Policy’s Golden Rule, Leads to Budget Mess

by Dan Mitchell | Oct 11, 2015 | Uncategorized

If you look at oil-rich jurisdictions around the world, it’s easy to see why experts sometimes write about the “resource curse.” Simply stated, governments don’t have much incentive to be responsible when they can use oil as a seemingly endless source of tax revenue....
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