by Dan Mitchell | Dec 21, 2024 | Blogs, States
The ideal pension system for workers is defined-contribution accounts – such as IRAs or 401(k)s – which is why it is so encouraging that many nations have moved in that direction. One advantage of that approach is that, by definition, there are no...
by Dan Mitchell | Dec 20, 2024 | Big Government, Blogs, Government Spending, States
During Trump’s first term, he was a big spender. He even wound up increasing domestic spending at a faster rate than Barack Obama. What can we expect in a second term? A week after the election, as part of my “Second Edition of Trump” series, I speculated...
by Dan Mitchell | Dec 6, 2024 | Blogs, States, Taxation
While there are plenty of reasons to be depressed about public policy (particularly the growing burden of government spending), there are a few reasons to feel optimistic. Argentina’s libertarian revolution. School choice revolution in the states. Tax cutting...
by Dan Mitchell | Dec 3, 2024 | Big Government, Blogs, Government Spending
Donald Trump was a big spender during his first term in office. Even if you don’t count the orgy of pandemic-related spending, he spent more and spent faster than Barack Obama. He even increased domestic spending faster than Obama!...
by Dan Mitchell | Sep 12, 2024 | Blogs, States, Tax Competition, Taxation
I’m a big fan of tax competition. I cheer when jobs, investment, and people (or even booze) move from high-tax jurisdictions to low-tax jurisdictions. This increases the rewards for good policy and also increases the punishment for bad policy. Given my...
