by Dan Mitchell | Jan 13, 2022 | Big Government, Blogs, Government Spending, Taxation
As part of a recent discussion with Gene Tunny in Australia, I explained why I support “Starve the Beast,” which means keeping taxes as low as possible to help achieve the goal of spending restraint. The premise of Starve the Beast is very simple. Politicians like to...
by Dan Mitchell | Dec 15, 2021 | Big Government, Blogs, Government Spending, Taxation
The fight over President Biden’s budget, the so-called Build Back Better plan, has revolved around very important issues. The adverse impact of expanding the welfare state, particularly the per-child handouts.The anti-growth...
by Dan Mitchell | Dec 6, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
Regarding fiscal policy, almost everyone’s attention is focused on Biden’s growth-sapping plan to increase the burden of taxes and spending. People are right to be concerned. If the President’s plan is approved, the already-grim fiscal outlook for...
by Dan Mitchell | Nov 27, 2021 | Big Government, Blogs, Government Spending
Nearly 10 years ago, I shared some data to show how a Swiss-style spending cap would have prevented some of the excess spending of the Bush and Obama years. Trillion-dollar deficits would have been avoided. But, more...
by Dan Mitchell | Nov 23, 2021 | Big Government, Blogs, Government Spending
In my column yesterday about state tax systems, I specifically noted that North Carolina has been making big improvements. Not only did the state shift to a flat tax a few years ago, it recently voted to lower the rate from 5.25 percent...
