by Dan Mitchell | Jul 15, 2020 | Big Government, Blogs, Government Spending
Two days ago, I looked at top income tax rates for the various states. Yesterday, I shared the data for the states on sales tax rates. The big takeaway from those two sources of data is that California politicians are very greedy. But are they the greediest...
by Dan Mitchell | Jun 27, 2020 | Big Government, Blogs, Government Spending
Some people say that California is the worst-governed state (I would probably choose Illinois or New Jersey, but it’s a close race). And if you wanted to pick the worst-governed place in California, San Francisco might be at the top of the list. The city manages to...
by Dan Mitchell | Jun 10, 2020 | Big Government, Blogs, Government Spending
There are plenty of people on the left who write serious and substantive articles about fiscal policy. For instance, I strongly disagree with many of the policy prescriptions from the IMF and the OECD, but those international bureaucracies are reasonably rigorous with...
by Dan Mitchell | Jun 3, 2020 | Big Government, Blogs, Government Spending
Should high-tax states such as California and New York get a bailout? I explained last month why that would be a mistake, in large part because bailouts would reward states for irresponsible fiscal policy (similar to my argument that countries like Austria and the...
by Dan Mitchell | May 27, 2020 | Big Government, Blogs, Government Spending
Margaret Thatcher was the British version of Ronald Reagan, a leader who resuscitated a nation by rolling back the size and scope of government. She also is famous for one of the most accurate observations ever made about fiscal policy. Her warning proved prophetic...