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Everything You Need to Know about the Value-Added Tax

Everything You Need to Know about the Value-Added Tax

by Dan Mitchell | Apr 16, 2024 | Blogs, Taxation, VAT

While in Sweden last week, I wrote several columns (here, here, and here) about that nation’s fiscal policy. But I also had a discussion about American fiscal policy with one of the tax experts at the Confederation of Swedish Enterprise. That included a...
The Economic Consequences of Biden’s Budget

The Economic Consequences of Biden’s Budget

by Dan Mitchell | Mar 28, 2024 | Blogs, Economics, Taxation

The good news is that there is very little risk that President’s new budget – which is very similar to his previous budgets – will be approved by Congress. The bad news is that his budget is filled with terrible policy. Big expansions in the...
Fiscal Fights with Friends: Tax Increases Don’t Improve National Well-Being

Fiscal Fights with Friends: Tax Increases Don’t Improve National Well-Being

by Dan Mitchell | Mar 27, 2024 | Big Government, Blogs, Economics, Government Spending

Last year, I filled out a do-it-yourself federal budget prepared by the Washington Post and another one put together by the Committee for a Responsible Federal Budget. In both cases, my main complaint was that they did not give enough...
Beware Bad Budget Deals, Part III

Beware Bad Budget Deals, Part III

by Dan Mitchell | Mar 23, 2024 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements

I’ve already written two columns (here and here) about why a “bipartisan” budget deal would be a recipe for higher taxes and bigger government. To start our third installment in this series, here’s a clip from my recent appearance on Vance Ginn’s Let People...
The Practical Case Against Higher Taxes

The Practical Case Against Higher Taxes

by Dan Mitchell | Feb 28, 2024 | Big Government, Blogs, Government Spending, Taxation, Uncategorized

As clearly shown by the Congressional Budget Office, America’s long-run fiscal challenge is an ever-growing burden of federal spending. Particularly entitlement programs. Moreover, because the tax burden is projected to gradually increase...
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