by Dan Mitchell | Sep 18, 2022 | Blogs, Taxation
I celebrate when my friends on the left stumble into economic insights. For instance, many of them sound like Milton Friedman when they pontificate in favor of higher tobacco taxes because they want people to smoke fewer cigarettes. As a libertarian, I...
by Dan Mitchell | Sep 12, 2022 | Big Government, Blogs, Europe, Government Spending
Last month, I wrote an article comparing Switzerland’s admirable fiscal policy with the profligate tendencies of other European nations. I included a chart showing that the burden of government spending in Switzerland is far below where...
by Dan Mitchell | Aug 27, 2022 | Big Government, Blogs, Government Spending
Back in March, I explained that a spending cap is desirable, but noted that it’s important to set a limit that actually restrains government spending. I made the same point as part of a recent speech to Hawaii’s Grassroot Institute. My main...
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...