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Mississippi Repeals its State Income Tax

Mississippi Repeals its State Income Tax

by Dan Mitchell | Apr 12, 2025 | Big Government, Blogs, Government Spending, States, Taxation

As illustrated by the changes in my state tax rankings between 2018 and 2023, there’s been a lot of progress. Several red states have shifted to flat taxes and lowered tax rates, putting the class-warfare blue states at an even bigger...
The 20th Theorem of Government and the Consequences of Fiscal Foolishness in the State of Washington

The 20th Theorem of Government and the Consequences of Fiscal Foolishness in the State of Washington

by Dan Mitchell | Apr 10, 2025 | Big Government, Blogs, States, Taxation

I often cite the 20th Theorem of Government (France, Brazil, Colombia, Maryland) to emphasize the danger of spending profligacy. Today, let’s add the state of Washington to that list. We’ll start with a chart from Americans for Tax Reform...
Brazil’s Reckless Fiscal Trajectory

Brazil’s Reckless Fiscal Trajectory

by Dan Mitchell | Apr 4, 2025 | Big Government, Blogs, Government Spending

I’m in Brazil for a speech to the Fórum da Liberdade, where I’ll be speaking on “The Future of the Global Order” and explaining the difference between good globalization and bad globalism. Given the topic dominating the news, I’ll obviously be...
The 2025 Version of America’s Dismal Fiscal Future

The 2025 Version of America’s Dismal Fiscal Future

by Dan Mitchell | Mar 28, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Some traditions are enjoyable, like opening day of the baseball season or celebrating a child’s birthday. Today, we’re going to continue an unpleasant annual tradition (see 2018, 2019, 2020, 2021, 2022, 2023, 2024) by looking at the...
Fiscal Policy in the United Kingdom: Profligacy, Dishonesty, and Dependency

Fiscal Policy in the United Kingdom: Profligacy, Dishonesty, and Dependency

by Dan Mitchell | Mar 25, 2025 | Big Government, Blogs, Economics, Government Spending, Taxation

Last decade, three things made me optimistic about the United Kingdom. A lengthy period of spending restraint from 2010-2019. Voters chose in 2016 to escape the European Union. Boris Johnson was elected to deliver Brexit in 2019. Sadly, I was hopelessly naive. I...
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