by Dan Mitchell | Feb 7, 2013 | Big Government, Blogs, Government Spending, Taxation
To save America from the supposedly “savage” and “draconian” budget cuts caused by sequestration, President Obama has instead asked Congress to approve an alternative fiscal package containing additional tax increases. So why is the sequester so bad? Does it slash the...
by Dan Mitchell | Feb 5, 2013 | Big Government, Blogs, Taxation
Those of you old enough to remember the Cold War may remember something called the Brezhnev Doctrine. This was the rule concocted by the Soviet tyrants that basically said a nation could never regain freedom once it fell under communist rule. In my simple way of...
by Dan Mitchell | Feb 1, 2013 | Blogs, Economics, Laffer Curve, Taxation
Daniel Hannan is a member of the European Parliament from England. He is one of the few economically sensible people in that body, as demonstrated in these short clips of him speaking about tax competition and deriding the European Commission’s corrupt racket. And as...
by Dan Mitchell | Jan 22, 2013 | Blogs, Economics, Laffer Curve, Taxation
I’ve already condemned the foolish people of California for approving a referendum to raise the state’s top tax rate to 13.3 percent. This impulsive and misguided exercise in class warfare surely will backfire as more and more productive people flee to other states –...
by Dan Mitchell | Jan 21, 2013 | Uncategorized
Texas is in much better shape than California. Taxes are lower, in part because Texas has no state income tax. No wonder the Lone Star State is growing faster and creating more jobs. And the gap will soon get even wider since California voters recently decided to...
