by Dan Mitchell | Feb 14, 2023 | Blogs
The economics of tax policy is largely the economics of incentives. When governments impose high tax rates on something, you get less of that thing. My left-leaning friends acknowledge this is true, but only selectively. They openly agitate for higher...
by Dan Mitchell | Feb 10, 2023 | Big Government, Blogs
The first four rounds of my New York vs. Florida contest (available here, here, here, and here) largely focused on Florida’s superior economic policies and superior economic results. So you won’t be surprised to learn that Round #5 continues that...
by Dan Mitchell | Feb 2, 2023 | Blogs, States, Tax Competition
I wrote in both 2021 and 2022 about states enacting lower tax rates. And that includes several states (Iowa, Idaho, Arizona) adopting flat taxes. Today, let’s quantify these developments. Our friends at the Tax Foundation...
by Dan Mitchell | Jan 31, 2023 | Blogs, States, Tax Competition, Taxation
There are some very important long-run demographic and cultural trends in the United States. The aging of the population – and the concomitant problem of poorly designed entitlement programs – probably belongs at the top of the list. But another...
by Dan Mitchell | Jan 24, 2023 | Big Government, Blogs, Taxation
I wrote last week about the ever-expanding burden of government spending in California. And that was after writing two columns last year (here and here) about the state’s economic decline. But sometimes a specific story is more compelling than broad economic...