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Obama’s Budget Plan: Class-Warfare Tax Policy and Bureaucrat-Controlled Health Care

by Dan Mitchell | Apr 14, 2011 | Big Government, Blogs, Economics, Taxation

President Obama didn’t offer a budget plan yesterday. The White House hasn’t released anything beyond a set of talking points. But that’s not terribly surprising since his speech was really the opening salvo of his 2012 reelection fight. And it’s clear that a central...

Obama’s Tax Increase Trigger: Punishing Taxpayers with Automatic Tax Hikes When Politicians Overspend

by Dan Mitchell | Apr 13, 2011 | Big Government, Blogs, Government Spending, Taxation

Responding to widespread criticism of his AWOL status on the budget fight, President Obama today unveiled a fiscal plan. It already is being criticized for its class warfare approach to tax policy, but the most disturbing feature may be a provision that punishes the...

Senator Corker’s CAP Act: A Better Version of Gramm-Rudman to Reduce the Burden of Government

by Dan Mitchell | Apr 4, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation

This Thursday, April 7, Senator Corker of Tennessee will be the opening speaker at the Cato Institute’s conference on “The Economic Impact of Government Spending” (an event that is free and open to the public, so register here if you want to attend). The Senator will...

Yet Another Scheme to Fleece (and Monitor) Americans: A Tax on “Miles Driven”

by Dan Mitchell | Mar 25, 2011 | Big Government, Blogs, Taxation

I commented yesterday about the silly idea, being promoted by a few politicians, to impose a tax on toilet paper. That post mostly was an opportunity to have some fun mocking greedy government because even a dour pessimist like me doesn’t expect that idea to get very...

Norquist Is Right and Coburn Is Wrong: Tax Increases Will Lead to More Spending, Not Lower Deficits

by Dan Mitchell | Mar 11, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation

There’s a significant debate now taking place in Washington – largely behind closed doors, but sometimes covered by the media – on whether fiscal conservatives should maintain a rigid no-tax-increase position. One side of the debate features Grover Norquist of...
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