by Dan Mitchell | Oct 5, 2013 | Big Government, Blogs, Taxation, VAT
If you have any long-term Japanese investments, sell them soon. In part, that’s because the Japanese Prime Minister announced another Keynesian spending binge earlier this year – even though several so-called stimulus plans in Japan have flopped over the past two...
by Dan Mitchell | May 7, 2013 | Big Government, Blogs, Europe, Government Spending, Taxation, VAT
The most important, powerful, and relevant argument against the value-added tax in the short run is that we can balance the budget in just five years by capping spending so it grows at the rate of inflation, a very modest level of fiscal restraint. The most important,...
by Dan Mitchell | Feb 13, 2013 | Big Government, Blogs, Government Spending, Taxation, VAT
The value-added tax is a pernicious levy. It’s basically a hidden form of national sales tax, imposed every time a transaction occurs at any stage of the production process. But what irks me about the VAT is not its design (indeed, it shares some key characteristics...
by Dan Mitchell | Feb 3, 2013 | Big Government, Blogs, Government Spending, Taxation
What’s the worst thing about Delaware? No, not Joe Biden. He’s just a harmless clown and the butt of some good jokes. Instead, the so-called First State is actually the Worst State because 100 years ago, on this very day, Delaware made the personal income tax possible...
by Dan Mitchell | Nov 13, 2012 | Blogs, Taxation, VAT
Regular readers know I’m not a fan of the Organization for Economic Cooperation and Development. Heck, just take a look at some of the examples in this post and you’ll understand why. Well, the Secretary-General of the Paris-based bureaucracy just pontificated about...
