by Andrew F. Quinlan | Aug 11, 2020 | Opinion and Commentary
Originally published by Inside Sources on August 10, 2020. The biggest sticking point in negotiations between the White House, Senate Republicans and House Democrats over the next COVID-19 relief bill is the treatment of the CARES Act’s recently expired $600 in added...
by Dan Mitchell | Jul 22, 2020 | Blogs, Tax Competition, Taxation
New York is ranked dead last for fiscal policy according to Freedom in the 50 States. But it’s not the worst state, at least according to the Tax Foundation, which calculates that the Empire State is ranked #49 in the latest edition of the State Business Tax Climate...
by Dan Mitchell | Jul 15, 2020 | Big Government, Blogs, Government Spending
Two days ago, I looked at top income tax rates for the various states. Yesterday, I shared the data for the states on sales tax rates. The big takeaway from those two sources of data is that California politicians are very greedy. But are they the greediest...
by Dan Mitchell | Jul 14, 2020 | Blogs, States, Taxation
esterday, in Part I of our series about greedy state politicians, we looked at top income tax rates. The worst state, not surprisingly, was California with a top tax rate of 13.3 percent. This onerous tax rate, combined with low-quality government and absurd levels of...
by Dan Mitchell | Jul 13, 2020 | Blogs, States, Taxation
When considering which state has the greediest politicians, the flippant (but understandable) answer is to say “all of them.” A more serious way of dealing with that question, though, is to look at overall rankings of economic policy. According to the Fraser...
