by Dan Mitchell | Sep 22, 2012 | Big Government, Blogs, Europe, Taxation
I realize it’s wrong, but I can’t help cheering for France’s socialist president. Francois Hollande seems determined to raise every tax, expand every program, and augment every bit of red tape that afflicts the French economy. I fully expect this to end poorly, but at...
by Dan Mitchell | Sep 13, 2012 | Blogs, Europe, Tax Competition, Taxation
Ayn Rand’s famous novel, Atlas Shrugged, tells the story of what happens when society’s most productive people go on strike because they don’t want to subsidize the looters and moochers. I won’t give away the plot, but one interesting twist in the story is when...
by Dan Mitchell | Jun 27, 2012 | Big Government, Blogs, Europe, Taxation
Being a libertarian, I’m used to disappointment. So when something actually goes according to plan, I get very happy. On that basis, I should be utterly and deliriously overjoyed about my endorsement of Francois Hollande to be President of France. I wanted him to...
by Dan Mitchell | Jun 22, 2012 | Blogs, Economics, Europe, Laffer Curve
Every day brings more and more evidence that Obamanomics is failing in Europe. I wrote some “Observations on the European Farce” last week, but the news this morning is even more surreal. Let’s start with France, where I endorsed the explicit socialist over the...
by Dan Mitchell | Jun 19, 2012 | Big Government, Blogs, Government Spending, Taxation
To answer the question in the title, it means you need to read the fine print. This is because we have a president who thinks the government shouldn’t confiscate more than 20 percent of a company’s income, but he only gives that advice when he’s in Ghana. And the same...