by Dan Mitchell | Jun 11, 2014 | Blogs, Economics, Europe, Laffer Curve, Tax Competition, Taxation
When the new Tory-led government came to power in the United Kingdom, I was rather unimpressed. David Cameron positioned himself as a British version of George W. Bush, full of “compassionate conservative” ideas to expand the burden of government. But even worse than...
by Dan Mitchell | Jun 10, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation, VAT
Regular readers know that good fiscal policy takes place when government spending grows slower than the private economy. Nations that maintain this Golden Rule for extended periods of time shrink the relative burden of government spending, thus enabling more growth by...
by Dan Mitchell | May 28, 2014 | Blogs, Economics, Laffer Curve, Taxation
If you appreciate the common-sense notion of the Laffer Curve, you’re in for a treat. Today’s column will discuss the revelation that Francois Hollande’s class-warfare tax hikes have not raised nearly as much money as predicted. And after the recent evidence about the...
by Dan Mitchell | May 25, 2014 | Blogs, Economics, Taxation
here aren’t any nations with pure libertarian economic policy, but there are a handful of jurisdictions that deserve praise, either because they have comparatively low levels of statism or because they have made big strides in the right direction. Hong Kong and...
by Dan Mitchell | May 11, 2014 | Blogs, Taxation
I’ve already written about how the Paris-based Organization for Economic Cooperation and Development (OECD), which is heavily subsidized by American taxpayers, is advocating for bigger government. I’m especially irked that the OECD has gotten in bed with nutjobs from...