by Dan Mitchell | Jan 27, 2012 | Blogs, Economics, Tax Competition, Taxation
President Obama’s two biggest “achievements” since taking office are the so-called stimulus and government-run healthcare. But neither one of those policies are popular, so the President largely ignored them during his state-of-the-union address and instead focused on...
by Dan Mitchell | Jan 21, 2012 | Big Government, Blogs, Economics, Government Spending, Laffer Curve, States, Taxation
Two days ago, I explained that tax increases are bad policy. More specifically, I warned that giving more money to government exacerbates fiscal problems because politicians respond to the expectation of more revenue by spending more than otherwise would be the case....
by Dan Mitchell | Jan 20, 2012 | Big Government, Blogs, Government Spending, Taxation
I don’t blame the Democrats for wanting to seduce Republicans into a tax-increase trap. Indeed, I completely understand why some Democrats said their top political goal was getting the GOP to surrender the no-tax-hike position. I’m mystified, though, why some...
by Dan Mitchell | Jan 7, 2012 | Big Government, Blogs, Bureaucracy, States
When I read the story from England about needing photo ID to buy teaspoons, I thought British bureaucrats built an insurmountable lead in the U.S. vs. U.K. contest for stupidest government action. But I should have had more faith in the hare-brained politicians of...
by Dan Mitchell | Nov 15, 2011 | Big Government, Blogs
I’ve already commented on some of the sleazy behavior that infects Chicago politics. Now we have a jaw-dropping example of what’s wrong with the state of Illinois, as explained by Bill McGurn of the Wall Street Journal. Soon the Illinois state legislature will meet in...