by Dan Mitchell | Apr 3, 2015 | Blogs, Economics, Taxation
I’m not a fan of the IRS or it’s Commissioner, a partisan Democrat named John Koskinen. The agency has become politicized, interfering with America’s political process. Needless to say, I’m not shedding tears that the bureaucracy is no longer getting big budget...
by Dan Mitchell | Apr 1, 2015 | Big Government, Blogs, Economics, Government Spending
It’s amazingly simple to reduce the burden of government spending. Policy makers simply need to impose some modest spending restraint so that government doesn’t grow faster than the economy’s productive sector. In a display of humility that can only be found in...
by Dan Mitchell | Mar 31, 2015 | Blogs, Economics, Taxation, VAT
I warned just last week about the dangers of letting politicians impose a value-added tax. Simply stated, unless the 16th Amendment is repealed and replaced with a new provision forever barring the re-imposition of any taxes on income, a VAT inevitably would be a new...
by Dan Mitchell | Mar 28, 2015 | Big Government, Blogs, Government Spending
This is a column I never expected to write. That’s because I’m going to applaud Presidents Franklin Roosevelt and Harry Truman. This won’t be unconstrained applause, to be sure. Roosevelt, after all, pursued awful policies that lengthened and deepened the economic...
by Dan Mitchell | Mar 25, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation
Last week, I applauded the Chairmen of the House and Senate Budget Committees for proposing budgets that complied with my Golden Rule, which means the burden of government would grow slower than the private sector. But my praise was limited because neither budget is...
