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...
by Dan Mitchell | Jan 15, 2023 | Big Government, Blogs, Government Spending, States
I have a seven-part series (here, here, here, here, here, here and here) comparing Texas and California, mostly to demonstrate that the not-so-Golden State has hurt itself with excessive taxation and a bloated government....
by Dan Mitchell | Jan 12, 2023 | Big Government, Blogs, Government Spending, States
When I write about fiscal policy, there are two ever-present themes. Bad tax policy reduces growth and competitiveness, driving away jobs, people, and investment.Bad spending policy occurs when budgets grow faster than the economy’s...
