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Are Well-Meaning but Misguided Conservatives Being Seduced by the Value-Added Tax?

by Dan Mitchell | Oct 29, 2014 | Blogs

Libertarians are sometimes accused of being unrealistic and impractical because we occasionally talk about unconventional ideas such as competitive currencies and privatized roads. But having a vision of a free society doesn’t mean we’re incapable of...

Spending Restraint Is Good Short-Run Policy and Good Long-Run Policy

by Dan Mitchell | Jun 10, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation, VAT

Regular readers know that good fiscal policy takes place when government spending grows slower than the private economy. Nations that maintain this Golden Rule for extended periods of time shrink the relative burden of government spending, thus enabling more growth by...
Support the VAT…if You Oppose Entitlement Reform and Want More spending and More Debt

Support the VAT…if You Oppose Entitlement Reform and Want More spending and More Debt

by Dan Mitchell | Apr 4, 2014 | Big Government, Blogs, Economics, Government Spending, Taxation, VAT

I’m a supporter of a single-rate tax regime, especially if there’s no double taxation of income that is saved and invested. That’s why I like the flat tax. But I’ve expressed concern about the national sales tax, even though it’s basically the same as a flat tax (the...
Support the VAT…if You Oppose Entitlement Reform and Want More spending and More Debt

Another Misguided Plan to Burden America with a Value-Added Tax

by Dan Mitchell | Dec 6, 2013 | Big Government, Blogs, Taxation, VAT

It’s no secret that I dislike the value-added tax. But this isn’t because of its design. The VAT, after all, would be (presumably) a single-rate, consumption-based system, just like the flat tax and national sales tax. And that’s a much less destructive way of raising...

Wise Words on Fiscal Sovereignty and Corporate Taxation (sort of) from Bill Clinton

by Dan Mitchell | Oct 15, 2013 | Blogs, Tax Competition, Taxation, VAT

I’ve always had a soft spot in my heart for Bill Clinton. In part, that’s because economic freedom increased and the burden of government spending was reduced during his time in office. Partisans can argue whether Clinton actually deserves the credit for these good...
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