by Dan Mitchell | Mar 14, 2019 | Big Government, Blogs, Tax Competition, Taxation
I wrote a couple of weeks ago about how New York is committing slow-motion fiscal suicide. The politicians in Illinois must have noticed because they now want (another “hold my beer” moment?) to accelerate the already-happening collapse of their state. The new...
by Dan Mitchell | Jan 2, 2019 | Blogs, Tax Competition, Taxation
I’ve written many times about people and businesses escaping high-tax states and moving to low-tax states. This tax-driven migration rewards states with good policy and punishes those with bad policy. And now we have some new data. The Wall Street...
by Dan Mitchell | May 13, 2018 | Blogs, Tax Competition, Taxation
Even though I wrote about proposed tax increases in Illinois just 10 days ago, it’s time to revisit the issue because the Tax Foundation just published a very informative article about the state’s self-destructive fiscal policy. It starts by noting that the aggregate...
by Dan Mitchell | May 3, 2018 | Blogs, Taxation
When I did a poll earlier this year, asking which state would be the first to suffer a fiscal crisis, I wasn’t terribly surprised that Illinois wound up in first place. But I was surprised by the margin. Even though there’s a good case to be made for basket-case...
by Dan Mitchell | Dec 31, 2017 | Big Government, Blogs, Government Spending, Taxation
Since it’s the last day of the year, let’s look back on 2017 and highlight the biggest victories and losses for liberty. For last year’s column, we had an impressive list of overseas victories in 2016, including the United Kingdom’s Brexit from the European Union,...