by Dan Mitchell | Jun 4, 2022 | Blogs, States, Tax Competition, Taxation
I’ve already shared the “feel-good story” for 2022, so today I’m going to share this year’s feel-good map. Courtesy of the Tax Foundation, here are the states that have lowered personal income tax rates and/or corporate income tax rates in 2021 and 2022....
by Dan Mitchell | May 11, 2022 | Blogs, States
Federalism is very desirable because it allows different parts of the country to make different decisions, and this helps to teach us about what works. And what doesn’t. It also means Americans can “vote with their feet” by migrating across local...
by Dan Mitchell | Mar 31, 2022 | Blogs, Taxation
How do we know people don’t like taxes? They tend to reject candidates who support higher taxes, as George H.W. Bush and other politicians have learned.Then tend to vote against higher taxes when given an opportunity (though...
by Dan Mitchell | Mar 24, 2022 | Big Government, Blogs, Bureaucracy, Government Spending, Government Waste, States
My main objection to government employees is that they work for bureaucracies that should not exist (especially the ones in Washington). That being said, I also don’t like how bureaucrats are overpaid compared to workers in the productive sector of the...
by Dan Mitchell | Mar 21, 2022 | Blogs, States, Taxation
I regularly share reports that measure how states rank for economic policy. Economic Freedom of North AmericaFreedom in the 50 StatesState Business Tax Climate IndexState income taxesState sales taxesState budgetary burdens Now we can augment this collection. A...