by Dan Mitchell | Jul 21, 2013 | Big Government, Blogs, Economics, Government Spending, Laffer Curve, Taxation
The budget deficit this year is projected to be significantly smaller than it has been in recent years and some of our statist friends claim that this shows the desirability and effectiveness of higher taxes. I’m not persuaded, mostly because our big long-run fiscal...
by Dan Mitchell | Jul 12, 2013 | Big Government, Blogs, Tax Competition, Taxation
I’m thinking of inventing a game, sort of a fiscal version of Pin the Tail on the Donkey. Only the way it will work is that there will be a map of the world and the winner will be the blindfolded person who puts their pin closest to a nation such as Australia or...
by Dan Mitchell | Jun 26, 2013 | Big Government, Blogs, Economics, Tax Competition, Tax Havens, Taxation
In a recent interview with the BBC, I basically accused UK Prime Minister David Cameron of being a feckless and clueless demagogue who is engaged in a desperate effort to resuscitate his political future. I shouldn’t have been so kind. Cameron manages to combine bad...
by Dan Mitchell | Jun 2, 2013 | Blogs, Economics, Laffer Curve
Two of my favorite things in life are the Laffer Curve and the Georgia Bulldogs. So you know I’m going to approve when an economics professor from the University of Georgia writes a column about the power of the Laffer Curve. And since I’m a libertarian and the...
by Dan Mitchell | May 25, 2013 | Blogs, Economics, Laffer Curve
Last month, Amity Shlaes came to Cato to discuss her superb new book about Calvin Coolidge. I heard her discuss the book back in January while participating in Hillsdale College’s conference on the 100th anniversary of the income tax, but the book is so rich with...