by Dan Mitchell | Apr 10, 2025 | Big Government, Blogs, States, Taxation
I often cite the 20th Theorem of Government (France, Brazil, Colombia, Maryland) to emphasize the danger of spending profligacy. Today, let’s add the state of Washington to that list. We’ll start with a chart from Americans for Tax Reform...
by Dan Mitchell | Mar 25, 2025 | Big Government, Blogs, Economics, Government Spending, Taxation
Last decade, three things made me optimistic about the United Kingdom. A lengthy period of spending restraint from 2010-2019. Voters chose in 2016 to escape the European Union. Boris Johnson was elected to deliver Brexit in 2019. Sadly, I was hopelessly naive. I...
by Dan Mitchell | Mar 5, 2025 | Blogs, Trade
Trump didn’t learn from the failure of protectionism during the Great Depression. And he didn’t learn from the failure of protectionism during his first term in office, so he’s now launched a new trade war by imposing higher taxes on cross-border commerce. Trump will...
by Dan Mitchell | Feb 11, 2025 | Blogs, Trade
Within the first minute of my recent video on trade and protectionism, I remarked that ”Trump simply does not understand trade.” Today, I want to give another example of why “Tariff Man” has the wrong approach. He just announced that he will be imposing a 25 percent...
by Dan Mitchell | Jan 18, 2025 | Blogs, Taxation
What’s the most self-destructive policy being pursued by a government today? My answer is probably biased because I focus on fiscal policy, but I’m tempted to say Norway’s increased wealth tax. Or, that’s how I probably would have answered the question six months...
