by Dan Mitchell | Oct 26, 2011 | Blogs, Taxation, VAT
The Secretary of the Treasury, Tim Geithner, is infamous for conveniently forgetting to pay tax on $80,000 of income and then getting kid-glove treatment from the IRS when his crime was uncovered. Not only did Geithner avoid even a slap on the wrist, he was confirmed...
by Dan Mitchell | Oct 18, 2011 | Big Government, Blogs, Economics, Government Spending
Sounds like the beginning of a joke, sort of like, “A priest, a rabbi, and a minister walk into a bar…” But I have a serious point to make. I’m currently in Anguilla (yes, this is just one of the sacrifices I make in the fight for liberty), where I just gave a speech...
by Dan Mitchell | Oct 7, 2011 | Big Government, Blogs, Taxation
I’m not sure why it has become my job to defend Grover Norquist from attacks, but I’ve done it before and now it’s time to do it again. But I’m not really defending Grover. Instead, I’m defending the wisdom and value of Grover’s no-tax-hike pledge. Especially when it...
by Dan Mitchell | Sep 15, 2011 | Big Government, Blogs
Sometimes during speeches, when explaining why politicians shouldn’t double tax income that is saved and invested, I ask the audience whether it would make sense to harvest apples by cutting the branches off of trees filled with ripe fruit. In every audience (at least...
by Dan Mitchell | Jul 7, 2011 | Big Government, Blogs
There’s lots of talk in Washington about spending cuts, with almost everybody saying that there needs to be at least $2 trillion of cuts in exchange for hiking the debt limit. Since the federal budget is about $3.8 trillion and is riddled with waste, fraud, and abuse,...