by Dan Mitchell | May 14, 2012 | Blogs, Taxation
President Obama’s fiscal policy is a dismal mixture. On spending, he wants a European-style welfare state. On taxes, he is fixated on class-warfare tax policy. If we want to know the consequences of that approach, we can look at the ongoing collapse of Greece. Or, if...
by Dan Mitchell | May 12, 2012 | Big Government, Blogs, Government Spending, Taxation
Last year, as part of the fight over the debt limit, Congress created a “super-committee” that was designed to produce at least $1.2 trillion of “deficit reduction.” The statists saw this super-committee as a vehicle to seduce Republicans into a tax hike. They knew...
by Dan Mitchell | May 7, 2012 | Blogs, Economics, Laffer Curve, Tax Competition, Taxation
Even though he is a foolish statist, I wanted Francois Hollande to win the French presidency. Sarkozy was a statist as well, after all, and my “Richard Nixon Disinfectant Rule” says that it’s better to have the out-of-the-closet statist prevail in such contests in...
by Dan Mitchell | May 4, 2012 | Big Government, Blogs, Taxation, VAT
I’ve written before how “The Value-Added Tax Would Be a Money Machine for Big Government.” Writing for Bloomberg, Josh Barro has a piece entitled, “Value-Added Tax Would Raise Tons for U.S. Coffers.” So you might think we see eye to eye on this issue, but that would...
by Dan Mitchell | Apr 28, 2012 | Big Government, Blogs, Government Spending, Taxation
I’ve complained endlessly that America’s fiscal problem is too much spending, and that deficits and debt are best understood as symptoms of that underlying disease. So I’m obviously a big fan of this new video from the folks at Learn Liberty. I like how they use...
