by Dan Mitchell | Jul 27, 2011 | Blogs, Taxation
I testified earlier today before the Joint Economic Committee about budget process reform. As part of the Q&A session after the testimony, one of the Democratic members made a big deal about the fact that federal tax revenues today are “only” consuming about 15...
by Dan Mitchell | Jun 30, 2011 | Big Government, Blogs, Economics, Taxation
e left is desperately trying to maneuver Republicans into going along with a tax increase. And they are smart to make this their top goal. After all, it will be very difficult – if not impossible – to increase the burden of government spending without more revenue...
by Dan Mitchell | Jan 7, 2011 | Big Government, Blogs, Government Spending, Health Care, Taxation
Grousing about the GOP’s timidity in the battle against big government will probably become an ongoing theme over the next few months, and let’s start with two items that don’t bode well for fiscal discipline. First, it appears that Republicans didn’t really mean it...
by Dan Mitchell | Sep 30, 2010 | Big Government, Blogs, Government Spending, Taxation
While I’m glad Republicans are finally talking about smaller government, I’ve expressed some disappointment with the GOP Pledge to America. Why “reform” Fannie and Freddie, I asked, when the right approach is to get the government completely out of the housing sector....
by Dan Mitchell | Aug 29, 2010 | Blogs, Economics, Taxation
I know I’ve beaten this drum several times before, but the Wall Street Journal today has a very good explanation of why class-warfare tax policy will backfire. The Journal’s editorial focuses on what happened after the 2003 tax rate reductions. And below the excerpt,...
