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What Happens When Politicians Get a New Source of Revenue?

by Dan Mitchell | Nov 4, 2010 | Blogs, Taxation, VAT

We’ve been spending too much time on elections, so let’s get back to pointing out inane, foolish, and destructive government policies. Our latest example comes from the United Kingdom, where politicians are pushing airline ticket taxes to punitive levels and harming...

Taxpayers vs Bureaucrats, Part XLII: United Kingdom to Get Rid of 500,000 Government Jobs?

by Dan Mitchell | Oct 20, 2010 | Big Government, Blogs, Government Spending

I want to believe. No, I’m not talking about the X-Files movie from 2008. I’m referring to the BBC’s report that the U.K. government will cut spending and eliminate 500,000 government positions. Unfortunately, I can’t accept this story at face value. As I’ve noted...

We Should Copy the Clever British Campaign against Higher Capital Gains Tax Rates

by Dan Mitchell | Oct 17, 2010 | Blogs, Capital Gains, Tax Competition, Taxation

Here are a handful of the posters being used in the United Kingdom to fight the perversely-destructive proposal to increase tax rates on capital gains. (for an explanation of why the tax should be abolished, see here) Which one is your favorite? I’m partial to the...

Washington Post Columnist Urges GOP to Move Left

by Dan Mitchell | Oct 14, 2010 | Big Government, Blogs, Government Spending, Taxation

For the umpteenth time, a Washington Post columnist has a turgid piece urging the Republican Party to embrace big government. Normally this type of column is written by a graybeard establishmentarian like David Broder or E.J. Dionne, but Ruth Marcus has decided to...

David Cameron’s Foolish (or Cynical) Naivete about the Laffer Curve

by Dan Mitchell | Oct 8, 2010 | Big Government, Blogs, Government Spending, Tax Competition, Taxation

Even though he’s allowing the budget to grow twice as fast as inflation, some people seem to think the new U.K. Prime Minster is a fiscal conservative. I’m skeptical. Not only is spending rising much too fast (there are promises of more restraint in the future, but...
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