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What’s the Half-Life of a “Temporary” Tax Increase?

by Dan Mitchell | Jul 1, 2013 | Blogs, Taxation

Milton Friedman famously noted that, “Nothing is so permanent as a temporary government program”and Ronald Reagan sagely observed that “a government bureau is the nearest thing to eternal life we’ll ever see on this earth.” They’re both right, but they should have...

Europe’s Politicians Learned the Wrong Lesson from Saint Augustine

by Dan Mitchell | Jun 19, 2013 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation

In my never-ending crusade to push for the right kind of austerity, I appeared on RT to pontificate on the merits of limited government. We got to cover a lot of material, so here’s some augmenting material. 1. The right kind of “austerity” is less government...
Siding with the Heritage Foundation in the “Austerity” Fight with Paul Krugman and the Washington Post

Siding with the Heritage Foundation in the “Austerity” Fight with Paul Krugman and the Washington Post

by Dan Mitchell | Jun 17, 2013 | Big Government, Blogs, Economics, Government Spending, Taxation

I’m not reluctant to criticize my friends at the Heritage Foundation. In some cases, it is good-natured ribbing because of the Cato-Heritage softball rivalry, but there are also real policy disagreements. For instance, even though it is much better than current...

Let’s Hope for Heavy Casualties on Both Sides in the War Between the IMF and European Commission

by Dan Mitchell | Jun 11, 2013 | Big Government, Blogs, Economics, Europe, Government Spending, Keynesian, Taxation

It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I imagine lots of people felt the same way when two of the world’s worst murderers, Hitler and Stalin, went to war in 1941. I have...

Rand Paul Debunks the Shameful Demagoguery against Apple

by Dan Mitchell | May 22, 2013 | Blogs, Tax Competition, Taxation

Senator Rand Paul is perhaps even better than I thought he would be. He already is playing a very substantive role on policy, ranging from his actions of big-picture issues, such as his proposed budget that would significantly shrink the burden of government...
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