by Dan Mitchell | Jun 3, 2024 | Big Government, Blogs, Taxation
I wrote last November that Germany is in a period of fiscal decay. Over the past eight-plus years, the burden of government spending has grown far too fast, violating the Golden Rule of fiscal policy. As a result, the share of the economy...
by Dan Mitchell | Apr 24, 2024 | Blogs, Tax Harmonization, Taxation
When Joe Biden began his push for a global corporate tax cartel back in 2021, I explained why the idea was very bad news for the world’s workers, consumers, and shareholders. And I pointed out it was specifically bad news for...
by Dan Mitchell | Apr 23, 2024 | Big Government, Blogs, Government Spending, Taxation
There’s going to be a big tax fight in Washington next year, regardless of who wins the House, the Senate, and/or the presidency. That’s because major portions of Trump’s 2017 Tax Cuts and Jobs Act will expire on December 31, 2025. Will those tax cuts be...
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...
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...
