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Fiscal Policy, Tax Cuts, and “Voodoo Economics”

Fiscal Policy, Tax Cuts, and “Voodoo Economics”

by Dan Mitchell | Sep 15, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation

Is “supply-side economics” a bad thing or good thing? It depends on what one means by the phrase. If it means that all tax cuts are self financing or that low tax burdens are the sole key to prosperity, then critics are right about it being a form of “voodoo...

Fiscal Policy, Tax Cuts, and “Voodoo Economics”

by Dan Mitchell | Sep 14, 2015 | Big Government, Blogs, Government Spending, Taxation

Is “supply-side economics” a bad thing or good thing? It depends on what one means by the phrase. If it means that all tax cuts are self financing or that low tax burdens are the sole key to prosperity, then critics are right about it being a form of “voodoo...

By the Numbers: America’s Unfortunate Fiscal Evolution from Madisonian Constitutionalism to Wilsonian Statism

by Dan Mitchell | Sep 13, 2015 | Big Government, Blogs, Government Spending

I’m a big fan of fiscal data. In part this is because I’m a policy wonk, but I also like budget numbers because they generally provide strong evidence for my philosophical belief in small government and spending restraint. For instance, I enjoy sharing my table...
Time for another Government Shutdown?

Time for another Government Shutdown?

by Dan Mitchell | Sep 11, 2015 | Big Government, Blogs, Government Spending

A new fiscal year starts October 1, and this is terrifying news for Republicans in Washington. They’re scared that if they don’t give Obama everything he wants, they’ll get “blamed” when the President vetoes annual spending bills and shuts down the government. If this...

Assessing Jeb Bush’s Pro-Growth Tax Plan

by Dan Mitchell | Sep 10, 2015 | Blogs, Education, Taxation

In my 2012 primer on fundamental tax reform, I highlighted the three biggest warts in the current system. 1. High tax rates that penalize productive behavior such as work and entrepreneurship. 2. Pervasive double taxation that undermines saving and investment. 3....
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