by Dan Mitchell | Jan 21, 2013 | Uncategorized
Texas is in much better shape than California. Taxes are lower, in part because Texas has no state income tax. No wonder the Lone Star State is growing faster and creating more jobs. And the gap will soon get even wider since California voters recently decided to...
by Dan Mitchell | Dec 28, 2012 | Blogs, Taxation
Like most people, I’m a sucker for a heartwarming story around the holidays. Sometimes, you get that nice feeling when good things happen to good people, like you find at the end of a classic movie like “It’s a Wonderful Life.” But since I’m a bit of a curmudgeon, I...
by Dan Mitchell | Dec 12, 2012 | Big Government, Blogs, Government Spending, Tax Competition, Taxation
Hopefully we’re all disgusted when insiders rig the system to rip off taxpayers. And I suspect you’re not surprised to know that the worst examples come from California, which is in a race with Illinois to see which state can become the Greece of America. Well, the...
by Dan Mitchell | Oct 10, 2012 | Big Government, Blogs, Government Spending, States, Tax Competition, Taxation
I periodically mock the crazy statists of California. The state is almost surely doomed to suffer a Greek-style fiscal chaos. The only unknown is whether Illinois will beat the Golden State into default. The politicians in Sacramento impose very high taxes to fund a...
by Dan Mitchell | Jul 1, 2012 | Big Government, Blogs, Bureaucracy, Government Spending
I’ve almost exhausted my interest in California’s suicidal fiscal policy. How many times, after all, can you write about politicians over-taxing and over-spending to the point of economic ruin? But everyone has a cross to bear in life, and (if you allow me to mix my...
