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In the OECD’s Fantasy World, Higher Business Taxes and more Government Spending Are Good for Growth

by Dan Mitchell | Jan 5, 2014 | Blogs, Tax Competition, Tax Harmonization, Taxation

Over the years, I’ve shared some ridiculous arguments from our leftist friends. Paul Krugman, for instance, actually wrote that “scare stories” about government-run healthcare in the United Kingdom “are false.” Which means I get to recycle that absurd quote every time...

A Victory for the IMF…and a Defeat for Good Fiscal Policy

by Dan Mitchell | Dec 22, 2013 | Big Government, Blogs, Taxation

It’s not easy being a libertarian, particularly if you follow public policy. Thomas Jefferson almost certainly was right when he wrote that “The natural progress of things is for liberty to yield, and government to gain ground.” Heck, just look at how small government...

Ryan-Murray Budget Deal Replaces Real Spending Restraint of Sequester with Budget Gimmicks and Back-Door Tax Hikes

by Dan Mitchell | Dec 12, 2013 | Big Government, Blogs, Economics, Government Spending, Taxation

How Disappointing, but how predictable. Politicians approved legislation in 2011 that was supposed to impose a modest bit of spending restraint over the next 10 years. It wasn’t much. The enforcement mechanism, known as sequestration, merely was supposed to guarantee...

The “Stupid Party” Strikes Again: Congressional Republicans Poised to Give Up Sequester Victory

by Dan Mitchell | Dec 7, 2013 | Big Government, Blogs, Government Spending, Taxation

There’s a saying in the sports world about how last-minute comebacks are examples of “snatching victory from the jaws of defeat.” I don’t like that phrase because it reminds me of the painful way my beloved Georgia Bulldogs were defeated a couple of weeks ago by...

New York City Is About to Become New France

by Dan Mitchell | Nov 7, 2013 | Big Government, Blogs, States, Tax Competition, Taxation

We know that countries suffer when taxes get too high, in part because investors, entrepreneurs, and other successful taxpayers escape to jurisdiction with less oppressive fiscal regimes. France is a glaring example. On steroids. We know that states also suffer when...
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