Browsing All posts tagged under »Dan Mitchell«

Amid fiscal profligacy and fears of a looming debt crisis, Spending cuts recommended but is a tax increase necessary?

October 5, 2010 by

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This video by prominent Washington DC based Economist Daniel Mitchell demonstrates that only spending cuts and not an increase in the tax burden are needed to balance the budget.  Although the video refers to an increasingly “big government” America, the same issue plagues most European countries and particularly the United Kingdom.  While the new UK conservative government has the good […]

Big Government in Europe led to sovereign debt crisis… Don’t let America turn into another Portugal, Italy, Ireland, Greece and Spain (PIIGS)!

May 18, 2010 by

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Although this video refers to France, France to its credit along with Germany, have managed to be more productive than their European neighbors, limiting the damage caused by huge levels of taxation and government spending. If America does not abandon failed policies and entitlement programs that have amounted to a $13 trillion debt, this nation […]

The Kudlow Report joins the fight against a complex tax code: America wants a flat tax!

April 20, 2010 by

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A low flat tax would give individuals and businesses the means to consume more, save more or invest more, making all Americans better off.  Low taxation creates jobs!  A flat tax would also reduce the compliance and enforcement costs of the tax system. Find out more about a flat tax for America on the Cato […]

Nobel Prize economist Dr Mundell and Dr Laffer prescribe tax cuts!

April 14, 2010 by

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CNBC The Kudlow report with prominent economists Dr Mundell and Dr Laffer According to Dr Mundell and Dr Laffer, the best way to pay off the debt is to get Americans back to work by cutting taxes! “Over time, increased growth will contribute to paying off the debt” – recipient of the Nobel Prize in […]

New Video exposes nightmare of IRS complexity

April 13, 2010 by

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Tough times in America: Who’s to blame?

April 8, 2010 by

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By Orphe P. Divounguy According to the United States Department of Labor Bureau of Labor Statistics, 703,050 people are considered non-farm employees in the Washington DC area of which approximately 234,000 work in the public sector, 33.3% of the labor force.  Wages are the highest in the District of Columbia at $32.37 per hour, on […]

Fiscal responsibility and/or madness? Lithuania, a case for the Laffer curve!

April 5, 2010 by

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By Orphe P. Divounguy On April1 2010, the New York Times published an article entitled “From Lithuania, a view of Austerity’s cost”.  Lithuania, a highly indebted country took stringent measures to balance its budget.  The Lithuanian government cut spending drastically by slashing public sector wages and reducing pensions.  Although I would like to praise them […]