by Dan Mitchell | Jun 29, 2023 | Big Government, Blogs, Government Spending, Taxation
The Congressional Budget Office has released its new Long-Term Budget Outlook and I will continue a now-annual tradition (see 2018, 2019, 2020, 2021, 2022) of sharing some very bad news about America’s fiscal future. Here’s the most...
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...
