Posted by Daniel J. Mitchell on July 26, 2010
By Daniel J. Mitchell
The 2001 and 2003 tax cuts are scheduled to expire at the end of this year, which means a big tax increase in 2011. Tax rates for all brackets will increase, the double tax on dividends will skyrocket from 15 percent to 39.6 percent, the child credit will shrink, the death tax will be reinstated [...]
Categories: Politics, Tax and Budget Policy |
Tags: class warfare, Competitiveness, geithner, Government and Politics, higher taxes, Income tax, marginal tax rates, obama, soak the rich, Supply-side economics, tax increases | 
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Posted by Daniel J. Mitchell on July 18, 2010
By Daniel J. Mitchell
The Financial Times reports that the number of Americans giving up their citizenship to protect their families from America’s onerous worldwide tax system has jumped rapidly. Even relatively high-tax nations such as the United Kingdom are attractive compared to the class-warfare system that President Obama is creating in the United States.
I run into people like this [...]
Categories: Politics, Tax and Budget Policy |
Tags: brain drain, expatriation, Finance, Banking & Monetary Policy, Global taxation, Government and Politics, International Economics and Development, International taxation, IRS, migration, obama, taxation, Worldwide Taxation | No Comments »
Posted by Daniel J. Mitchell on July 15, 2010
By Daniel J. Mitchell
The White House is claiming that the so-called stimulus created between 2.5 million and 3.6 million jobs even though total employment has dropped by more than 2.3 million since Obama took office. The Administration justifies this legerdemain by asserting that the economy actually would have lost about 5 million jobs without the new government spending.
I’ve [...]
Categories: Budget, Politics, Tax and Budget Policy |
Tags: economics, Government and Politics, government spending, jobs, keynes, Keynesian economics, keynesianism, obama, stimulus, unemployment | No Comments »
Posted by Neal McCluskey on July 15, 2010
By Neal McCluskey
According to a Fort Worth Star-Telegram report, President Obama plans to reprise last year’s hotly debated role as Principal-in-Chief to help kick off the coming school year.
Will he have the Department of Education once again put out leading and Obama-aggrandizing study guides? Will he again take personal credit for getting computers and other goodies into your kids’ schools? [...]
Categories: Politics |
Tags: constitutional, Education, Education and Child Policy, Government, Government and Politics, government jobs, obama, Video | No Comments »
Posted by Neal McCluskey on July 15, 2010
By Neal McCluskey
According to a Fort Worth Star-Telegram report, President Obama plans to reprise last year’s hotly debated role as Principal-in-Chief to help kick off the coming school year.
Will he have the Department of Education once again put out leading and Obama-aggrandizing study guides? Will he again take personal credit for getting computers and other goodies into your kids’ schools? [...]
Categories: Politics |
Tags: constitutional, Education, Education and Child Policy, Government, Government and Politics, government jobs, obama, Video | No Comments »
Posted by David Boaz on July 6, 2010
By David Boaz
The folks at the Center for American Progress, in their daily anti-right email, wrongly call the Cato Institute conservative and wrongly spell our name CATO.
But what I find more amusing is that the email, prompted by Michael Steele’s confused remarks about Afghanistan and the reaction against him, is titled “The Right Wing’s Addiction to War.” They [...]
Categories: Politics |
Tags: Afghanistan, Center for American Progress, Foreign Policy and National Security, General, Iraq, left wing, obama, right-wing, war | No Comments »
Posted by Daniel J. Mitchell on July 2, 2010
By Daniel J. Mitchell
The fault line in American politics is often not between Republicans and Democrats, but rather between taxpayers and the Washington political elite. Here are two examples that symbolize why economic policy is such a mess:
First, we have President George W. Bush’s former top aide, Karl Rove, making the case in the Wall Street Journal that [...]
Categories: Politics, Tax and Budget Policy |
Tags: debt, deficit, Government and Politics, government spending, jobs, keynes, Keynesian economics, keynesianism, obama, Rove, stimulus, unemployment | No Comments »
Posted by Daniel J. Mitchell on June 25, 2010
By Daniel J. Mitchell
Barack Obama and Angela Merkel are the two main characters in what is being portrayed as a fight between American “stimulus” and European “austerity” at the G-20 summit meeting in Canada. My immediate instinct is to cheer for the Europeans. After all, “austerity” presumably means cutting back on wasteful government spending. Obama’s definition of “stimulus,” by [...]
Categories: Politics, Tax and Budget Policy |
Tags: big government, Cameron, debt, Deficits, Euro, europe, Government and Politics, government spending, Health, Welfare & Entitlements, International Economics and Development, Merkel, obama, taxation, welfare state | No Comments »
