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Monday, March 19, 2018
HomePolicyTrump’s Spending Splurge Is a Long-Run Recipe for Higher Taxes and Less Prosperity

Trump’s Spending Splurge Is a Long-Run Recipe for Higher Taxes and Less Prosperity

U.S. President Donald Trump speaks to attendees as he departs his infrastructure initiative meeting at the White House in Washington, U.S., February 12, 2018. (Photo: Reuters)
President Donald Trump is doing little to avoid the fiscal crisis and when the D.C. swamp ultimately has to choose between lower taxes or higher spending, they’ll go with the latter and make things even worse by jacking up the tax burden.

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Written by
Contributing Economist

Daniel J. Mitchell is a Senior Fellow at the Cato Institute, and a top expert on tax reform and supply-side tax policy. Mitchell’s articles can be found in such publications as the Wall Street Journal, the New York Times, Investor’s Business Daily, and the Washington Times. He is the author of "The Flat Tax: Freedom, Fairness, Jobs, and Growth," and co-author of "Global Tax Revolution: The Rise of Tax Competition and the Battle to Defend It."

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Subscriber-Funded. Dangerously Accurate.


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