by Dan Mitchell | Nov 28, 2025 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
I often get asked when the United States will suffer a Greek-style fiscal crisis. My answer is always “I don’t know,” though I freely admit we are heading in that direction. My lack of specificity isn’t merely because economists are lousy...
by Dan Mitchell | Nov 27, 2025 | Big Government, Blogs, Flat Tax, Government Spending, Taxation
I normally have a Thanksgiving-themed column every year (2024, 2023, 2022, etc, etc), but I just saw something so irritating from the pro-tax crowd at the International Monetary Fund (IMF) that I’m going to break with tradition....
by Dan Mitchell | Nov 25, 2025 | Big Government, Blogs, Government Spending
Two months ago, I wrote a column about Italy’s fiscal deterioration and included a chart showing the country moving in the wrong direction, both in the past few years as well as since the turn of the century. Let’s now do the same thing, based on IMF...
by Dan Mitchell | Nov 24, 2025 | Blogs, Tax Competition, Taxation
In Part I of this series last year, we started with a table looking at the degree to which successful people were leaving some countries and moving to others. Let’s start Part II with a look at a map showing how much money they are...
by Dan Mitchell | Nov 21, 2025 | Blogs, Economics, Taxation
Honest leftists (the “Okunites“) generally acknowledge that laissez-faire policies deliver more growth, but they nonetheless favor high taxes and redistribution because they argue that social equality matters a lot. However, according to this chart, there’s...
