by Dan Mitchell | Dec 23, 2017 | Blogs, Taxation, VAT
I never saw The Nightmare Before Christmas, a 1993 film. But that’s fine, because I am already dealing with my own nightmare with the holiday just around the corner. What’s haunting me is the specter of a value-added tax, which some reporters now think is a clear and...
by Dan Mitchell | Dec 22, 2017 | Blogs, Taxation
Back in 2013, I wrote about a gay guy adopting his long-time lover in order to escape the evil and pernicious death tax. I speculated that this would cause confusion and angst in some circles. Traditional leftists would want to applaud the adoption because of their...
by Dan Mitchell | Dec 21, 2017 | Blogs, Economics, Taxation
Now that we have a final bill rather than a mere “agreement in principle,” let’s step back and consider some implications of tax reform. There are three reasons to be pleased and one reason to worry. Win: Less-destructive federal tax code There are several provisions...
by Dan Mitchell | Dec 17, 2017 | Blogs, Health Care, Taxation
I don’t focus much on media bias because journalists generally aren’t dishonest. Instead, they choose which stories to highlight or downplay based on what advances their political agenda. Though every so often I’ll highlight an example of where bias leads to an...
by Dan Mitchell | Dec 16, 2017 | Big Government, Blogs, Government Spending, Taxation
Greece has confirmed that a nation can spend itself into a fiscal crisis. And the Greek experience also has confirmed that bailouts exacerbate a fiscal crisis by enabling more bad policy, while also rewarding spendthrift politicians and reckless lenders (as I...