by Dan Mitchell | Nov 23, 2010 | Blogs, Taxation
At least, that’s what a left-wing blogger thinks. So what did I do to earn this honor? I had the gall to say that tax loopholes should be removed, but that all the revenues should be used to finance lower tax rates. Call me crazy, but I don’t think either our economy...
by Dan Mitchell | Nov 22, 2010 | Big Government, Blogs, Economics, Taxation
There’s been a lot of heated discussion about various preferences, deductions, credits, shelters, and other loopholes in the tax code. Some of this debate has revolved around whether it is legitimate to refer to these provisions as “tax expenditures” or “subsidies.”...
by Dan Mitchell | Nov 17, 2010 | Big Government, Blogs, Government Spending, Taxation, VAT
I’ve already commented on the proposal from the Chairmen of President Obama’s Fiscal Commission (including a very clever cartoon, if it’s okay to pat myself on the back). Now we have a similar proposal from the so-called Debt Reduction Task Force. Chaired by former...
by Dan Mitchell | Nov 17, 2010 | Big Government, Blogs, Economics, Taxation
Back during the presidential campaign, Barack Obama proposed several tax increases. Some of those tax hikes, such as the proposed higher income tax rates on investors, entrepreneurs, small business owners, and other “rich” taxpayers, have received a lot of public...
by Dan Mitchell | Nov 11, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation
I have many pet peeves, but one that causes me endless frustration is the Washington “spending cut” scam. This happens when politicians increase spending, but claim that they’re cutting spending because they previously had planned to make government even bigger. The...
