by Dan Mitchell | Jan 20, 2024 | Blogs, Taxation, VAT
I wrote yesterday to criticize Andrew Biggs of the American Enterprise Institute and Alicia Munnell of Boston College for suggesting a $3 trillion 10-year tax increase on IRAs and 401(k)s. My column explained that more double taxation was a bad idea, and I...
by Dan Mitchell | Jan 19, 2024 | Big Government, Blogs, Taxation, Welfare and Entitlements
Serious and responsible people (in other words, not Trump or Biden) know that Social Security has a massive long-run problem. A fast-growing number of seniors are expecting future benefits but only a slow-growing number of workers will be paying into the...
by Dan Mitchell | Dec 15, 2023 | Blogs, Energy, Taxation
I’m a fan of the no-tax increase pledge for the simple reason that our greatest economic threat is the rising burden of government spending. And since there are only three ways that politicians can finance spending (taxes, borrowing,...
by Dan Mitchell | Dec 4, 2023 | Blogs, Taxation
What’s the best way of helping poor countries achieve faster growth so they can converge with rich nations? Sensible people respond with a range of good answers. Removing trade barriers.Lowering corruption.Improved rule of...
by Dan Mitchell | Nov 21, 2023 | Big Government, Blogs, Government Spending, Taxation
Even though America’s fiscal policy is in bad shape and getting worse, I’m afraid that politicians who claim to want to make things better will wind up making things worse. For instance, when two former Senators (Rob Portman of Ohio and Kent Conrad of...
