by Dan Mitchell | Jul 9, 2011 | Big Government, Blogs, Economics, Laffer Curve, Taxation
President Obama is stubbornly clinging to his ideological agenda of bigger government and class warfare. Wasteful programs magically become “investments” for growth, and higher tax rates get turned into “shared sacrifice.” Interestingly, we already know what...
by Dan Mitchell | Jul 6, 2011 | Big Government, Blogs, Government Spending, Taxation
The President has issued an ultimatum that more tax revenue must be part of budget negotiations. Indeed, he endlessly repeats his desire for a “balanced approach,” implying that as much as 50 percent of the deficit reduction in any agreement should come from higher...
by Dan Mitchell | Jul 3, 2011 | Big Government, Blogs, Economics, Taxation
Obama waved the bloody flag of class warfare in his press conference this past week, though it’s not clear whether he was effective since he went out of his way to attack a provision for corporate jets that was part of his failed stimulus bill. In any event, Senator...
by Dan Mitchell | Jul 1, 2011 | Blogs, Economics, Laffer Curve, Taxation
The big-government advocates at the Center for American Progress recently released a series of charts designed to prove America is a low-tax nation. I wish this was the case. The United States does have a lower overall tax burden than Europe, which is shown in one of...
by Dan Mitchell | Jun 30, 2011 | Big Government, Blogs, Economics, Taxation
e left is desperately trying to maneuver Republicans into going along with a tax increase. And they are smart to make this their top goal. After all, it will be very difficult – if not impossible – to increase the burden of government spending without more revenue...
