by Dan Mitchell | Jun 6, 2026 | Blogs, States, Tax Competition, Taxation
There have been dramatic changes in state tax policy over the past five years and they’ve mostly been positive. To be more specific, 23 states have cut their top income tax rates compared to five states that have moved in the...
by Dan Mitchell | Jun 1, 2026 | Blogs, Economics
I was astounded in 2020 when I read an article in the New York Times about the economic catastrophe in Venezuela and there was not a single mention of socialism. And I was even more astounded in 2024 when the NYT published...
by Dan Mitchell | May 29, 2026 | Blogs, Free Market, States
In my series on red states vs blue states (previous editions available here, here, here, here, and here), I’m not taking sides between Republicans and Democrats. Instead, I’m showing that states with market-friendly policies (lower taxes, less...
by Dan Mitchell | May 2, 2026 | Blogs, Economics, Europe, Welfare and Entitlements
The world’s big economic policy battle is not capitalism vs. socialism. Other than a few primitive backwater nations like Cuba and North Korea, genuine socialism has largely been vanquished. Instead, the battle in most countries...
by Dan Mitchell | Apr 24, 2026 | Blogs, States, Taxation
Something remarkable has been happening with state tax policy. Red states have been slashing tax rates in recent years, making themselves more competitive. Blue states, meanwhile, did nothing, which you might call a sin of omission. But in the last year or...