by Dan Mitchell | May 23, 2011 | Big Government, Blogs, Economics, Flat Tax, Taxation
Read it and weep. Or maybe I should say look at it and weep. I suppose this is a good time to recycle my flat tax video. I don’t mention this in the video, but Hong Kong’s flat tax system, which has been around for more than 60 years, requires less than 200 pages....
by Dan Mitchell | May 22, 2011 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
Last night, I spoke at the closing dinner of the European Resource Bank. My message was simple and straightforward: Entitlement programs are killing the developed world. That’s not exactly a surprise, but what may be shocking is America’s relative position. In my...
by Dan Mitchell | May 20, 2011 | Bailouts, Blogs, Europe
Yesterday, I took aim at a truly pathetic human being who lives as an “adult baby.” But what got me upset was not his lifestyle, but rather the fact that he was mooching off the taxpayers thanks to the dumb bureaucrats at the Social Security Administration, who...
by Dan Mitchell | May 14, 2011 | Big Government, Blogs, Economics, Government Spending
There’s a lot of buzz about a Wall Street Journal interview with Stanley Druckenmiller, in which he argues that a temporary delay in making payments on U.S. government debt (which technically would be a default) would be a small price to pay if it resulted in the...
by Dan Mitchell | May 13, 2011 | Big Government, Blogs, Government Spending
I got a few cranky emails after my post suggesting the United States should copy the Baltic nations and implement genuine spending cuts. These less-than-friendly pen pals were upset that I favorably commented on the fiscal discipline of Estonia, Lithuania, and Latvia...
