by Dan Mitchell | Dec 15, 2018 | Blogs, Europe, Taxation
Less than 10 years ago, many European nations suffered fiscal crises because of a combination of excessive spending, punitive taxes, and crippling debt. The crises have since abated, largely because of direct and indirect bailouts. But the underlying policy...
by Dan Mitchell | Dec 13, 2018 | Blogs, Taxation
I’m not a fan of President Bush. The first one or the second one. Both adopted policies that, on net, reduced economic liberty. Today, let’s focus on the recently deceased George H.W. Bush (a.k.a., Bush 41). By all accounts, he was a very good man, but that doesn’t...
by Dan Mitchell | Dec 2, 2018 | Blogs, Taxation
With the exception of 2010-2014, when the Tea Party briefly had a grip on the Republican Party, the burden of government spending has been increasing in the United States. This unfortunate trend can’t continue indefinitely, so sooner or later we’ll reach a point where...
by Dan Mitchell | Nov 14, 2018 | Blogs, Taxation
The most disturbing outcome of the recent mid-term election isn’t that Alexandria Ocasio-Cortez will be a Member of Congress. I actually look forward to that because of the humor value. Instead, with the Democrats now controlling the House of Representatives, I’m more...
by Dan Mitchell | Sep 8, 2018 | Blogs, Taxation, VAT
The value-added tax was first imposed in Europe starting about 50 years ago. Politicians in nations like France approve of this tax because it is generally hidden, so it is relatively easy to periodically raise the rate. And that’s the reason I am vociferously opposed...
