by Dan Mitchell | Nov 13, 2022 | Big Government, Blogs, Taxation
In the past couple of months, I’ve repeatedly addressed the fiscal and economic mess in the United Kingdom. Today, we’re going to zoom out and identify the main cause of all the problems. If you look at the annual budget...
by Dan Mitchell | Nov 11, 2022 | Big Government, Blogs, Government Spending, Taxation
In yesterday’s column, I explained Republicans are not credible advocates of lower tax rates if they don’t also push for spending restraint. And, as I explained to the Adam Smith Institute, they will be de facto advocates of higher taxes if they embrace the wrong...
by Dan Mitchell | Nov 10, 2022 | Big Government, Blogs, Government Spending, Taxation, Uncategorized
As part of a recent discussion at the Adam Smith Institute in London, I explained why advocates of sensible taxation in the U.S. and U.K. need to be serious about controlling government spending. At the risk of stating the obvious, it will be...
by Dan Mitchell | Nov 8, 2022 | Blogs, Taxation
Most election watchers are focused on whether Republicans will take control of the House and/or the Senate in today’s midterm election in the United States. That’s an interesting topic, and I’ll close today’s column with my predictions, but I’m going to continue my...
by Dan Mitchell | Nov 3, 2022 | Blogs, Economics, Taxation
The Laffer Curve is a very straightforward concept. It graphically illustrates why politicians are wrong if they think you can double tax revenue by doubling tax rates (or that revenues will drop by 50 percent if tax rates are cut in half)....
