by Dan Mitchell | Aug 4, 2017 | Blogs, Economics, Free Market, Taxation
The great thing about the Economic Freedom of the World is that it’s like the Swiss Army Knife of global policy. No matter where you are or what issue you’re dealing with, EFW will offer insight about how to generate more prosperity. Since today’s focus is Central...
by Dan Mitchell | Jul 11, 2017 | Blogs, Taxation
If you want to see a bunch of hypocritical leftists squirming with embarrassment, there’s a very clever video showing what happens when a bunch of pro-tax hike millionaires are asked to voluntarily pay more money to the IRS. I’ve even debated some of these rich,...
by Dan Mitchell | Jul 8, 2017 | Big Government, Blogs, States, Taxation
Here’s what I wrote last month about the fiscal situation in Illinois. Illinois is a mess. Taxes and spending already are too high, and huge unfunded liabilities point to an even darker future. Simply stated, politicians and government employee unions have created an...
by Dan Mitchell | Jul 7, 2017 | Blogs, Economics, Laffer Curve, States, Taxation
Back at the end of April, President Trump got rolled in his first big budget negotiation with Congress. The deal, which provided funding for the remainder of the 2017 fiscal year, was correctly perceived as a victory for Democrats. How could this happen, given that...
by Dan Mitchell | Jun 21, 2017 | Blogs, Economics, States, Taxation
Leftists don’t have many reasons to be cheerful. Global economic developments keep demonstrating (over and over again) that big government and high taxes are not a recipe for prosperity. That can’t be very encouraging for them. They also can’t be very happy about the...
