by Dan Mitchell | Jun 15, 2011 | Big Government, Blogs, Government Spending, Taxation, VAT
The main political goal of the left is to seduce Republicans into supporting higher taxes. Bluntly stated, all of their fiscal policy goals require more tax revenue coming to Washington. The most important factor (from their perspective) is that they can’t make...
by Dan Mitchell | May 7, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation, VAT
I recently took part in a symposium on “The Budget Deficit and U.S. Competitiveness.” Put together by the Council on Foreign Relations, five of us were asked to concisely explain our thoughts on the issue. Here’s some of what I wrote: Excessive government spending can...
by Dan Mitchell | May 5, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
Martin Feldstein’s on a roll, but not in a good way. Earlier this week in the Wall Street Journal, he advocated throwing in the towel on reforming Social Security into a system of personal retirement accounts. Today, in the New York Times, he endorses big tax...
by Dan Mitchell | May 4, 2011 | Big Government, Blogs, Economics, Government Spending, Laffer Curve, Taxation
As I have explained elsewhere, tax increases are a bad idea – unless you favor bigger government. And I’ve already added my two cents to the tax debate between Senator Coburn and Grover Norquist regarding the desirability of higher taxes. So it won’t surprise anyone...
by Dan Mitchell | Apr 25, 2011 | Big Government, Blogs, Economics, Taxation
Republicans are fighting about taxes. But they’re fighting with each other, not Democrats. I’ve already written about this topic once, but the issue has become more heated, and the stakes have become much larger. And this time I’m going to focus on the political...