by Dan Mitchell | Feb 13, 2013 | Big Government, Blogs, Government Spending, Taxation, VAT
The value-added tax is a pernicious levy. It’s basically a hidden form of national sales tax, imposed every time a transaction occurs at any stage of the production process. But what irks me about the VAT is not its design (indeed, it shares some key characteristics...
by Dan Mitchell | Feb 11, 2013 | Big Government, Blogs, Government Spending
The looters and moochers in Washington are increasingly agitated by the prospect of sequestration. Automatic budget cuts, we are told, will indiscriminately slash vital programs and undermine economic growth by reducing government spending. This is utter bunk. I would...
by Dan Mitchell | Feb 7, 2013 | Big Government, Blogs, Government Spending, Taxation
To save America from the supposedly “savage” and “draconian” budget cuts caused by sequestration, President Obama has instead asked Congress to approve an alternative fiscal package containing additional tax increases. So why is the sequester so bad? Does it slash the...
by Dan Mitchell | Feb 3, 2013 | Big Government, Blogs, Government Spending, Taxation
What’s the worst thing about Delaware? No, not Joe Biden. He’s just a harmless clown and the butt of some good jokes. Instead, the so-called First State is actually the Worst State because 100 years ago, on this very day, Delaware made the personal income tax possible...
by Dan Mitchell | Jan 31, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian
Fighting against statism in Washington is a lot like trying to swim upstream. It seems that everything (how to measure spending cuts, how to estimate tax revenue, etc) is rigged to make your job harder. A timely example is the way the way government puts together data...
