by Dan Mitchell | Dec 9, 2019 | Big Government, Blogs, Taxation, Welfare and Entitlements
I’m currently in London for discussions about public policy, particularly the potential for the right kind of free-trade pact between the United States and United Kingdom. I deliberately picked this week for my visit so I also could be here for the British...
by Dan Mitchell | Dec 6, 2019 | Big Government, Blogs, Economics, Government Spending, Taxation
Arthur Okun was a well-known left-of-center economist last century. He taught at Yale, was Chairman of the Council of Economic Advisors for President Lyndon Johnson, and also did a stint at Brookings. In today’s column, I’m not going to blame him for any of LBJ’s...
by Dan Mitchell | Nov 30, 2019 | Big Government, Blogs, Taxation, VAT
I wrote yesterday about Japan’s experience with the value-added tax, mostly to criticize the International Monetary Fund. The statist bureaucrats at the IMF are urging a big increase in Japan’s VAT even though the last increase was only imposed two months ago (in a...
by Dan Mitchell | Nov 23, 2019 | Big Government, Blogs, Taxation
Free markets and limited government are a tried-and-true recipe for growth and prosperity. Indeed, it’s the only way for a poor nation to become a rich nation. Those are the policies that helpd North America and Western Europe become rich in the 1800s and it’s how...
by Dan Mitchell | Nov 15, 2019 | Blogs, Economics, Taxation
With their punitive proposals for wealth taxes, Bernie Sanders and Elizabeth Warren are leading the who-can-be-craziest debate in the Democratic Party. But what would happen if either “Crazy Bernie” or “Looney Liz” actually had the opportunity to impose such levies?...