by Dan Mitchell | Oct 16, 2013 | Blogs, Economics, Taxation
If there was a special award for chutzpah, the easy winner would be the bureaucrats at the International Monetary Fund. These pampered bureaucrats get lavishly compensated and don’t have to pay tax on their bloated salaries. You would think this would make them a bit...
by Dan Mitchell | Jun 22, 2012 | Blogs, Economics, Europe, Laffer Curve
Every day brings more and more evidence that Obamanomics is failing in Europe. I wrote some “Observations on the European Farce” last week, but the news this morning is even more surreal. Let’s start with France, where I endorsed the explicit socialist over the...
by Dan Mitchell | May 31, 2012 | Blogs, Taxation
I’m not a big fan of international bureaucracies, mostly because they always seem to promote bad policy such as higher tax rates. The International Monetary Fund is urging higher tax rates and pushing for nations to replace flat tax systems with so-called progressive...
by Dan Mitchell | May 28, 2012 | Big Government, Blogs, Government Spending
I don’t like the international bureaucrats at the IMF, and I don’t like the corrupt politicians of Greece, so for whom do I cheer if there’s a fight between those two groups? Ideally, both sides will lose (which is also my view of the European fight between Keynesians...
by Dan Mitchell | Mar 7, 2012 | Bailouts, Big Government, Blogs, Government Spending
In a grand Washington tradition, I periodically make imperious demands. In the past year or two, I’ve issued the following ultimatums to the GOP. o No tax increases, since more money for Washington will encourage a bigger burden of government and undermine prosperity....
