by Dan Mitchell | Jan 26, 2023 | Big Government, Blogs, Government Spending, Taxation
When leftists (or misguided rightists) tell me that Americans are under-taxed and that the government has lots of red ink because of insufficient revenue, I sometimes will direct them to the Office of Management and Budget’s Historical...
by Dan Mitchell | Dec 22, 2022 | Big Government, Blogs, Taxation, Welfare and Entitlements
I worry about big tax increases because of America’s grim long-run fiscal outlook. The video clip is less than two minutes (taken from this longer discussion with Fergus Hodgson), but I can summarize my key point in just one very important sentence Anybody...
by Dan Mitchell | Dec 20, 2022 | Blogs, Tax Competition, Taxation
The economic outlook in New York (both the state and the city) has been very depressing in recent years. New York is ranked #50 in the Economic Freedom of North America.New York is ranked #48 in the State Business Tax...
by Dan Mitchell | Nov 20, 2022 | Big Government, Blogs, Taxation
The 1930s arguably was America’s worst decade for economic policy and economic results. Herbert Hoover and Franklin Roosevelt both increased the burden of government and the net result was a decade-long depression. The...
by Dan Mitchell | Nov 16, 2022 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Last week, I explained that “supply siders” need to be ardent advocates of spending restraint. After all, there is no chance of good tax policy in the future if the burden of federal spending continues to expand. I also wrote about “national conservatives”...
