by Dan Mitchell | May 26, 2019 | Blogs, Economics, Taxation
Earlier today at the Friedman Conference in Australia, I spoke on the proper design of a tax system. My goal was to explain the problem of double taxation. I’ve repeatedly shared a flowchart to illustrate the pervasive double taxation in the current system (my example...
by Dan Mitchell | May 25, 2019 | Big Government, Blogs, Economics, Government Spending
As part of today’s sessions at the Friedman conference in Australia, I got to listen to Professor Tony Makin talk about the burden of government spending in Australia. I want to share several of his slides since he made some very cogent points. First, he pointed out...
by Dan Mitchell | May 22, 2019 | Blogs, Taxation
With two dozens candidates in the race, it’s not feasible to review the fiscal and economic plans of every potential nominee for the Democratic Party. But that doesn’t mean I’ll be silent. I’ve written several times about Crazy Bernie’s agenda, and I’ve recently...
by Dan Mitchell | May 15, 2019 | Big Government, Blogs, Government Spending
Earlier this year, I reviewed new fiscal projections from the Congressional Budget Office (CBO) and showed that balancing the budget would be relatively easy if politicians simply limited spending so that it didn’t grow faster than inflation. Though I made sure to...
by Dan Mitchell | May 4, 2019 | Big Government, Blogs, Government Spending
Back in April, I observed that, “If you would have loudly condemned a policy under Obama but support a similar policy under Trump, you’re the problem.” We now have a good test case. The President already has demonstrated – repeatedly – that he likes to spend other...