by Dan Mitchell | Mar 8, 2023 | Big Government, Blogs, Taxation
The combination of demographic change and poorly designed entitlement programs is producing an ever-increasing burden of federal spending. In my Twelfth Theorem of Government, I pointed out that this inevitably will mean big tax increases on...
by Dan Mitchell | Mar 4, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
My Fifteenth Theorem of Government points out there is an “unavoidable choice” between entitlement reform and tax policy. Simply stated, the folks who oppose fixing entitlements – including so-called national conservatives and politicians such...
by Dan Mitchell | Feb 25, 2023 | Big Government, Blogs, Europe, Government Spending, Taxation
What’s the main fiscal and/or economic problem in the European Union? Is it that the burden of taxes and spending is very onerous today?Or is it that the burden of taxes and spending will become more onerous in the future? The easy and correct...
by Dan Mitchell | Feb 19, 2023 | Big Government, Blogs, Taxation
Yesterday’s column reviewed a new report from the International Monetary Fund and criticized that bureaucracy for celebrating how the world’s most-powerful governments are going to take more money from the private sector thanks to a corporate tax cartel. But that’s...
by Dan Mitchell | Feb 18, 2023 | Blogs, Tax Competition, Tax Harmonization, Taxation
Thanks in large part to the pro-growth agendas of Margaret Thatcher and Ronald Reagan, but also giving credit to policymakers in nations like Ireland and Switzerland, businesses (and their workers, consumers, and shareholders) have...
