by Dan Mitchell | Mar 31, 2016 | Blogs, Economics, States, Taxation
Even though it’s theoretically possible to design a desirable budget deal that includes a tax increase, I’m a big advocate of the no-tax-hike pledge for the simple reason that – in the real world – support for genuine spending restraint and real entitlement reform...
by Dan Mitchell | Mar 30, 2016 | Blogs, Economics, Laffer Curve, Taxation
Hillary Clinton and Bernie Sanders are basically two peas in a pod on economic policy. The only difference is that Sanders wants America to become Greece at a faster rate. Folks on the left may get excited by whether we travel 60 mph in the wrong direction or 90 mph...
by Dan Mitchell | Mar 4, 2016 | Blogs, Economics, Tax Competition, Taxation
Federalism is a great idea, and not just because America’s Founders wanted a small and limited central government. It’s also a good idea because states are laboratories that teach us about the benefits of good policy and the costs of bad policy. And when we...
by Dan Mitchell | Feb 29, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
I thought the Organization for Economic Cooperation and Development had cemented its status as the world’s worst international bureaucracy when it called for a Keynesian spending binge even though the global economy is still suffering from previous schemes for...
by Dan Mitchell | Feb 27, 2016 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation
With both Hillary Clinton and Bernie Sanders agitating for higher taxes (and with more than a few Republicans also favoring more revenue because they don’t want to do any heavy lifting to restrain a growing burden of government), it’s time to examine the real-world...
