by Dan Mitchell | Dec 22, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
Here are a few predictions for next year. It will be hot in Dallas in July, it will be cold in Stockholm in February, and Governor Jerry Brown of California will ask Uncle Sam for some sort of bailout. I’m actually not sure about the first two predictions, but I think...
by Dan Mitchell | Dec 21, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation
Appearing on Bloomberg TV, I pontificate about the good, the bad, and the ugly in the recent tax deal. I also make what I hope are good points about the Laffer Curve and the meaning of deficits. The video won’t embed, but just click here and you can watch it on...
by Dan Mitchell | Dec 18, 2010 | Blogs, Crime, Society, Taxation
We all know that alcohol prohibition was great news for organized crime in the 1920s, and we also know that drug prohibition is causing widespread societal destruction today, but taxation also can facilitate criminal behavior. Specifically, there is considerable...
by Dan Mitchell | Dec 17, 2010 | Big Government, Blogs, Government Spending, Taxation
There’s a lot of attention being paid to yesterday’s landslide vote in the House to prevent a big tax increase next year. If you’re a glass-half-full optimist, you will be celebrating the good news for taxpayers. If you’re a glass-half empty pessimist, you will be...
by Dan Mitchell | Dec 16, 2010 | Big Government, Blogs, Government Spending, Taxation
I have a piece in this morning’s New York Post, and I did not try to be polite. Commenting on the end-of-year orgy on Capitol Hill, I slam corrupt deal making that leads to ever-bigger government. Here’s part of what I say about the “omnibus” spending bill. The weeks...
