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...
by Dan Mitchell | Dec 21, 2023 | Big Government, Blogs, Government Spending
When making the case for spending caps, the best domestic example is Colorado and the best international example is Switzerland. What makes the Swiss example especially persuasive is a comparison over the past 20 years between...
by Dan Mitchell | Dec 20, 2023 | Blogs
Fixing entitlement programs is the the most pressing fiscal need in Washington. In a discussion with the Club for Growth Foundation, I explain that we also need federalism – i.e., shifting programs to the state and local level. At the risk of...
