by Dan Mitchell | Sep 23, 2012 | Blogs, Capital Gains, Economics, Laffer Curve, Taxation
One of the principles of good tax policy and fundamental tax reform is that there should be no double taxation of income that is saved and invested. Such a policy promotes current consumption at the expense of future consumption, which is simply an econo-geek way of...
by Dan Mitchell | Aug 31, 2012 | Big Government, Blogs, Economics, Laffer Curve, Taxation
If you live in America and believe in free markets and small government, it’s easy to get depressed. We suffered through eight years of wasteful spending and misguided intervention under Bush, and now we’re enduring four years of additional spending and red tape under...
by Dan Mitchell | Aug 17, 2012 | Big Government, Blogs, Government Spending, Taxation
Every so often, you read something so ridiculously stupid and absurd that you assume that you’re being pranked. So you look to the date of the article to see if it says April 1. Or you look at the Internet address to see if it’s a parody of a real website. So when I...
by Dan Mitchell | Aug 2, 2012 | Blogs, Economics, Laffer Curve, Taxation
Montgomery County in Maryland is not exactly a hotbed of free market thinking or a bastion of limited government. It’s one of the richest counties in the nation, but not because of entrepreneurship and wealth creation. Instead, it’s a bedroom community for over-paid...
by Dan Mitchell | Jul 9, 2012 | Blogs, Economics, Laffer Curve, Taxation
I’m not a big fan of government conspiracy theories, largely because the people in Washington are too bloody incompetent to do anything effectively. Heck, sometimes they can’t even waste money properly even though they have lots of practice. But it recently crossed my...
