by Dan Mitchell | Dec 2, 2017 | Big Government, Blogs, Government Spending, Taxation
Since the House has passed a tax cut and the Senate has passed a tax cut, it’s quite likely that there will be a consensus deal that will be signed into law. Which makes me happy since any agreement presumably will include a lower corporate tax rate and...
by Dan Mitchell | Nov 28, 2017 | Big Government, Blogs, Government Spending, Taxation
I’ve been grousing all year that tax cuts and tax reform are jeopardized by the failure to restrain the growth of federal spending. At the start of the year, I pointed out that it would be possible to both balance the budget and approve a $3 trillion tax...
by Dan Mitchell | Oct 28, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’ve responded to all sorts of arguments against lower taxes. Tax cuts are “unfair” because rich people will benefit. Tax cuts are wrong because revenue should be going up, not down. Tax cuts are pointless because the economy won’t grow faster. Tax cuts are misguided...
by Dan Mitchell | Oct 24, 2017 | Big Government, Blogs, Economics, Government Spending
Back in 2013, I did an assessment of economic policy changes that occurred during the Clinton Administration. The bottom line was that the overall burden of government declined by a semi-significant amount. Which presumably helps to explain why the economy enjoyed...
by Dan Mitchell | Oct 22, 2017 | Big Government, Blogs, Economics, Government Spending, Taxation
The cossetted bureaucrats at the International Monetary Fund are on a roll. In the past few months, they’ve published reports pushing a very misguided and statist agenda. In June, I wrote about the IMF pushing a theory that higher taxes would improve growth in the...
