by Dan Mitchell | Oct 12, 2012 | Big Government, Blogs, Government Spending, Health Care, Welfare and Entitlements
This election season has seen lots of talk (and demagoguery) about whether investors, entrepreneurs, and small business owners should be hit with class-warfare tax policy. And there’s also been lots of debate about the best way of averting bankruptcy for Medicare,...
by Dan Mitchell | Oct 10, 2012 | Big Government, Blogs, Government Spending, States, Tax Competition, Taxation
I periodically mock the crazy statists of California. The state is almost surely doomed to suffer a Greek-style fiscal chaos. The only unknown is whether Illinois will beat the Golden State into default. The politicians in Sacramento impose very high taxes to fund a...
by Dan Mitchell | Oct 9, 2012 | Big Government, Blogs, Government Spending, States, Taxation
One of my favorite Cato Institute publications is the Fiscal Policy Report Card on America’s Governors, which is produced by my colleague Chris Edwards. The report card uses variables such as the burden of government spending and the degree of class warfare tax policy...
by Kevin Hilferty | Jun 13, 2011 | Economics, Laffer Curve, States, Tax Competition, Taxation
In continued news of people responding to tax competition, online retail giant Amazon.com Inc. has announced it is scrapping deals in Arkansas and Connecticut due to new legislation requiring new online retail taxes. As the Wall Street Journal reported: Amazon.com...
by Brian Garst | May 7, 2011 | Blogs, Tax Competition, Taxation
We often look at how tax competition affects nations, but the same concept applies to U.S. states as well. Two recent reports demonstrate what happens when politicians fail to understand just how tax competition works. In a report from the Maine Heritage Policy...
