by Dan Mitchell | May 17, 2012 | Big Government, Blogs, Government Spending
A few months ago, I wrote some very nice things about a budget plan put together by Senator Rand Paul of Kentucky, noting that: Senator Paul and his colleagues are highlighting the fact that the plan generates a balanced budget in just five years. That’s a good...
by Dan Mitchell | May 15, 2012 | Blogs, Europe, Tax Competition, Taxation
I wrote last year about a tax protest in Ireland, and I wrote earlier this year about a tax revolt in Greece. But Irish and Greek taxpayers are wimps compared to their Italian compatriots. When Italians decide to have a tax revolt, they don’t kid around. Here are some...
by Dan Mitchell | May 12, 2012 | Big Government, Blogs, Government Spending, Taxation
Last year, as part of the fight over the debt limit, Congress created a “super-committee” that was designed to produce at least $1.2 trillion of “deficit reduction.” The statists saw this super-committee as a vehicle to seduce Republicans into a tax hike. They knew...
by Dan Mitchell | May 9, 2012 | Big Government, Blogs, Government Spending
I wrote a detailed blog post yesterday, showing that European governments have been very reluctant to restrain the burden of government spending. Part of the problem is that the debate in Europe is a no-win exercise, pitting proponents of higher taxes (which is...
by Dan Mitchell | May 8, 2012 | Big Government, Blogs, Economics, Europe, Government Spending, Keynesian
With both France and Greece deciding to jump out of the left-wing frying pan into the even-more-left-wing fire, European fiscal policy has become quite a controversial topic. But I find this debate and discussion rather tedious and unrewarding, largely because it pits...
