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Learning from New Jersey’s Bad Tax Policy

Learning from New Jersey’s Bad Tax Policy

by Dan Mitchell | Mar 4, 2016 | Blogs, Economics, Tax Competition, Taxation

Federalism is a great idea, and not just because America’s Founders wanted a small and limited central government. It’s also a good idea because states are laboratories that teach us about the benefits of good policy and the costs of bad policy. And when we...
Higher Taxes Are a Recipe for Higher Spending, not Lower Debt

Higher Taxes Are a Recipe for Higher Spending, not Lower Debt

by Dan Mitchell | Feb 27, 2016 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation

With both Hillary Clinton and Bernie Sanders agitating for higher taxes (and with more than a few Republicans also favoring more revenue because they don’t want to do any heavy lifting to restrain a growing burden of government), it’s time to examine the real-world...
Beating the VAT Horse Until It’s Dead

Beating the VAT Horse Until It’s Dead

by Dan Mitchell | Feb 15, 2016 | Blogs, Economics, Taxation, VAT

This is a very strange political season. Some of the Senators running for the Republican presidential nomination are among the most principled advocates of smaller government in Washington. Yet all of them have proposed tax plans that, while theoretically far better...
Accelerating on the Path to Greece with Bernie Sanders

Accelerating on the Path to Greece with Bernie Sanders

by Dan Mitchell | Feb 10, 2016 | Big Government, Blogs, Government Spending, Taxation

Remember when I wrote about a week ago that I was somewhat optimistic about entitlement reform? Well, given what just happened in New Hampshire, I must have been smoking crack. It would now be more accurate to say something will happen with entitlements, but it will...
New Obama Budget: The Usual Reckless Spending Hikes…and a Big New Tax on American Energy Consumers

New Obama Budget: The Usual Reckless Spending Hikes…and a Big New Tax on American Energy Consumers

by Dan Mitchell | Feb 9, 2016 | Big Government, Blogs, Energy, Government Spending, Taxation

We have good news and bad news. The good news is that President Obama has unveiled his final budget. The bad news is that it’s a roadmap for an ever-growing burden of government spending. Here are the relevant details. The President wants the federal budget to climb...
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