New Jersey’s Fiscal Suicide

New Jersey’s Fiscal Suicide

A couple of decades can make a huge difference in the political and economic life of a jurisdiction. Two decades ago, Venezuela had not yet been subjected to the horror of Hugo Chavez and his destructive statism. Three decades ago, the pro-market success story of...
New Jersey’s Continuing Fiscal Decays

New Jersey’s Continuing Fiscal Decays

When companies want to boost sales, they sometimes tinker with products and then advertise them as “new and improved.” In the case of governments, though, I suspect “new” is not “improved.” The British territory of Jersey, for instance, has a very good tax system. It...