by Dan Mitchell | Mar 15, 2022 | Blogs, States, Taxation
I wrote two months ago about Iowa lawmakers voting for a simple and fair flat tax. I explained how this reform would make the state more competitive, but I want to build upon that argument with some of the Tax Foundation’s data. Starting with this map from...
by Dan Mitchell | Mar 14, 2022 | Big Government, Blogs, Government Spending
Two days ago, I explained that spending caps are better than anti-deficit rules. In this clip from the same panel discussion, I talk about how a spending cap should be designed. The key design issue is how fast spending should increase....
by Dan Mitchell | Feb 25, 2022 | Big Government, Blogs, Europe, Government Spending, Taxation, Welfare and Entitlements
When I compare the United States and Europe, it’s usually because I want to make the point that people on the other side of the Atlantic have lower living standards in large part because there is a more onerous fiscal burden of government. Simply...
by Dan Mitchell | Feb 20, 2022 | Big Government, Blogs, Government Spending
The United States needs a constitutional spending cap, sort of like the “debt brake” that has been producing positive results in Switzerland for the past two decades. Imposing a limit on annual spending increases would be a much-needed...
by Dan Mitchell | Feb 19, 2022 | Big Government, Blogs, Government Spending
Is “austerity” a good thing? Depends on how it is defined. Johan Norberg points out that spending restraint is the right approach. Since I’m a fan of spending restraint, I obviously like the video. But let’s expand on two points. First, the definition of...
