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Prosperity Update December 19, 2014

by CF&P | Dec 19, 2014 | News, Prosperity Updates

News & Views Continued Inaction on Biosimilars Will Cost Billions The arrival of biosimilars promises billions in health care cost savings. CF&P President Andrew Quinlan looks at who’s standing in the way....
A Practical (and Semi-Optimistic) Plan to Tame the Federal Leviathan

A Practical (and Semi-Optimistic) Plan to Tame the Federal Leviathan

by Dan Mitchell | Dec 18, 2014 | Big Government, Blogs, Economics, Government Spending, Taxation

Like a lot of libertarians and small-government conservatives, I’m prone to pessimism. How can you be cheerful, after all, when you look at what’s been happening in our lifetimes. New entitlement programs, adopted by politicians from all parties, are further adding to...
The Case Against the IRS and the “Progressive” Income Tax

The Case Against the IRS and the “Progressive” Income Tax

by Dan Mitchell | Dec 17, 2014 | Blogs, Economics, Taxation

Genuine tax reform would be the second-best fiscal policy reform to boost economic growth.* With a simple and fair tax system, we could get rid of high tax rates that penalize productive behavior. We could eliminate the double taxation that discourages saving and...

Debunking the Debunking of Dynamic Scoring and the Laffer Curve

by Dan Mitchell | Dec 9, 2014 | Blogs, Economics, Taxation

Many statists are worried that Republicans may install new leadership at the Joint Committee on Taxation (JCT) and Congressional Budget Office (CBO). This is a big issue because these two score-keeping bureaucracies on Capitol Hill tilt to the left and have a lot of...

Great (and Not so Great) Moments in Tax Avoidance

by Dan Mitchell | Dec 6, 2014 | Blogs, Economics, Taxation

When people figure out ways to keep the money they earn in their own pockets, rather than having it confiscated by government, I’m almost always happy. That’s because governments tend to waste money (should any of us pay for corrupt pork-barrel spending?). And it’s...
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