by Dan Mitchell | Aug 9, 2024 | Big Government, Blogs, Regulations, States
When I write about regulation, it’s usually to highlight how red tape is causing bad outcomes in specific sectors (banking, child care, dentistry, credit cards, the Internet, etc). But I’m a big fan of jurisdictional...
by Dan Mitchell | Aug 8, 2024 | Blogs, States, Taxation
Writing about Mitt Romney’s selection of Paul Ryan in 2012, I opined that, “…it probably means nothing. I don’t think there’s been an election in my lifetime that was impacted by the second person on a presidential ticket.” I feel the same way about Tim Walz, who is...
by Dan Mitchell | Jul 11, 2024 | Blogs, Tax Competition, Taxation
The fundamental insight of supply-side economics is that people respond to incentives. So if the government imposes a high tax rate on income, people will try to avoid or evade the money grab. Especially if they have any ability to control the...
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?...
