by Dan Mitchell | Aug 29, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
Scandinavian countries have very unusual economic policy. They are very free market-oriented with regards to most types of economic policy. The glaring exception is fiscal policy, where these nations get very low scores. The burden of...
by Dan Mitchell | Aug 23, 2023 | Blogs, Taxation, Trade
When President Biden proposed a 10-year tax hike of about $3 trillion in 2021, I was very critical. But my hostility was not because Biden is a Democrat. I’ve also condemned Republicans who support higher taxes...
by Dan Mitchell | Jul 3, 2023 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
The economic analysis of taxation has plenty of jargon, statistical analysis, and complicated graphs, which can make it seem very mysterious to ordinary people. But the core principles are actually very easy to understand. Simply stated,...
by Dan Mitchell | Jun 29, 2023 | Big Government, Blogs, Government Spending, Taxation
The Congressional Budget Office has released its new Long-Term Budget Outlook and I will continue a now-annual tradition (see 2018, 2019, 2020, 2021, 2022) of sharing some very bad news about America’s fiscal future. Here’s the most...
by Dan Mitchell | May 31, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
In a just-released interview with John Stossel, I discuss how the United States faces an entitlement crisis that will result in massive tax increases on poor and middle-class households. Or worse. As explained in the video, there are some unavoidable facts that need...
