by Dan Mitchell | Dec 21, 2010 | Big Government, Blogs, Economics, Tax Competition, Taxation
The Oregon Ducks will compete for the national championship early next month, so they’ve had a good season. Unfortunately, Oregon’s government isn’t doing nearly so well. Politicians approved a big tax hike on those bad, evil rich people in 2009, and Oregon’s...
by Dan Mitchell | Dec 9, 2010 | Big Government, Blogs, Taxation
I debated a couple of pro-tax increase folks on the Diane Rehm show Monday. If you have a spare 51 minutes and want to hear me spar with Alice Rivlin and David Walker on National Public Radio, you can listen to the discussion by clicking this link. Feedback actually...
by Dan Mitchell | Dec 6, 2010 | Big Government, Blogs, Government Spending, Taxation
In his latest Bloomberg column, Kevin Hassett of the American Enterprise Institute notes that research from places such as Harvard and the International Monetary Fund confirms that spending restraint is the way to successfully reduce red ink – and it’s also the way to...
by Dan Mitchell | Dec 4, 2010 | Blogs, Economics, Taxation
Much to my surprise, Senate Republicans held firm earlier today and blocked President Obama’s soak-the-rich proposal to raise tax rates next year on investors, entrepreneurs, and small business owners. I fully expected that GOPers would fold on this issue several...
by Dan Mitchell | Dec 1, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation
The Chairmen of President Obama’s Fiscal Commission have a new draft proposal that is filled, according to Reuters, with “sharp spending and benefit cuts.” That’s music to my ears, so I quickly flipped to the back of the report in hopes of finding hard numbers showing...