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New International Monetary Fund Study Inadvertently Provides Very Strong Evidence against the Value-Added Tax

by Dan Mitchell | Nov 1, 2012 | Big Government, Blogs, Economics, Government Spending, Laffer Curve, Taxation, VAT

I’m not a big fan of the International Monetary Fund, largely because the folks in charge oftentimes advocate toxic policies such as bailouts, higher taxes, and currency devaluation. But there are some top-rate economists working at the IMF, and the bureaucracy has...

What’s the Best Way of Achieving Good Fiscal Policy?

by Dan Mitchell | Oct 27, 2012 | Blogs, Tax Competition, Taxation

The half-joking response to the question in the title of this post is that policymakers should look at what’s happening in poorly run jurisdictions such as California, France, Illinois, and Greece – and then do just the opposite. In other words, steer clear of...

Even Leftists Won’t Defend Obama’s Make-Believe $4 Trillion “Grand Bargain” Budget Plan

by Dan Mitchell | Oct 25, 2012 | Big Government, Blogs, Government Spending, Taxation

You have to give President Obama credit for chutzpah. He pushed through a faux stimulus in his first year and Obamacare in his second year, both of which significantly increased the burden of government spending. In the past two years, he’s basically punted, proposing...

Chuck Norris vs Barack Obama on Class-Warfare Tax Policy

by Dan Mitchell | Oct 23, 2012 | Blogs, Taxation

I never thought I’d be quoting Chuck Norris about Obama’s tax policy, but he has a nice rant that includes a collection of the President’s more offensive statements. Sort of akin to the list I put together in this post (which also includes some preposterous statements...

Are We Jumping Off the Fiscal Cliff…Or Is Obama Pushing Us?

by Dan Mitchell | Oct 21, 2012 | Blogs, Taxation

Obama has repeated once again that he will throw the nation off the fiscal cliff if Republicans don’t capitulate to his demands for class-warfare tax hikes. This is a serious topic worthy of weighty analysis, but I don’t really have anything to add to what I’ve...
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