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 –...
by Dan Mitchell | Jun 1, 2023 | Big Government, Blogs, Economics, Government Spending
I have long argued that lower levels of government spending are good for prosperity. This is why I have praised presidents who actually cut spending (such as Harding and Coolidge) and also lauded presidents who restrained...
by Dan Mitchell | May 31, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
In a just-released interview with John Stossel, I discuss how the United States faces an entitlement crisis that will result in massive tax increases on poor and middle-class households. Or worse. As explained in the video, there are some unavoidable facts that need...