by Dan Mitchell | May 23, 2022 | Blogs, Taxation
Trump had some economically illiterate tweets about trade during his presidency, including the infamous one about being “Tariff Man.” I think Joe Biden must be feeling envious that Trump got so much attention, so he has issued a tweet showing that...
by Dan Mitchell | May 18, 2022 | Big Government, Blogs, Government Spending, Taxation
When I first started writing this daily column, the Congressional Budget Office was infamous for dodgy economics. In the short run, CBO believed in the very simplistic Keynesian notion that a bigger burden of government spending somehow...
by Dan Mitchell | May 13, 2022 | Big Government, Blogs, Taxation, VAT
As part of my (reality-based) opposition to a value-added tax, I testified to the Ways & Means Committee back in 2011. My primary argument against the VAT is that it would enable a bigger burden of government spending. I frequently share this chart, for...
by Dan Mitchell | May 5, 2022 | Blogs, Flat Tax, Taxation
About 14 years ago, I narrated this video about the flat tax and national sales tax (sometimes referred to as a “Fair Tax”). I used the video as an opportunity to explain that both plans effectively rip up the current internal revenue code. And both would solve...
by Dan Mitchell | May 3, 2022 | Blogs, Tax Competition, Tax Harmonization, Taxation
A few months ago, I reiterated my opposition to Biden’s proposed corporate tax cartel as part of a longer discussion with Australia’s Gene Tunny. The main takeaway is that the proposed “minimum global tax” is an agreement by politicians for the benefit of...
