by Dan Mitchell | Jun 11, 2013 | Big Government, Blogs, Economics, Europe, Government Spending, Keynesian, Taxation
It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I imagine lots of people felt the same way when two of the world’s worst murderers, Hitler and Stalin, went to war in 1941. I have...
by Dan Mitchell | Jun 5, 2013 | Blogs, Tax Havens, Taxation
Earlier this year, I had some fun when it was revealed that the President’s new Treasury Secretary had a lot of money in the Cayman Islands. After all, leftists want us to believe tax havens are rogue regimes that should be eliminated. Some of them even want military...
by Dan Mitchell | Jun 1, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
I want a smaller burden of government spending, so you can only imagine how frustrating it is for me to observe the fight in Europe. On one side of the debate you have pro-spenders, who call themselves “growth” advocates, but are really just Keynesians. On the other...
by Dan Mitchell | May 30, 2013 | Blogs, Taxation
As a long-time advocate of tax reform, I’m not a fan of distortionary loopholes in the tax code. Ideally, we would junk the 74,000-page internal revenue code and replace it with a simple and fair flat tax – meaning one low rate, no double taxation, and no favoritism.*...
by Dan Mitchell | May 23, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian
I don’t like giving international bureaucrats tax-free salaries. And it really galls me when they use their privileged positions to promote statism. So you can understand why I’m not a big fan of the International Monetary Fund. Whether we’re talking more spending,...
