by Dan Mitchell | Aug 2, 2017 | Big Government, Blogs, Taxation
The internal revenue code is a reprehensible mess that torments taxpayers and undermines American competitiveness. The good news is that Americans don’t like the tax system. The bad news is that they don’t dislike it nearly as much as they should. At least in my...
by Dan Mitchell | Jul 11, 2017 | Blogs, Taxation
If you want to see a bunch of hypocritical leftists squirming with embarrassment, there’s a very clever video showing what happens when a bunch of pro-tax hike millionaires are asked to voluntarily pay more money to the IRS. I’ve even debated some of these rich,...
by Dan Mitchell | Jul 8, 2017 | Big Government, Blogs, States, Taxation
Here’s what I wrote last month about the fiscal situation in Illinois. Illinois is a mess. Taxes and spending already are too high, and huge unfunded liabilities point to an even darker future. Simply stated, politicians and government employee unions have created an...
by Dan Mitchell | Jul 7, 2017 | Blogs, Economics, Laffer Curve, States, Taxation
Back at the end of April, President Trump got rolled in his first big budget negotiation with Congress. The deal, which provided funding for the remainder of the 2017 fiscal year, was correctly perceived as a victory for Democrats. How could this happen, given that...
by Dan Mitchell | Jun 21, 2017 | Blogs, Economics, States, Taxation
Leftists don’t have many reasons to be cheerful. Global economic developments keep demonstrating (over and over again) that big government and high taxes are not a recipe for prosperity. That can’t be very encouraging for them. They also can’t be very happy about the...
