by Dan Mitchell | May 2, 2023 | Blogs, Tax Competition, Taxation
The economic policy lessons from Latin America are very clear. There’s one unambiguous success story (at least until the past couple of years), one semi-decent success story, and then a bunch of utter failures. What’s interesting (and tragic) is...
by Dan Mitchell | Apr 25, 2023 | Blogs
CF&P has a video on spending caps that focuses on international evidence, such as Switzerland’s debt brake. Here’s a video from the American Legislative Exchange Council that that looks at a successful domestic spending cap – Colorado’s Taxpayer Bill of Rights....
by Dan Mitchell | Apr 21, 2023 | Big Government, Blogs, Economics, Government Spending
I rarely write about the national debt for the simple reason that it is far more important to focus on the burden of government spending. After all, improper spending saps economic vitality, regardless of whether it is financed...
by Dan Mitchell | Apr 19, 2023 | Big Government, Blogs, Government Spending, Taxation
I have been very pessimistic in recent years about the United Kingdom. Now, having just finished giving speeches in Bristol and London, I’m even more pessimistic. The core problem is that the burden of government spending has expanded dramatically in recent...
by Dan Mitchell | Apr 16, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
I have repeatedly pointed out that opponents of entitlement reform support big tax increases. And, as I explain in this segment from a recent presentation, they specifically support tax increases on lower-income and middle-class households. Why do I assert that they...