by Dan Mitchell | Feb 27, 2015 | Blogs, Economics, Taxation
On the issue of so-called progressive taxation, our left-wing friends have conflicting goals. Some of them want to maximize tax revenue in order to finance ever-bigger government. But others are much more motivated by a desire to punish success. They want high tax...
by Dan Mitchell | Feb 22, 2015 | Big Government, Blogs, Economics, Government Spending
As a fiscal policy economist who believes in individual liberty and personal responsibility, I have two goals. 1. Replace the corrupt and punitive internal revenue code with a simple and fair flat tax that raises necessary revenue in the least-destructive and...
by Dan Mitchell | Feb 18, 2015 | Bailouts, Big Government, Blogs, Economics, Government Spending
There’s a big fiscal battle happening in Europe. The relatively new Greek government is demanding continued handouts from the rest of Europe, but it wants to renege on at least some of the country’s prior commitments to improve economic performance by reducing the...
by Dan Mitchell | Feb 14, 2015 | Blogs, Economics, Laffer Curve, Taxation
Regular readers know that I don’t approve of drug use, but that I also favor legalization because the Drug War has been a costly and ineffective failure. (And it’s led to horrible policies such as intrusive money-laundering laws and Orwellian asset-forfeiture laws)....
by Dan Mitchell | Feb 12, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation
I’ve written several times about the importance of appointing sensible people to head the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT). Heck, making reforms to these Capitol Hill bureaucracies is a basic competency test for Republicans....