by Dan Mitchell | Oct 20, 2023 | Big Government, Blogs, Government Spending
Washington has a spending addiction. And it’s bipartisan. To understand the magnitude of the problem, let’s look at how fast taxes and spending have increased this century compared to population plus inflation. There are two obvious takeaways from this data....
by Dan Mitchell | Oct 14, 2023 | Big Government, Blogs, Government Spending, States
Every year, I highlight the most important ballot initiative or referendum. In 2022, Massachusetts voters tragically voted to replace the state’s flat tax with a system based on class warfare.In 2021, voters in the state of Washington...
by Dan Mitchell | Oct 13, 2023 | Big Government, Blogs, Government Spending
Since I’m a big fan of spending caps in Switzerland and Colorado, I’m always on the lookout for research and analysis about fiscal rules. For instance, there are pro-spending-cap studies from left-leaning bureaucracies such as the...
by Dan Mitchell | Oct 11, 2023 | Big Government, Blogs, Taxation
Paul Krugman isn’t always wrong. A few years ago, for instance, he admitted the Laffer Curve is real. And he even once wrote something sensible about tax policy. But those are the exceptions. His usual routine is to pontificate in favor of bigger...
by Dan Mitchell | Oct 7, 2023 | Big Government, Blogs, Government Spending, Taxation
I’ve been warning for many years (including less than two weeks ago) that it would be a big mistake to have a “grand bargain” budget deal that includes tax increases. This is not because of math. It is possible, of course, to have an acceptable...
