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Illinois Downgrade Provides More Evidence that Higher Taxes Make Fiscal Problems Worse, not Better

by Dan Mitchell | Jan 20, 2012 | Big Government, Blogs, Government Spending, Taxation

I don’t blame the Democrats for wanting to seduce Republicans into a tax-increase trap. Indeed, I completely understand why some Democrats said their top political goal was getting the GOP to surrender the no-tax-hike position. I’m mystified, though, why some...
New Evidence from Japan Shows Why Romney’s Interest in a Value-Added Tax Is so Troubling

New Evidence from Japan Shows Why Romney’s Interest in a Value-Added Tax Is so Troubling

by Dan Mitchell | Jan 16, 2012 | Big Government, Blogs, Europe, Government Spending, Taxation, VAT

In a recent column for the Wall Street Journal, I explained why Mitt Romney’s interest in a value-added tax is deeply troubling. One of my key points was that the VAT is a money machine for big government. But don’t believe me. Look at Japan, where the politicians see...

Austan Goolsbee’s Budget Math Is Wrong – More than 100 Percent of Long-Term Fiscal Challenge Is Government Spending

by Dan Mitchell | Jan 8, 2012 | Big Government, Blogs, Government Spending, Taxation

Austan Goolsbee, the former Chairman of President Obama’s Council of Economic Advisers, has a column in the Wall Street Journal that argues government spending isn’t too high. That’s obviously a silly assertion, as I explain here, here, and here, but I want to focus...
New Evidence from Japan Shows Why Romney’s Interest in a Value-Added Tax Is so Troubling

Mitt Romney, the Value-Added Tax, and America’s European Future

by Dan Mitchell | Jan 4, 2012 | Big Government, Blogs, Taxation, VAT

My Iowa caucus predictions from yesterday were hopelessly wrong, probably because I was picking with my heart rather than my head. As I noted a couple of weeks ago, Mitt Romney’s openness to a value-added tax makes him a dangerously flawed candidate, and I hoped Iowa...

Spain’s New Government Has Already Betrayed Taxpayers

by Dan Mitchell | Jan 3, 2012 | Big Government, Blogs, Taxation

Late last year, Spanish voters kicked out a socialist government and elected a new government led by the supposedly conservative People’s Party. Is that translating into smaller government and more freedom? Doesn’t look that way. It seems that Spanish right-of-center...
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