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Making Obama Seem Reasonable by Comparison, Merkel and Sarkozy Propose Higher Taxes to “Strengthen Growth Now”

by Dan Mitchell | Jan 21, 2012 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation

The German Chancellor and French President have put together a plan to boost growth. Sounds like a good goal, but what specifically are they proposing? Some of the obvious ideas include: Lowering tax rates to boost incentives for productive behavior. Reducing the...

Illinois Downgrade Provides More Evidence that Higher Taxes Make Fiscal Problems Worse, not Better

by Dan Mitchell | Jan 20, 2012 | Big Government, Blogs, Government Spending, Taxation

I don’t blame the Democrats for wanting to seduce Republicans into a tax-increase trap. Indeed, I completely understand why some Democrats said their top political goal was getting the GOP to surrender the no-tax-hike position. I’m mystified, though, why some...
New Evidence from Japan Shows Why Romney’s Interest in a Value-Added Tax Is so Troubling

New Evidence from Japan Shows Why Romney’s Interest in a Value-Added Tax Is so Troubling

by Dan Mitchell | Jan 16, 2012 | Big Government, Blogs, Europe, Government Spending, Taxation, VAT

In a recent column for the Wall Street Journal, I explained why Mitt Romney’s interest in a value-added tax is deeply troubling. One of my key points was that the VAT is a money machine for big government. But don’t believe me. Look at Japan, where the politicians see...

Soak-the-Rich Taxes Create Happier Nations According to Junk Science Study

by Dan Mitchell | Jan 15, 2012 | Blogs, Economics, Taxation

In the past 20-plus years, I’ve seen all sorts of arguments for class-warfare taxation. These include: President Obama says he wants higher tax rates for fairness, even if the government doesn’t collect any revenue. Rich leftists say they want higher taxes because...

Austan Goolsbee’s Budget Math Is Wrong – More than 100 Percent of Long-Term Fiscal Challenge Is Government Spending

by Dan Mitchell | Jan 8, 2012 | Big Government, Blogs, Government Spending, Taxation

Austan Goolsbee, the former Chairman of President Obama’s Council of Economic Advisers, has a column in the Wall Street Journal that argues government spending isn’t too high. That’s obviously a silly assertion, as I explain here, here, and here, but I want to focus...
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