by Dan Mitchell | Jan 1, 2011 | Big Government, Blogs, Government Spending, Health Care, Taxation
Republicans did a terrible job last time they were in power. The created a new entitlement program for prescription drugs. They further centralized education with the no-bureaucrat-left-behind legislation. They undid the positive reforms of the 1990s with...
by Dan Mitchell | Dec 10, 2010 | Blogs, Economics, Flat Tax, Taxation
In my fiscal policy speeches, I sometimes try to get a laugh out of audiences by including a Powerpoint slide with this image. Leading up to this slide, I talk about the Armey/Forbes flat tax and explain that it would eliminate the corrupt internal revenue code and...
by Dan Mitchell | Nov 23, 2010 | Blogs, Taxation
At least, that’s what a left-wing blogger thinks. So what did I do to earn this honor? I had the gall to say that tax loopholes should be removed, but that all the revenues should be used to finance lower tax rates. Call me crazy, but I don’t think either our economy...
by Dan Mitchell | Nov 22, 2010 | Big Government, Blogs, Economics, Taxation
There’s been a lot of heated discussion about various preferences, deductions, credits, shelters, and other loopholes in the tax code. Some of this debate has revolved around whether it is legitimate to refer to these provisions as “tax expenditures” or “subsidies.”...
by Dan Mitchell | Nov 19, 2010 | Blogs, Taxation
Every since the current government won a landslide election, there’s been a widespread assumption that Hungary would be the next nation in Europe to hop on the flat tax bandwagon. Well, the assumption has become reality. Here’s a report from Tax-news.com. The...