by Dan Mitchell | Apr 30, 2016 | Blogs, Economics, Health Care, Taxation
What’s the worst loophole (properly defined) in the cluttered internal revenue code? I think the deduction for state and local taxes is very bad policy since it enables higher tax burdens in states such as California, New Jersey, and Illinois. The exemption for...
by Dan Mitchell | Apr 25, 2016 | Big Government, Blogs, Economics, Health Care
The ongoing cluster-you-know-what of Obamacare is a source of unhappy satisfaction. Part of me is glad the law is such a failure, but it’s tragic that millions of people aresuffering adverse consequences. These are folks who did nothing wrong, but now are paying more,...
by Dan Mitchell | Feb 21, 2016 | Blogs, Health Care
I wrote last June about an unfortunate British guy who, after his leg was broken by thieves, was told by the government that his injury wasn’t serious enough for an ambulance. The poor chap eventually was driven home by some cops and then had to take an Uber to the...
by Dan Mitchell | Jan 13, 2016 | Blogs, Economics, Health Care
Even before it was enacted, it was obvious that Obamacare was going to have a negative economic impact. From a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of government. From a regulatory...
by Dan Mitchell | Jan 1, 2016 | Big Government, Blogs, Government Spending, Health Care, Taxation, VAT
What were the most noteworthy events from 2015? Regarding bad news, there’s unfortunately a lot of competition. But if I’m forced to pick the very worst developments, here’s my list. Resuscitation of the Export-Import Bank – I did a premature victory dance last year...
