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Political Alchemy, Part II: Turning Spending Increases into Tax Cuts

Political Alchemy, Part II: Turning Spending Increases into Tax Cuts

by Dan Mitchell | Sep 16, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements

More than 10 years ago, I wrote about President Obama’s disingenuous strategy of pretending that spending increases were tax cuts. Politicians in Washington have come up with something far more impressive than turning lead into gold or water into wine. Using...
High Implicit Tax Rates Trap Poor People in the Quicksand of Government Dependency

High Implicit Tax Rates Trap Poor People in the Quicksand of Government Dependency

by Dan Mitchell | Sep 10, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements

The welfare state and the so-called war on poverty has been very bad news for taxpayers. But it’s also very bad news for poor people, in part because various redistribution programs can lure them out of the productive economy and...
Primitive Keynesianism from the Joint Economic Committee

Primitive Keynesianism from the Joint Economic Committee

by Dan Mitchell | Aug 19, 2021 | Big Government, Blogs, Economics, Keynesian, Welfare and Entitlements

Washington is filled with dishonest and self-serving analysis. Much of that shoddy output is driven by privileged groups seeking bailouts, subsidies, protectionism, or a tilted playing field. The health...
High Implicit Tax Rates Trap Poor People in the Quicksand of Government Dependency

The Case Against Biden’s Per-Child Handouts

by Dan Mitchell | Jul 29, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Joe Biden wants to dramatically expand the welfare state (more than $5 trillion of new spending over the next 10 years). In this discussion with Ross Kaminsky of KHOW in Denver, I warn that the President’s proposal for per-child handouts is an...
The Double-Barreled Danger of Biden’s Plan to Expand the Welfare State

The Double-Barreled Danger of Biden’s Plan to Expand the Welfare State

by Dan Mitchell | May 19, 2021 | Big Government, Blogs, Europe, Welfare and Entitlements

The United States has a big economic advantage over Europe in part because the burden of welfare spending is lower. This means fewer people trapped in government dependency in America. And it means a smaller tax burden in America....
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