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...
by Dan Mitchell | Jun 15, 2020 | Big Government, Blogs, States
As indicated by one of my columns last week, I’m a big believer in federalism. Indeed, I’ve even proposed that Washington shouldn’t operate any social programs. No food stamps. No Medicaid. No redistribution programs of any kind. Such programs, to the extent they...
by Dan Mitchell | Jun 3, 2020 | Big Government, Blogs, Government Spending
Should high-tax states such as California and New York get a bailout? I explained last month why that would be a mistake, in large part because bailouts would reward states for irresponsible fiscal policy (similar to my argument that countries like Austria and the...
by Dan Mitchell | May 19, 2020 | Big Government, Blogs, Government Spending, States
Politicians from New York want states to get a big bailout from Uncle Sam. I explained earlier this month that this would be a bad idea. Simply stated, the Empire State is in big trouble because it has a bloated government, not because of the coronavirus. Probably...
