by Dan Mitchell | Mar 23, 2024 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
I’ve already written two columns (here and here) about why a “bipartisan” budget deal would be a recipe for higher taxes and bigger government. To start our third installment in this series, here’s a clip from my recent appearance on Vance Ginn’s Let People...
by Dan Mitchell | Mar 12, 2024 | Big Government, Blogs, Government Spending, Taxation
I wrote yesterday to announce my new book on America’s fiscal crisis. Today, let’s look at how Joe Biden’s new budget will make that bad problem even worse. I’m going to start with two charts. The first one shows that government spending in recent years has...
by Dan Mitchell | Feb 28, 2024 | Big Government, Blogs, Government Spending, Taxation, Uncategorized
As clearly shown by the Congressional Budget Office, America’s long-run fiscal challenge is an ever-growing burden of federal spending. Particularly entitlement programs. Moreover, because the tax burden is projected to gradually increase...
by Dan Mitchell | Feb 18, 2024 | Blogs, Tax Competition, Tax Harmonization, Taxation
I support tax competition because it is our best hope of avoiding “goldfish government.” As such, I’m very opposed to tax harmonization schemes, all of which are designed to make it easier for politicians to impose higher tax burdens. . That’s why...
by Dan Mitchell | Feb 1, 2024 | Blogs, Taxation
By providing bailouts to profligate governments, the International Monetary Fund creates “moral hazard” and thus does considerable damage to the global economy. To make matters worse, the IMF pressures those profligate...