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“It goes without saying that if politicians are able to create a tax cartel, it will merely be a matter of time before they ratchet up the tax rate. Simply stated, they wonโt have to worry about an exodus of jobs and investment because all countries will be obliged to have the same bad approach.”…
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“We got more teachers with all that money, but the main outcome was a massive expansion in the number of education administrators and other bureaucrats.” ~ Daniel J. Mitchell
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“Given that the United States, with its medium-sized government, does so much better than France, with its large-sized government, how can Rokhaya Diallo reconcile those numbers with her dogmatic view that society will be better off if government is even bigger?”~ Daniel J. Mitchell
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“A Biden Administration likely will be able to give states and localities a bailout, even if Congress doesnโt approve a new ‘stimulus,’ and even if the Trump Administration doesnโt extend the Federal Reserveโs authority. But at least the incoming Biden people would have to jump through a few hoops.” ~ Daniel J. Mitchell
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“The political impact will be that โthe richโ pay more. The economic impact will be less capital formation and entrepreneurship, and those are the changes that hurt the vast majority of us who arenโt rich.” ~ Daniel J. Mitchell
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“Coronavirus has exposed the fault line between those who are subsidized by government and those who pay for government. The people who live off the government, either directly or indirectly, have relatively comfortable lives โ all financed by the people who deal with much greater levels of hardship and uncertainty.” ~ Dan Mitchell
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Itโs like being on a diet and claiming progress because youโre gaining two pounds each month rather than five pounds.
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When I did this video about public-sector compensation almost 10 years ago, I focused on why it is unfair that bureaucrats get much higher levels of compensation than people working in the private sector. Today, letโs consider the economic consequences of excessive bureaucracy. And what will make this column particularly interesting is that Iโll be citing some research from economists at the International…
โข
“It goes without saying that if politicians are able to create a tax cartel, it will merely be a matter of time before they ratchet up the tax rate. Simply stated, they wonโt have to worry about an exodus of jobs and investment because all countries will be obliged to have the same bad approach.”…
โข
“We got more teachers with all that money, but the main outcome was a massive expansion in the number of education administrators and other bureaucrats.” ~ Daniel J. Mitchell
โข
“Given that the United States, with its medium-sized government, does so much better than France, with its large-sized government, how can Rokhaya Diallo reconcile those numbers with her dogmatic view that society will be better off if government is even bigger?”~ Daniel J. Mitchell
โข
“A Biden Administration likely will be able to give states and localities a bailout, even if Congress doesnโt approve a new ‘stimulus,’ and even if the Trump Administration doesnโt extend the Federal Reserveโs authority. But at least the incoming Biden people would have to jump through a few hoops.” ~ Daniel J. Mitchell
โข
“The political impact will be that โthe richโ pay more. The economic impact will be less capital formation and entrepreneurship, and those are the changes that hurt the vast majority of us who arenโt rich.” ~ Daniel J. Mitchell
โข
“Coronavirus has exposed the fault line between those who are subsidized by government and those who pay for government. The people who live off the government, either directly or indirectly, have relatively comfortable lives โ all financed by the people who deal with much greater levels of hardship and uncertainty.” ~ Dan Mitchell
โข
Itโs like being on a diet and claiming progress because youโre gaining two pounds each month rather than five pounds.
โข
When I did this video about public-sector compensation almost 10 years ago, I focused on why it is unfair that bureaucrats get much higher levels of compensation than people working in the private sector. Today, letโs consider the economic consequences of excessive bureaucracy. And what will make this column particularly interesting is that Iโll be citing some research from economists at the International…
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