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Sequesters Are Good for Prosperity, Tax-Hike Triggers Are Bad for Growth

by Dan Mitchell | Nov 28, 2017 | Big Government, Blogs, Government Spending, Taxation

I’ve been grousing all year that tax cuts and tax reform are jeopardized by the failure to restrain the growth of federal spending. At the start of the year, I pointed out that it would be possible to both balance the budget and approve a $3 trillion tax...
Fiscal Child Abuse: The European Commission Wants to Brainwash Kids in Favor of High Taxes

Fiscal Child Abuse: The European Commission Wants to Brainwash Kids in Favor of High Taxes

by Dan Mitchell | Nov 22, 2017 | Big Government, Blogs, Taxation

I’m not a fan of what is sometimes called the “European Project.” Yes, one of the original goals – free trade between European nations – was admirable and has generated significant benefits. But what started as a positive idea has morphed into a Brussels-based...
The Most Depressing Chart about Japan

The Most Depressing Chart about Japan

by Dan Mitchell | Nov 16, 2017 | Big Government, Blogs, Taxation, VAT

I’m currently in Tokyo for an Innovation Summit. Perhaps because I once referred to Japan as a basket case, I’ve been asked to speak about policies that are needed to boost the nation’s competitiveness. That sounds like an easy topic since I can simply explain that...

The International Monetary Fund’s Recipe for Continued Poverty in the Developing World

by Dan Mitchell | Oct 22, 2017 | Big Government, Blogs, Economics, Government Spending, Taxation

The cossetted bureaucrats at the International Monetary Fund are on a roll. In the past few months, they’ve published reports pushing a very misguided and statist agenda. In June, I wrote about the IMF pushing a theory that higher taxes would improve growth in the...

More Honesty from the Left: The Goal Is Big Tax Increases for the Middle Class

by Dan Mitchell | Oct 19, 2017 | Big Government, Blogs, Taxation

I’ve written several times that the left wants big tax hikes on poor and middle-class taxpayers. Simply stated, that’s the only way they can finance a European-sized welfare state. Some of them even admit they want to pillage ordinary taxpayers. The editors at the New...
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