by Dan Mitchell | Jun 23, 2023 | Blogs, States, Taxation
In Part I of this series, I shared some excerpts from a Wall Street Journal editorial that documented how taxpayers fleeing high-tax states such as California, New York, Illinois, and New Jersey. Where are they going? In many cases, they are moving...
by Dan Mitchell | Jun 18, 2023 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Earlier this year, speaking at the Acton Institute in Michigan, I presented an optimistic case for spending restraint. My premise was very simple, summarized in four sentences. Spending restraint is desperately needed.Spending restraint is...
by Dan Mitchell | Jun 15, 2023 | Blogs, Economics, States, Supply Side, Taxation
Last year, I shared the “Feel-Good Map of 2022” that showed 18 states had lowered personal and/or corporate income tax since the start of 2021. And that was after showing a map of 11 state lowering tax rates the previous year. Courtesy of the Tax Foundation,...
by Dan Mitchell | Jun 14, 2023 | Big Government, Blogs, Government Spending
I’ve referred to Colorado’s spending cap as a “role model” and the “gold standard,” and I lavished even more praise on the Taxpayer Bill of Rights in this clip from a recent interview with Penn Pfiffner of the TABOR Foundation. If you don’t have a couple of minutes to...
by Dan Mitchell | Jun 9, 2023 | Blogs, Economics, States, Taxation
Other than doing very well in rankings of state pension debt (see here, here, and here), I’ve never had any reason to notice public policy in Nebraska. That changes today because the Cornhusker State has – like about two dozen other states –...