by Dan Mitchell | Aug 24, 2023 | Blogs, States, Tax Competition, Taxation
Two of the worst states for tax policy are California and New York. They have punitive income tax rates, high sales taxes, and myriad other ways of diverting money from the productive sector of the economy to finance bloated...
by Dan Mitchell | Aug 13, 2023 | Big Government, Blogs, Regulations, Taxation
Americans can see how their states rank for overall economic liberty. Economic Freedom of North America.Freedom in the 50 States.Report on Economic Freedom. They can also see how states rank for fiscal policy. State Business Tax Climate Index.Fiscal Policy Report Card...
by Dan Mitchell | Jul 31, 2023 | Blogs, States, Tax Competition, Taxation
In Part I and Part II of this series, we looked at how taxpayers are moving from high-tax states to low-tax states. For Part III, let’s start with a map from the Tax Foundation, which shows which states are winning and losing as...
by Dan Mitchell | Jul 23, 2023 | Blogs, Economics
Economists assume that poor countries should grow faster than rich countries over time, a process known as convergence. It’s a reasonable theory, but only if poor countries and rich countries have similar levels of economic liberty. But that’s...
by Dan Mitchell | Jul 20, 2023 | Big Government, Blogs, Economics, Europe, Welfare and Entitlements
Part I of this series reviewed some data about the United States growing much faster than the welfare states of the European Union. Part II of the series looked at some very depressing data about the European Union losing ground compared to the United States, even...