by Dan Mitchell | Jan 15, 2021 | Big Government, Blogs, Tax Competition, Taxation
Early last decade, when writing about Spain’s fiscal crisis, I pointed out that the country got in trouble for the same reason Greece got in trouble. Simply stated, government spending grew faster than the private economy. And when nations...
by Dan Mitchell | Jul 17, 2020 | Blogs, Taxation
There are lots of millionaires in the world. About 20 million of them, including about 6 million of them in the United States. I’d like those numbers to increase, which is why I’m always advocating pro-market policies. Capitalism is not only superior to socialism,...
by Brian Garst | Apr 17, 2018 | Blogs, Taxation
Most Americans dread the lead up to tax day for what it means for their pocketbooks. This year, a collection of cynical leftists hope to use tax day to convince Americans of a fiction: that repealing last year’s tax reform will cut their taxes. Aiming to...
by Dan Mitchell | Feb 7, 2013 | Big Government, Blogs, Government Spending, Taxation
To save America from the supposedly “savage” and “draconian” budget cuts caused by sequestration, President Obama has instead asked Congress to approve an alternative fiscal package containing additional tax increases. So why is the sequester so bad? Does it slash the...
by Dan Mitchell | Dec 21, 2012 | Big Government, Blogs, Europe, Government Spending, Taxation
There aren’t many fiscal policy role models in Europe. Switzerland surely is at the top of the list. The burden of government spending is modest by European standards, in part because of a very good spending cap that prevents politicians from overspending when...
