by Dan Mitchell | Oct 27, 2012 | Blogs, Tax Competition, Taxation
The half-joking response to the question in the title of this post is that policymakers should look at what’s happening in poorly run jurisdictions such as California, France, Illinois, and Greece – and then do just the opposite. In other words, steer clear of...
by Andrew F. Quinlan | Oct 15, 2012 | Blogs, Tax Competition, Taxation
Last week the Tax Foundation released report which provides a means for states to get away from a pernicious practice, one which many folks might be surprised to learn about. Most people think of property taxes as merely dealing with land and the structures on it,...
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...