by Dan Mitchell | Jan 21, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I periodically explain why and how to fix entitlements. Here’s my latest attempt, as part of a conversation with David McIntosh of the Club for Growth. A few months ago, I shared some alarming CBO data about the ever-growing burden...
by Dan Mitchell | Jan 20, 2024 | Blogs, Taxation, VAT
I wrote yesterday to criticize Andrew Biggs of the American Enterprise Institute and Alicia Munnell of Boston College for suggesting a $3 trillion 10-year tax increase on IRAs and 401(k)s. My column explained that more double taxation was a bad idea, and I...
by Dan Mitchell | Jan 15, 2024 | Big Government, Blogs, Government Spending
Earlier this month, I explained that Ronald Reagan deserves praise for shrinking the burden of government spending. Today, starting with this video, let’s add Bill Clinton to the mix and look at how America wound up with budget surpluses in the late 1990s....
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....
