Posted in big government, Economic Issues, Government Spending, Policy Issues, Tax Policy, Uncategorized, Welfare State

When America’s Fiscal Crisis Hits, Be Forewarned that Tax Increases Will Make a Bad Situation Worse | International Liberty

Moreover, I will point out that higher taxes most likely will simply trigger and enable additional spending. And I will warn that tax increases will undermine economic performance.
Regarding that last point, three professors, led by Alberto Alesina at Harvard, have unveiled some new research looking at the economic impact of expenditure-based austerity compared to tax-based austerity.

https://danieljmitchell.wordpress.com/2018/02/23/when-americas-fiscal-crisis-hits-be-forewarned-that-tax-increases-will-make-a-bad-situation-worse/

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A primary care physician by training, my passion is researching and writing about the importance restoring patient centered care, supporting independent private physicians, promoting free-market solutions and seeking sustainable fiscal policy in healthcare.

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