by Dan Mitchell | Mar 30, 2016 | Blogs, Economics, Laffer Curve, Taxation
Hillary Clinton and Bernie Sanders are basically two peas in a pod on economic policy. The only difference is that Sanders wants America to become Greece at a faster rate. Folks on the left may get excited by whether we travel 60 mph in the wrong direction or 90 mph...
by Dan Mitchell | Dec 28, 2015 | Big Government, Blogs, Taxation
It’s time to criticize my least-favorite international bureaucracy. Regular readers probably know that I’m not talking about the United Nations, International Monetary Fund, or World Bank. Those institutions all deserve mockery, but I think the Paris-based...
by Dan Mitchell | Dec 26, 2015 | Blogs, Crime, Society, Taxation
Politicians hate cash. That may seem an odd assertion given that they love spending money (other people’s money, of course, as illustrated by this cartoon). But what I’m talking about is the fact that politicians get upset when there’s not 100 percent compliance with...
by Dan Mitchell | Dec 15, 2015 | Blogs, Taxation
If you owned a restaurant and wanted to generate more income and boost your bottom line, would you double your prices thinking that this would double your revenue? Of course not. You would understand that a lot of your patrons would simply dine elsewhere. And if they...
by Dan Mitchell | Nov 30, 2015 | Blogs, Taxation
Why does the tax code require more than 10,000,000 words and more than 75,000 pages? There are several reasons and none of them are good. But if you had to pick one cause for all the mess, it would be the fact that politicians have worked with interest groups and...