by Dan Mitchell | Oct 4, 2021 | Blogs, Taxation
There are lots of reasons (here are five of them) to dislike the version of the Biden tax hike that was approved by the tax-writing committee in the House of Representatives. From an economic perspective, it is bad for prosperity to penalize work,...
by Dan Mitchell | Sep 28, 2021 | Big Government, Blogs, Government Spending
Last week, I wrote about a new study which estimates that Biden’s fiscal agenda of bigger government and higher taxes would reduce economic output by about $3 trillion over the next decade. Perhaps more relevant, that foregone economic...
by Dan Mitchell | Sep 24, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
More than 12 years ago, I shared this video containing lots of data and research on the negative relationship between government spending and economic performance. Since then, I’ve share numerous additional studies showing that bigger government dampens...
by Dan Mitchell | Sep 19, 2021 | Blogs, Government Spending
With regards to fiscal policy, part of my mission is to proselytize in favor of lower tax rates and a smaller burden of government spending. But another goal is simply to make sure people understand basic facts about the budget. For instance,...
by Dan Mitchell | Sep 17, 2021 | Big Government, Blogs, Economics, Taxation
The Biden Administration’s approach to tax policy is awful, as documented here, here, here, and here. We’ve now reached the stage where bad ideas are being turned into legislation. Today’s analysis looks at what the House Ways & Means...
