by Dan Mitchell | Feb 12, 2020 | Blogs, Taxation
I pointed out yesterday that Donald Trump has increased domestic spending at a faster rate than Barack Obama, Bill Clinton, or Jimmy Carter. The day before, I castigated him for proposing a budget that expands the burden of government spending by $2 trillion over the...
by Dan Mitchell | Feb 3, 2020 | Big Government, Blogs, Taxation, Welfare and Entitlements
Assuming he was able to impose his policy agenda, I think Bernie Sanders – at best – would turn America into Greece. In more pessimistic moments, I fear he would turn the U.S. into Venezuela. The Vermont Senator and his supporters say that’s wrong and that the real...
by Dan Mitchell | Jan 30, 2020 | Blogs, States, Taxation
I’ve written dozens of columns explaining why it would be a terrible idea for the United States to enact a value-added tax. But that’s not because I think consumption taxes are worse than income taxes. Indeed, sales taxes and VATs are less destructive because tax...
by Dan Mitchell | Jan 27, 2020 | Big Government, Blogs, Economics, Government Spending, Taxation
About 10 years ago, the Center for Freedom and Prosperity released this video to explain that America’s real fiscal problem is too much spending and that red ink is best viewed as a symptom of that problem. I wrote a primer on this issue two years ago, but I want to...
by Dan Mitchell | Jan 24, 2020 | Blogs, Europe, Tax Competition, Tax Harmonization, Taxation
There are many boring topics in tax policy, such as the debate between expensing and depreciation for business investment. International tax rules also put most people to sleep, but they’re nonetheless important. Indeed, the United States government is currently...
