by Dan Mitchell | Jan 26, 2023 | Big Government, Blogs, Government Spending, Taxation
When leftists (or misguided rightists) tell me that Americans are under-taxed and that the government has lots of red ink because of insufficient revenue, I sometimes will direct them to the Office of Management and Budget’s Historical...
by Dan Mitchell | Jan 23, 2023 | Blogs, Taxation
It’s fun to write about big-picture issues such as tax reform (for instance, should we have a flat tax or national sales tax?). It’s also fun to write about contentious issues such as whether there should be tax increases or whether the tax code should be based on...
by Dan Mitchell | Jan 22, 2023 | Big Government, Blogs, Government Spending
Back in 2016, here’s what I said about the debt limit during some congressional testimony (and I made very similar points in some 2013 testimony). Near the end of my testimony (about 4:55) I discuss “prioritization,” which is what would happen if the debt limit is not...
by Dan Mitchell | Jan 21, 2023 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Copying some self-styled national conservatives, Donald Trump this week endorsed major tax increases on lower-income and middle-class Americans. But he embraced huge tax increases in an indirect fashion. He did not say “let’s adopt money-siphoning value-added taxes”...
by Dan Mitchell | Jan 19, 2023 | Big Government, Blogs, Government Spending
It is an understatement to declare that fiscal policy in France is terrible. The highest burden of government spending in Europe.The third-highest level of pension spending in the OECD.One of the biggest long-run fiscal...