by Dan Mitchell | Jul 8, 2017 | Big Government, Blogs, States, Taxation
Here’s what I wrote last month about the fiscal situation in Illinois. Illinois is a mess. Taxes and spending already are too high, and huge unfunded liabilities point to an even darker future. Simply stated, politicians and government employee unions have created an...
by Dan Mitchell | Jul 7, 2017 | Blogs, Economics, Laffer Curve, States, Taxation
Back at the end of April, President Trump got rolled in his first big budget negotiation with Congress. The deal, which provided funding for the remainder of the 2017 fiscal year, was correctly perceived as a victory for Democrats. How could this happen, given that...
by Dan Mitchell | Jun 21, 2017 | Blogs, Economics, States, Taxation
Leftists don’t have many reasons to be cheerful. Global economic developments keep demonstrating (over and over again) that big government and high taxes are not a recipe for prosperity. That can’t be very encouraging for them. They also can’t be very happy about the...
by Dan Mitchell | Jun 13, 2017 | Big Government, Blogs, Taxation
I don’t like international bureaucracies that push statist policies. In a perverse way, though, I admire their brassiness. They’re now arguing that higher taxes are good for growth. This isn’t a joke. They never offer any evidence, of course, but it’s now routine to...
by Dan Mitchell | Jun 3, 2017 | Blogs, Economics, Taxation
Illinois is a mess. Taxes and spending already are too high, and huge unfunded liabilities point to an even darker future. Simply stated, politicians and government employee unions have created an unholy alliance to extract as much money as possible from the state’s...
