More Real-World Evidence of Regime Uncertainty

by Dan Mitchell | Oct 14, 2010 | Big Government, Blogs, Government Spending

I recently posted data showing how companies are sitting on lots of cash, presumably in part because the business climate is not conducive to investment and job creation. I also showed a cartoon that makes the same point in an amusing – yet insightful – manner. Now...

Real-World Evidence for Regime Uncertainty?

by Dan Mitchell | Oct 13, 2010 | Big Government, Blogs, Government Spending, Taxation

There certainly are logical reasons to think that Obama’s policies are dampening economic growth. Investors and entrepreneurs have little reason to produce and take risks, after all, when they know the burden of government is going to climb. Especially when you add...

More Corporate Tax Cutting in Europe while America Lags

by Dan Mitchell | Oct 10, 2010 | Blogs, Tax Competition, Taxation

By every possible metric, one would expect corporate tax rates to be higher in Europe. The burden of government spending is higher across the Atlantic, so that presumably would lead to pressure for a higher corporate tax rate. The affinity for class warfare and...

Do We Have a Problem of Too Much Spending or Too Little Revenue?

by Dan Mitchell | Oct 8, 2010 | Big Government, Blogs, Government Spending, Taxation

Here’s a chart from Veronique de Rugy’s new article in The American. Amazing how the problem becomes obvious when you look at real numbers and don’t get trapped into using “baseline” math (as I explain in my latest video).

Would You Trade Higher Taxes for Much Lower Spending and Less Red Tape?

by Dan Mitchell | Oct 5, 2010 | Big Government, Blogs, Government Spending, Taxation

I hate taxes more than anyone, but other policies matter as well, so if I had the choice of replacing current government policies with the ones that existed at the end of the Clinton years, I would gladly make that trade. Yes, it would mean higher tax rates, but it...