by Dan Mitchell | Jan 2, 2015 | Blogs, Economics, Laffer Curve, Taxation
Barack Obama and the rest of the class-warfare crowd act as if “tax the rich” is an appropriate answer to every question about fiscal policy. I’m not joking. Here are some of the President’s main tax hikes that have been enacted or proposed. Obama imposed higher...
by Dan Mitchell | Dec 21, 2014 | Big Government, Blogs, Government Spending, Taxation
I can’t help but wonder whether the song made famous by The Grinch Who Stole Christmas should be the theme song for the Internal Revenue Service. After all,that bureaucracy is “as cuddly as a cactus” and “as charming as an eel.” And it appears that having “the tender...
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....
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...
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...