by Dan Mitchell | Dec 15, 2021 | Big Government, Blogs, Government Spending, Taxation
The fight over President Biden’s budget, the so-called Build Back Better plan, has revolved around very important issues. The adverse impact of expanding the welfare state, particularly the per-child handouts.The anti-growth...
by Dan Mitchell | Dec 6, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
Regarding fiscal policy, almost everyone’s attention is focused on Biden’s growth-sapping plan to increase the burden of taxes and spending. People are right to be concerned. If the President’s plan is approved, the already-grim fiscal outlook for...
by Dan Mitchell | Dec 3, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
Earlier this year, extrapolating from a study by the nonpartisan Congressional Budget Office, Robert O’Quinn (former Chief Economist at the Department of Labor) and I authored a study on the economic impact of Biden’s fiscal plan. The results...
by Dan Mitchell | Nov 10, 2021 | Big Government, Blogs, Taxation, Welfare and Entitlements
Biden’s budget plan is based on fraudulent numbers, but it is also based on the fraudulent idea that a big, European-style welfare state can be financed without fleecing lower-income and middle-class taxpayers. I’ve repeatedly pointed out that this is not...
by Dan Mitchell | Nov 1, 2021 | Blogs, Economics
When President Biden first proposed a global minimum tax on companies, I immediately warned that creating a corporate tax cartel would be very bad news for workers, consumers, and shareholders. I also warned a BBC audience that proponents...
