by Dan Mitchell | Aug 21, 2014 | Blogs, Economics, Taxation
Some folks on the right in Washington, generally known as reformicons (short for reform conservatives), want the Republican Party to de-emphasize marginal tax rate reductions and instead focus on providing tax relief to parents. There are many leaders in this movement...
by Dan Mitchell | Aug 10, 2014 | Big Government, Blogs, Welfare and Entitlements
With all the controversy over the failed and costly Obamacare program, it’s understandable that other entitlements aren’t getting much attention. But that doesn’t mean there aren’t serious problems with Medicaid, Medicare, and Social Security. Indeed, the...
by Dan Mitchell | Aug 8, 2014 | Blogs, Economics, Taxation
I’m a long-time proponent of the flat tax for three simple reasons. 1. It replaces the discriminatory “progressive” tax with a single tax rate at the lowest possible level, thus reducing the tax penalty on productive behavior. 2. It gets rid of all forms of double...
by Dan Mitchell | Aug 6, 2014 | Blogs, Taxation
Since I’m an economist, I generally support competition. But it’s time to admit that competition isn’t always a good idea. Particularly when international bureaucracies compete to see which one can promote the most-destructive pro-tax policies. For instance, I noted...
by Dan Mitchell | Aug 1, 2014 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I had a very bad lunch today. But not because of what I ate. My lunch was unpleasant because I moderated anoontime panel on Capitol Hill featuring Senator Ron Johnson of Wisconsin and my Cato colleague Chris Edwards. And I should hasten to add that they were splendid...