Explaining in the New York Post Why Obama’s Soak-the-Rich Tax Policy Is Doomed to Failure

by Dan Mitchell | Apr 18, 2012 | Blogs, Economics, Laffer Curve, Taxation

I think high tax rates on certain classes of citizens are immoral and discriminatory. If the government is going to collect revenue, all taxpayers should be treated equally, with something akin to a simple flat tax. But most people don’t seem to care about having the...

Using Labor Department Data to Indict Obama’s Dismal Performance on Jobs

by Dan Mitchell | Apr 6, 2012 | Blogs, Economics

The new unemployment numbers have been released and the White House must be somewhat happy. The joblessness rate is down to 8.2 percent, which means the number that gets the most publicity continues to move in the right direction. I’ve been predicting that Obama will...

President Obama Accuses Bill Clinton of “Thinly Veiled Social Darwinism”

by Dan Mitchell | Apr 4, 2012 | Big Government, Blogs, Government Spending

Actually, Bill Clinton must be something even worse than a social Darwinist. That’s because the title of this post is wrong. Obama said that Paul Ryan’s plan (which allows spending to grow by an average of 3.1 percent per year over the next decade) is a form of...

With Washington Now Imposing the World’s Highest Corporate Tax Rate, Every Day is April Fool’s Day for American Companies

by Dan Mitchell | Apr 1, 2012 | Blogs, Tax Competition, Taxation

Last year, I expressed skepticism that the White House was serious about reducing the corporate tax rate. And, sure enough, when the Obama Administration produced a plan earlier this year, it was a disappointing mix of a few good provisions and several unpalatable...

Should America Copy Europe, as Obama Believes?

by Dan Mitchell | Mar 29, 2012 | Big Government, Blogs, Economics, Government Spending, Regulations, Taxation

Last year, I shared a very amusing Michael Ramirez cartoon showing Obama as the European lemming. Now, Mark Helprin takes a much more serious look at the same issue in the Wall Street Journal, commenting on the wisdom (or lack thereof) of Obama’s interest in the...