by Dan Mitchell | Aug 29, 2011 | Big Government, Blogs, Taxation, VAT
The White House has announced that it is nominating Alan Krueger, a professor at Princeton, to be the new Chairman of the Council of Economic Advisers. In a Freudian copy-editing slip, the Fox News story (at least as of 8:44 a.m.) says “Krueger’s job will be to...
by Dan Mitchell | Jul 26, 2011 | Blogs, Government Spending, Taxation, VAT
I testified before the House Ways & Means Committee earlier today. As always, my trip inside the belly of the beast was an interesting adventure. The tax-writing committee was holding a hearing on the value-added tax. I was on a panel with five other witnesses,...
by Dan Mitchell | Jun 15, 2011 | Big Government, Blogs, Government Spending, Taxation, VAT
The main political goal of the left is to seduce Republicans into supporting higher taxes. Bluntly stated, all of their fiscal policy goals require more tax revenue coming to Washington. The most important factor (from their perspective) is that they can’t make...
by Dan Mitchell | May 7, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation, VAT
I recently took part in a symposium on “The Budget Deficit and U.S. Competitiveness.” Put together by the Council on Foreign Relations, five of us were asked to concisely explain our thoughts on the issue. Here’s some of what I wrote: Excessive government spending can...
by Dan Mitchell | Feb 28, 2011 | Big Government, Blogs, Taxation, VAT
Sooner or later, there will be a giant battle in Washington over the value-added tax. The people who want bigger government (and the people who are willing to surrender to big government) understand that a new source of tax revenue is needed to turn the United States...