by Dan Mitchell | May 7, 2010 | Big Government, Blogs, Economic Growth, Taxation, Uncategorized
Kevin Williamson has a long-overdue piece in National Review making two essential points about supply-side economics and the Laffer Curve. First, he explains that tax cuts are not the fiscal equivalent of a perpetual motion machine. Simply stated, too many Republicans...
by Dan Mitchell | May 6, 2010 | Big Government, Blogs, Europe, Tax Competition, Taxation, Uncategorized
The New York Times has an article describing widespread tax evasion in Greece, along with an implication that the country’s fiscal crisis is largely the result of unpaid taxes and could be mostly solved if taxpayers were more obedient to the state. This is an...
by Dan Mitchell | May 5, 2010 | Blogs, Health Care, Taxation, Uncategorized
I blogged a cartoon joking about Obamacare as a Trojan Horse for the IRS, but with each passing day we are learning new – and always unpleasant – details about the mammoth legislation that was imposed by the left. The excerpt below from the Boston Globe...
by Dan Mitchell | May 4, 2010 | Big Government, Blogs, Economic Growth, Uncategorized
The President had another “spread the wealth” slip of the tongue the other day, this time remarking that “at some point you have made enough money.” Some have commented that this exposes Obama’s anti-capitalist ideology, and others have...
by Dan Mitchell | May 3, 2010 | Blogs, Taxation, Uncategorized, VAT
A former Governor of Delaware, Pete DuPont, explains that a value-added tax means bigger government and slower growth. This issue is very important since Obama clearly is trying to set the stage for imposing this European-style national sales tax in the United...
