by Dan Mitchell | Nov 8, 2012 | Blogs, Taxation
Augmented by some amusing cartoons, I’ve already warned that the hysteria about the fiscal cliff is basically a ploy by the politicians to extract more revenue to finance bigger government. Elaborating on this concern, I wrote a column for today’s New York Daily News....
by Dan Mitchell | Oct 11, 2012 | Big Government, Blogs, Government Spending, Taxation
President Obama supports higher taxes, but he usually claims he only wants higher tax rates on evil rich people as part of his class-warfare agenda. Heck, he promised back in 2008 that, “no family making less than $250,000 a year will see any form of tax increase. Not...
by Dan Mitchell | Sep 20, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
Even though I have remarked on many occasions that the burden of government was reduced during the Clinton years, that doesn’t mean Bill Clinton was in favor of smaller government. And it definitely doesn’t mean that his appointees believed in economic liberty....
by Dan Mitchell | Aug 23, 2012 | Big Government, Blogs, Government Spending, Taxation
Now that new numbers have been released by the Congressional Budget Office, it’s time once again for me to show how easy it is to balance the budget with modest spending restraint (though please remember our goal should be smaller government, not fiscal balance). I...
by Dan Mitchell | Aug 13, 2012 | Big Government, Blogs, Taxation, VAT
For years, I’ve been warning that a value-added tax (VAT) would be a terrible idea. Simply stated, politicians would have no reason to control spending or reform entitlements if they had a new source of tax revenue. In this video, I explain why this European-style...