by Dan Mitchell | Jul 27, 2015 | Big Government, Blogs, Government Spending, Taxation
When giving speeches outside the beltway, I sometimes urge people to be patient with Washington. Yes, we need fundamental tax reform and genuine entitlement reform, but there’s no way Congress can make those changes with Obama in the White House. But there are some...
by Dan Mitchell | Jul 23, 2015 | Blogs, Economics, Tax Competition, Taxation
I’m very fond of Estonia, and not just because of the scenery. Back in the early 1990s, it was the first post-communist nation to adopt a flat tax. More recently, it showed that genuine spending cuts were the right way to respond to the 2008 crisis (notwithstanding...
by Dan Mitchell | Jul 18, 2015 | Blogs, Economics, Tax Competition, Tax Harmonization, Taxation
What’s the best way to generate growth and prosperity for the developing world? Looking at the incredible economic rise of jurisdictions such as Hong Kong andSingapore, it’s easy to answer that question. Simply put in place the rule of law, accompanied by free markets...
by Dan Mitchell | Jul 17, 2015 | Big Government, Blogs, Economics, Europe, Government Spending
I suggested a couple of months ago that the economic turmoil in Greece and Venezuela is somewhat akin to a real-life version of Atlas Shrugged. And I’ve also used that analogy when writing about France and Detroit. But I’m probably not doing justice to Ayn Rand’s...
by Dan Mitchell | Jul 12, 2015 | Bailouts, Big Government, Blogs, Economics, Government Spending
I very rarely feel sympathy for the people of Greece. Indeed, events over the past five years have even led me to write that “I hate the Greeks.” I also disparaged the people of Greece by stating on TV that they’ve beentrying to loot and mooch their way through life....