by Dan Mitchell | Nov 2, 2023 | Blogs, Economics, Supply Side, Taxation
I’m very critical of bad policies we got during the Trump years, most notably profligacy and protectionism. But I shower praise on the good policies, such as the 2017 tax legislation (especially the lower corporate tax rate and...
by Dan Mitchell | Oct 8, 2023 | Big Government, Blogs, Government Spending, States
Late last year, I praised lawmakers in Georgia and North Carolina for being fiscally responsible. The burden of government spending in those states was constrained between 2020 and 2022, even though that was a period when handouts from Washington were...
by Dan Mitchell | Sep 5, 2023 | Blogs, Education, Flat Tax, Free Market, States, Taxation
According to both Economic Freedom of North America and Freedom in the 50 States, Iowa is boringly average, ranking in the 20s. That’s better than being terrible, like New York or California. But it’s worse than being good, like Florida and New...
by Dan Mitchell | Jul 27, 2023 | Blogs, Taxation
At the start of the year, I wrote that so-called tax expenditures were a “boring but important issue.” Well, it’s time to once again put readers to sleep. Let’s start with a definition. A tax expenditure is basically a loophole in the tax code. And these...
by Dan Mitchell | Mar 6, 2023 | Blogs, Tax Competition, Taxation
There’s been great progress in recent years with regards to state tax policy. When I put together my first ranking back in 2018, there were 9 states with flat taxes and and 3 states with low-rate graduated tax systems. Today, there are 11 (soon to...