by Dan Mitchell | Jul 6, 2024 | Blogs, States, Taxation
Most people don’t appreciate the importance of trend lines in public policy. A country with just a little bit more growth each year will become significantly richer in the long run. A modest change in annual spending growth can make a big difference in long-run fiscal...
by Dan Mitchell | Mar 25, 2024 | Big Government, Blogs, Government Spending, States
Colorado has the best fiscal rule in the United States. The Taxpayer Bill of Rights (TABOR) limits state government spending so that it cannot grow faster than inflation plus population. Does Colorado’s spending cap work perfectly?...
by Dan Mitchell | Mar 8, 2024 | Blogs, Education, States
The 2020s, at least so far, should be known as the school choice decade. Here are some examples of progress, starting in early 2021. West Virginia Arizona Iowa Utah Arkansas Florida Indiana Oklahoma North Carolina But if this map from the Education...
by Dan Mitchell | Mar 2, 2024 | Big Government, Blogs, Bureaucracy, States
America’s big national challenge with retirement income is a deeply indebted Social Security system. There’s also a significant problem at the state level, where many governors and state legislators have made extravagant promises of lavish retirement...
by Dan Mitchell | Feb 14, 2024 | Blogs, States, Tax Competition, Taxation
Inflation is having an effect on everything, even policy analysis. Back in 2013, I wrote that Phil Mickelson was “California’s One-Man Laffer Curve” because he wanted to escape the Golden State to save about $1.2 million per year in taxes. But now, when a...