New Jersey’s Fiscal Suicide

New Jersey’s Fiscal Suicide

A couple of decades can make a huge difference in the political and economic life of a jurisdiction. Two decades ago, Venezuela had not yet been subjected to the horror of Hugo Chavez and his destructive statism. Three decades ago, the pro-market success story of...

The Case for Tax Reform, Part II

I strongly applauded the tax reform plan that was enacted in December, especially the lower corporate tax rate and the limit on the deduction for state and local taxes. But I’m not satisfied. Our long-run goal should be fundamental tax reform. And that means replacing...