by Dan Mitchell | Mar 6, 2021 | Big Government, Blogs, Government Spending, Taxation
Two days ago, the Congressional Budget Office released its latest long-run fiscal forecast. The report focuses – incorrectly – on the growth of red ink. And most of the people who have written about the report also have focused – incorrectly –...
by Dan Mitchell | Mar 1, 2021 | Blogs, Tax Competition, Taxation, Uncategorized
Last summer, I provided testimony to the United Nations’ High-Level Panel on Financial Accountability Transparency & Integrity. I touched on many issues, but my testimony focused on some core principles of sensible taxation. Low marginal tax...
by Dan Mitchell | Feb 27, 2021 | Blogs, Taxation
I’m not a big fan of the Organization for Economic Cooperation and Development. Simply stated, the Paris-based international bureaucracy represents the interests of governments, and that means the OECD often pushes policies that serve the interests of...
by Dan Mitchell | Feb 23, 2021 | Big Government, Blogs, Taxation
What nation serves as the most powerful example of how statism can wreck an economy and impoverish people? The Soviet UnionGreeceCubaChinaZimbabweVenezuela Those are all good choices, but perhaps Argentina is the best example (or should we say worst example?). If...
by Dan Mitchell | Feb 21, 2021 | Blogs, Taxation
When politicians target “the rich” with class-warfare schemes like wealth taxes, it’s often ordinary people that bear the costs. For a painful example of how this works in the real world, check out the first 42 seconds of this video. From an economic...
