by Dan Mitchell | May 25, 2025 | Big Government, Blogs, Government Spending, Taxation
I admire Ronald Reagan because he walked the walk and talked the talk, which basically means he said the right things and did the right things. Here’s another example of his wisdom. If Reagan’s analysis sounds familiar, it may be because...
by Dan Mitchell | May 22, 2025 | Big Government, Blogs, Taxation, Welfare and Entitlements
Republicans are going to saddle the country with a massive tax increase, and I’m not referring to Trump’s huge protectionist tax increase on American consumers and producers. Instead, I’m referring to my long-held view that a failure to...
by Dan Mitchell | May 12, 2025 | Big Government, Blogs, Government Spending, Taxation
I’ve written several times about the “Austrian School” of economics, but I’ve never written about the economics of Austria. Since I just spoke in Vienna on the topic of that nation’s fiscal policy, this is a good opportunity to make up for the lack of...
by Dan Mitchell | Apr 29, 2025 | Blogs, Taxation
Basic economy theory, depicted by supply-and-demand curves, tells us that taxes will cause “deadweight loss.” This is the economic activity that no longer occurs because taxes creates a wedge between buyers and sellers. And this analysis applies whether...
by Dan Mitchell | Apr 16, 2025 | Big Government, Blogs, Economics, Taxation
Time for another edition of my series on “Fiscal Fights with Friends,” where I debunk supposed conservatives who advocate for statist policies. Today’s topic is tax increases, an issue that I’ve had to address before (examples can be found here, here,...
