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Senator Corker’s CAP Act: A Better Version of Gramm-Rudman to Reduce the Burden of Government

by Dan Mitchell | Apr 4, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation

This Thursday, April 7, Senator Corker of Tennessee will be the opening speaker at the Cato Institute’s conference on “The Economic Impact of Government Spending” (an event that is free and open to the public, so register here if you want to attend). The Senator will...

Yet Another Scheme to Fleece (and Monitor) Americans: A Tax on “Miles Driven”

by Dan Mitchell | Mar 25, 2011 | Big Government, Blogs, Taxation

I commented yesterday about the silly idea, being promoted by a few politicians, to impose a tax on toilet paper. That post mostly was an opportunity to have some fun mocking greedy government because even a dour pessimist like me doesn’t expect that idea to get very...

How to Fix the Entitlement Problem

by Dan Mitchell | Feb 20, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements

One of my presentations at CPAC addressed America’s long-term entitlement crisis. I was part of a panel organized by the National Taxpayers Union, and I discussed how to solve the long-run fiscal problems caused by Social Security, Medicare, and Medicaid. The lighting...

Deconstructing the Revenue Side of Obama’s Budget

by Dan Mitchell | Feb 15, 2011 | Big Government, Blogs, Government Spending, Taxation

I looked yesterday at the spending side of Obama’s budget and found some good news and bad news. The good news was the absence of any big new initiative to expand the burden of government. That’s a welcome relief since the past couple of years have featured budget...

The 1993 Clinton Tax Increase Did Not Lead to the Budget Surpluses of the Late 1990s

by Dan Mitchell | Feb 10, 2011 | Big Government, Blogs, Government Spending, Taxation

Proponents of higher taxes are fond of claiming that Bill Clinton’s 1993 tax increase was a big success because of budget surpluses that began in 1998. That’s certainly a plausible hypothesis, and I’m already on record arguing that Clinton’s economic record was much...
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