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Budget Deals Are a Recipe for the Worst Kind of Tax Increases

Budget Deals Are a Recipe for the Worst Kind of Tax Increases

by Dan Mitchell | Nov 14, 2018 | Blogs, Taxation

The most disturbing outcome of the recent mid-term election isn’t that Alexandria Ocasio-Cortez will be a Member of Congress. I actually look forward to that because of the humor value. Instead, with the Democrats now controlling the House of Representatives, I’m more...
More Evidence that Value-Added Taxes Are Money Machines to Finance Bigger Government

More Evidence that Value-Added Taxes Are Money Machines to Finance Bigger Government

by Dan Mitchell | Sep 8, 2018 | Blogs, Taxation, VAT

The value-added tax was first imposed in Europe starting about 50 years ago. Politicians in nations like France approve of this tax because it is generally hidden, so it is relatively easy to periodically raise the rate. And that’s the reason I am vociferously opposed...
Greek Politicians Exacerbate a Spending Problem with Never-Ending Tax Increases

Greek Politicians Exacerbate a Spending Problem with Never-Ending Tax Increases

by Dan Mitchell | Jul 28, 2018 | Big Government, Blogs, Government Spending, Taxation

Shortly after the fiscal crisis began in Greece, I explained that the country got in trouble because of too much government spending. More specifically, I pointed out that the country was violating my Golden Rule, which meant that the burden of spending was rising...

The Unpalatable Consequences of a Nationwide Carbon Tax

by Dan Mitchell | Jul 23, 2018 | Big Government, Blogs, Energy, Taxation

I’ve been writing about proposed carbon taxes since 2012. My message is simple and straightforward. It’s possible to design a carbon tax that is theoretically appealing. Simply use all the revenue to get rid of some other tax that causes greater economic harm, such as...

Academic Studies Confirm that More Money for Politicians = More Corruption

by Dan Mitchell | Jul 21, 2018 | Big Government, Blogs, Taxation

When I argue against tax increases, I generally rely on two compelling points. Higher taxes will undermine prosperity by penalizing productive behavior. More money for politicians will trigger more spending, so red ink will increase. When I argue against...
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