by Dan Mitchell | Mar 8, 2024 | Blogs, Education, States
The 2020s, at least so far, should be known as the school choice decade. Here are some examples of progress, starting in early 2021. West Virginia Arizona Iowa Utah Arkansas Florida Indiana Oklahoma North Carolina But if this map from the Education...
by Dan Mitchell | Mar 2, 2024 | Big Government, Blogs, Bureaucracy, States
America’s big national challenge with retirement income is a deeply indebted Social Security system. There’s also a significant problem at the state level, where many governors and state legislators have made extravagant promises of lavish retirement...
by Dan Mitchell | Feb 14, 2024 | Blogs, States, Tax Competition, Taxation
Inflation is having an effect on everything, even policy analysis. Back in 2013, I wrote that Phil Mickelson was “California’s One-Man Laffer Curve” because he wanted to escape the Golden State to save about $1.2 million per year in taxes. But now, when a...
by Dan Mitchell | Feb 13, 2024 | Blogs, States, Taxation
The Laffer Curve is the common-sense notion that people respond to incentives. And even Paul Krugman admits this has implications for tax revenue. For instance, if tax rates increase, people may decide to earn and/or report less taxable income....
by Dan Mitchell | Jan 29, 2024 | Big Government, Blogs, Government Spending, States, Taxation
The good news is that Louisiana voters recently voted to lower their state’s top income tax rate. The bad news is that Louisiana’s economic policy still leaves much to be desired. Ranked #40 by the Tax Foundation. Ranked #26 by the Fraser...
