by Dan Mitchell | Jan 4, 2012 | Big Government, Blogs, Taxation, VAT
My Iowa caucus predictions from yesterday were hopelessly wrong, probably because I was picking with my heart rather than my head. As I noted a couple of weeks ago, Mitt Romney’s openness to a value-added tax makes him a dangerously flawed candidate, and I hoped Iowa...
by Dan Mitchell | Dec 24, 2011 | Big Government, Blogs, Government Spending, Taxation, VAT
There’s been a lot of discussion about Mitt Romney’s appeal – or lack thereof – among supporters of limited government. To put it mildly, many libertarians and conservatives are underwhelmed by his less-than-stellar record on healthcare, his weakness on Social...
by Dan Mitchell | Nov 17, 2011 | Bailouts, Big Government, Blogs, Economics, Europe, Government Spending, Taxation, VAT
I’ve written about the fiscal implosion in Europe and warned that America faces the same fate if we don’t reform poorly designed entitlement programs such as Medicare and Medicaid. But this new video from the Center for Freedom and Prosperity, narrated by an Italian...
by Dan Mitchell | Oct 26, 2011 | Blogs, Taxation, VAT
The Secretary of the Treasury, Tim Geithner, is infamous for conveniently forgetting to pay tax on $80,000 of income and then getting kid-glove treatment from the IRS when his crime was uncovered. Not only did Geithner avoid even a slap on the wrist, he was confirmed...
by Dan Mitchell | Oct 16, 2011 | Blogs, Economics, Taxation, VAT
Actually, the title of this post should probably read, “The Good, Good, Good, Bad, and the Ugly.” That’s because Herman Cain’s 9-9-9 tax plan has low tax rates, it eliminates double taxation, and it wipes out loopholes, and those are three very big and very good...