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 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...
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...
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....
by Dan Mitchell | Sep 2, 2015 | Big Government, Blogs, Economics, Taxation
There’s a famous quote attributed to George Washington. Government is not reason, it is not eloquence — it is force. Like fire it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action. But it’s apparently an urban...
