by Dan Mitchell | Aug 12, 2022 | Big Government, Blogs, Taxation
Even though they ostensibly exist to promote economic growth, the International Monetary Fund (IMF) and Organization for Economic Cooperation and Development (OECD) have an unfortunate track record of promoting higher taxes and bigger government. Not that we...
by Dan Mitchell | Aug 5, 2022 | Blogs, Economics, Taxation
Back in 2009, I narrated a video about the downsides of class-warfare tax policy. But if you don’t want to spend eight minutes watching the video (or 14 minutes watching this video), here’s a visual that summarizes why high tax rates discourage...
by Dan Mitchell | Aug 4, 2022 | Big Government, Blogs, Government Spending
I don’t like shoveling more money at a corrupt IRS, hurting jobs with higher taxes on “book income,” price controls on prescription drugs, or green-energy pork. But, as explained in this video clip, the insult added to injury is that the...
by Dan Mitchell | Aug 1, 2022 | Big Government, Blogs, Government Spending
I realize few readers are interested in small, faraway countries. But I periodically write about nations such as Jordan, Cyprus, Latvia, Vanuatu, Panama, and Pakistan because they offer important lessons – mostly negative, but sometimes positive – about fiscal policy....
by Dan Mitchell | Jul 31, 2022 | Big Government, Blogs, Government Spending
One of the best things about 2021 was the fact that Congress did not approve Joe Biden’s economically debilitating plan to raise taxes and expand the welfare state. His so-called Build Back Better plan was a very bad mix of class-warfare tax...
