by Dan Mitchell | Apr 8, 2015 | Blogs, States, Taxation
With tax day looming, let’s wallow in misery by contemplating the burden on America’s taxpayers. But we’ll ignore the angst caused be dealing with an indecipherable tax code and an oppressive IRS and simply focus on the amount of money that gets extracted from our...
by Dan Mitchell | Apr 7, 2015 | Blogs, Economics, Free Market
What’s the most important factor for economic progress? There are several possible answers to that question. We can take a big-picture view and argue that the key is free markets and small government, and there certainly is lots of evidence in favor of this assertion...
by Dan Mitchell | Apr 6, 2015 | Blogs
When writing about the Golden State, I generally focus on fiscal policy. After all, California is trying to become the France of America by imposing punitive tax rates and continuously expanding the burden of government spending. And since this leads to the loss of...
by Dan Mitchell | Apr 5, 2015 | Blogs, Economics, Education
I’ve written many times about the shortcomings of government schools at the K-12 level. We spend more on our kids than any other nation, yet our test scores are comparatively dismal. And one of my points, based on this very sobering chart from the Cato...
by Dan Mitchell | Apr 4, 2015 | Big Government, Blogs, Economics, Government Spending
A few days ago, I cited some research by an economics professor at the University of Georgia (Go Dawgs!), who calculated that we would have a big budget surplus today if Washington lawmakers had simply maintained Bill Clinton’s final budget, adjusting it only for...