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Disastrous U.K. Tax Hike Unleashes a Steroid-Pumped Version of the Laffer Curve

by Dan Mitchell | Jan 13, 2011 | Blogs, Economics, Taxation

The Laffer Curve is one of my favorite issues (see here, here, here, here, here, etc). But it is a very frustrating topic. Half my time is spent trying to convince left-leaning people that the Laffer Curve exists. I use common-sense explanations. I cite historical...

Animal House, John Galt, the Laffer Curve, and the Race to Commit Fiscal Suicide in Illinois

by Dan Mitchell | Jan 11, 2011 | Big Government, Blogs, Government Spending, Taxation

There is a very bizarre race happening in Illinois. The Governor and the leaders of the State Senate and General Assembly are trying to figure out how to ram through a massive tax increase, but they’re trying to make it happen before new state lawmakers take office...
Republican Sellout Watch

Republican Sellout Watch

by Dan Mitchell | Jan 7, 2011 | Big Government, Blogs, Government Spending, Health Care, Taxation

Grousing about the GOP’s timidity in the battle against big government will probably become an ongoing theme over the next few months, and  let’s start with two items that don’t bode well for fiscal discipline. First, it appears that Republicans didn’t really mean it...

Five Things We Should Worry about in 2011

by Dan Mitchell | Jan 3, 2011 | Bailouts, Big Government, Blogs, Economics, Government Spending, Regulations, Taxation, VAT

The mid-term elections were a rejection of President Obama’s big-government agenda, but those results don’t necessarily mean better policy. We should not forget, after all, that Democrats rammed through Obamacare even after losing the special election to replace Ted...

According to Census Data, People Vote with their Feet for Less Government

by Dan Mitchell | Dec 26, 2010 | Big Government, Blogs, Free Market, Taxation

The world is a laboratory and different nations are public policy experiments. Not surprisingly, the evidence from these experiments is that nations with more freedom tend to grow faster and enjoy more prosperity. Nations with big governments, by contrast, are more...
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