by Dan Mitchell | Dec 13, 2018 | Blogs, Taxation
I’m not a fan of President Bush. The first one or the second one. Both adopted policies that, on net, reduced economic liberty. Today, let’s focus on the recently deceased George H.W. Bush (a.k.a., Bush 41). By all accounts, he was a very good man, but that doesn’t...
by Dan Mitchell | Dec 8, 2018 | Big Government, Blogs, Taxation
Maybe there’s hope for France. When Greeks, Belgians, and the Brits riot, it’s because they want more handouts. The French, by contrast, have taken to the streets to protest higher taxes. And they have plenty of reasons to be upset, as the Wall Street Journal reports....
by Dan Mitchell | Dec 6, 2018 | Blogs, Economics, Taxation
Steve Moore and Art Laffer are the authors of Trumponomics, a largely favorable book about the President’s economic policy. I have a more jaundiced view about Trump. I’m happy to praise his good policies (taxes and regulation), but I also condemn his bad policies...
by Dan Mitchell | Dec 2, 2018 | Blogs, Taxation
With the exception of 2010-2014, when the Tea Party briefly had a grip on the Republican Party, the burden of government spending has been increasing in the United States. This unfortunate trend can’t continue indefinitely, so sooner or later we’ll reach a point where...
by Dan Mitchell | Nov 29, 2018 | Blogs, Economics, Taxation
The central argument against punitive taxation is that it leads to less economic activity. Here’s a visual from an excellent video tutorial by Professor Alex Tabarrok. It shows that government grabs a share of private output when a tax is imposed, thus reducing the...