by Dan Mitchell | Nov 8, 2010 | Blogs, Taxation
The White House recently released a video, narrated by Austan Goolsbee of the Council of Economic Advisers, asserting that higher tax rates on the so-called rich would be a good idea. Since Goolsbee’s video made so many unsubstantiated assertions and was guilty of so...
by Dan Mitchell | Oct 8, 2010 | Big Government, Blogs, Government Spending, Tax Competition, Taxation
Even though he’s allowing the budget to grow twice as fast as inflation, some people seem to think the new U.K. Prime Minster is a fiscal conservative. I’m skeptical. Not only is spending rising much too fast (there are promises of more restraint in the future, but...
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 | Sep 8, 2010 | Blogs, Taxation
Here’s a clever video produced by the Winston Group, comparing the tax policies of two Democratic Presidents. Having previously highlighted Kennedy’s tax-cutting approach, it is painful for me to observe the class warfare approach of the Obama Administration. What’s...
by Dan Mitchell | Aug 29, 2010 | Blogs, Taxation
In the private sector, no business owner would be dumb enough to assume that higher prices automatically translate into proportionately higher revenues. If McDonald’s boosted hamburger prices by 30 percent, for instance, the experts at the company would fully expect...