by Dan Mitchell | Mar 7, 2023 | Big Government, Blogs, Welfare and Entitlements
Which European nation has the costliest welfare state? Greece would be a good guess, but it’s only in second place. At the top of the list, according to OECD data, is France, where government spending consumes nearly 60 percent of the nation’s economic...
by Dan Mitchell | Mar 6, 2023 | Blogs, Tax Competition, Taxation
There’s been great progress in recent years with regards to state tax policy. When I put together my first ranking back in 2018, there were 9 states with flat taxes and and 3 states with low-rate graduated tax systems. Today, there are 11 (soon to...
by Dan Mitchell | Mar 4, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
My Fifteenth Theorem of Government points out there is an “unavoidable choice” between entitlement reform and tax policy. Simply stated, the folks who oppose fixing entitlements – including so-called national conservatives and politicians such...
by Dan Mitchell | Feb 26, 2023 | Big Government, Blogs, Government Spending
In this segment from a December interview, I explain that budget deficits are most likely to produce inflation in countries with untrustworthy governments.* The simple message is that budget deficits are not necessarily inflationary. It depends how budget deficits are...
by Dan Mitchell | Feb 25, 2023 | Big Government, Blogs, Europe, Government Spending, Taxation
What’s the main fiscal and/or economic problem in the European Union? Is it that the burden of taxes and spending is very onerous today?Or is it that the burden of taxes and spending will become more onerous in the future? The easy and correct...
