by Dan Mitchell | Oct 2, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Mostly because of an aging population, entitlement spending in the United States is projected to become a much bigger burden. Without reform of those programs, the U.S. within a few decades will have a European-sized level of government spending....
by Dan Mitchell | Sep 28, 2023 | Blogs, Education, Taxation
I wrote more than four years ago about a misguided soda tax in Philadelphia. This video from John Stossel updates us on what’s happened. As usual, John makes good points I’m especially amazed that he was able to get an overpaid local politician to go on camera to...
by Dan Mitchell | Sep 27, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Even though America’s long-run fiscal outlook is very grim, I wrote a two-part series earlier this year (here and here) to explain why the situation is not hopeless. First and foremost, I noted that the only good solution is long-run spending...
by Dan Mitchell | Sep 15, 2023 | Big Government, Blogs, Government Spending, Taxation
I’ve been very critical of big-spending Republicans like Trump for two reasons. First, bigger government saps economic vitality by diverting resources from the economy’s productive sector.Second, bigger government sooner or...
by Dan Mitchell | Sep 1, 2023 | Blogs, Taxation
I wrote in 2017 that class warfare in the 1950s did not work because well-to-do taxpayers could choose to earn less, evade taxes, or avoid taxes. In this video, Brian Domitrovic elaborates on the failure of confiscatory tax rates. Let’s dig deeper...
