by Dan Mitchell | Jan 11, 2024 | Blogs, Economics, Taxation
There are three reasons to be a knee-jerk supporter of tax cuts (or to be a knee-jerk opponent of tax increases). The morality-driven libertarian argument that people should be able to keep the income they earn.The starve-the-beast...
by Dan Mitchell | Jan 10, 2024 | Big Government, Blogs, Government Spending
Back in 2022, I criticized President Biden because all of his major initiatives were increasing the burden of government spending. And it’s gotten worse since that column. Here’s a partial list of government expansions during the Biden years....
by Dan Mitchell | Jan 9, 2024 | Blogs, Taxation
The Laffer Curve is the common-sense notion that changes in tax rates lead to changes in taxable income. But, as I explain in this clip from a TV program in Hawaii, that doesn’t mean tax cuts “pay for themselves.” Before any readers accuse me of being an...
by Dan Mitchell | Jan 6, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I wrote two months ago that President Ronald Reagan did a good job with regards to government spending. I echoed that sentiment in this recent interview. I’ve tried to show Reagan’s success with various charts (see here, here, here, and here)....
by Dan Mitchell | Jan 1, 2024 | Big Government, Blogs, Education, Government Spending, Welfare and Entitlements
As usual (2023, 2022, 2021, 2020, 2019, 2018, etc), let’s start the year by listing three things I’m hoping for and three things I worry may happen. Let’s start with the potential good news. Here are the three things that plausibly could...
