by Dan Mitchell | Nov 27, 2020 | Blogs, Taxation
When examining state public policy, big jurisdictions such as California, Texas, New York, and Florida get a lot of attention. But what about Mississippi? It has mediocre scores for overall economic policy. It’s #29 according to the American Legislative Exchange...
by Dan Mitchell | Nov 23, 2020 | Big Government, Blogs, Taxation
Public finance experts sometime differ in how to describe a value-added tax. Is it a hidden form of a national sales tax, imposed at each stage of the production process? Is it a hidden withholding tax on income, imposed at each stage of the production process? Both...
by Dan Mitchell | Oct 21, 2020 | Blogs, Economics, States
Back in July, I wrote a three-part series designed to identify the states with the greediest politicians. Part I was based on the top income tax rate in each state. Part II was based on the sales tax rate in each state. Part III was based on the burden of government...
by Dan Mitchell | Oct 17, 2020 | Big Government, Blogs, Government Spending, States
One of the problems with state balanced budget requirements is that tax revenues are very sensitive to economic conditions. Boom Years: When there’s robust economic growth, politicians collect unanticipated revenue because more people have good jobs and more...
by Dan Mitchell | Oct 6, 2020 | Blogs, Taxation
On election day, most people focus on the big-ticket partisan battles, such as this year’s contest between Trump and Biden. Let’s not forget, though, that there are sometimes very important referendum battles at the state (or even local) level. In 2019, I was very...
