by Dan Mitchell | Jan 18, 2013 | Blogs, Economics, Taxation
How do you define a terrible team? No, this isn’t going to be a joke about Notre Dame foolishly thinking it could match up against a team from the Southeastern Conference in college football’s national title game (though the Irish win the contest for prettiest...
by Dan Mitchell | Jan 16, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
Good fiscal policy doesn’t require heavy lifting. Governments simply need to limit the burden of government spending. The key variable is making sure spending doesn’t consume ever-larger shares of economic output. In other words, follow Mitchell’s Golden Rule. It’s...
by Dan Mitchell | Jan 11, 2013 | Blogs, Economics, Taxation
Because of Obama’s class-warfare tax hike and additional tax increases by kleptocrats at the state level, many successful taxpayers will now lose more than 50 percent of any additional income they generate for the American economy. I discuss the implications of this...
by Dan Mitchell | Jan 10, 2013 | Blogs, Taxation
I’m not a big fan of the Internal Revenue Service, though I try to make sure that politicians get much of the blame for America’s convoluted, punitive, and unfair tax code. Heck, just look at these three images – here, here, and here – and you’ll find startling...
by Dan Mitchell | Jan 8, 2013 | Blogs, Economics, Taxation
There’s a debate among policy wonks about whether a no-tax-hike policy is an effective way of restraining the burden of government spending. At the risk of over-simplifying, the folks who support the “starve the beast” theory argue that there are political and/or...
