by Dan Mitchell | Jan 20, 2015 | Blogs, Economics, Tax Competition, Taxation
The most compelling graph I’ve ever seen was put together by Andrew Coulson at the Cato Institute. It shows that there’s been a huge increase in the size and cost of the government education bureaucracy in recent decades, but that student performance has been...
by Dan Mitchell | Jan 11, 2015 | Big Government, Blogs, Energy, Government Spending, Taxation
One of the very first “accomplishments” of the new GOP majority in Congress was to approve a piece of corporate welfare to subsidize terrorism insurance for big companies. But I tried to overlook that development since there were a few modest reforms included with the...
by Dan Mitchell | Jan 9, 2015 | Blogs, Economics, Health Care, Taxation
Today I’m going to say something nice about Obamacare. Not because I like the overall law, but because honesty is the best policy. Regular readers know that our healthcare system is screwed up by bad government policy. More specifically, spending programs such as...
by Dan Mitchell | Jan 7, 2015 | Big Government, Blogs, Energy, Taxation
Because of the need to control the size and scope of government, it’s critically important to reject all tax hikes. Simply stated, once politicians think there’s a possibility of more revenue coming to DC, any commitment to spending restraintand entitlement reform...
by Dan Mitchell | Jan 4, 2015 | Blogs, Economics, Laffer Curve, Taxation
Since I’m a big advocate of the Laffer Curve, that means I favor dynamic scoring. This is the common-sense observation that you can’t figure out the effect of tax changes on revenue without first estimating the impact on taxable income. And I’ve shared some very...
