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California’s Slow and Steady Fiscal Death

California’s Slow and Steady Fiscal Death

by Dan Mitchell | Feb 16, 2025 | Big Government, Blogs, States, Taxation

California’s top fiscal problem is an ever-growing burden of government spending. In case anyone thinks that is just empty rhetoric, the state budget over the past three decades has risen at twice the rate of inflation. One consequences of ever-expanding...
Goldilocks and the Laffer Curve

Goldilocks and the Laffer Curve

by Dan Mitchell | Feb 8, 2025 | Blogs, Economics, Supply Side, Taxation

Other than Art Laffer, I think of myself as the world’s biggest advocate of the Laffer Curve. I’ve literally written hundreds of columns explaining and promoting the concept. My goal is to help people understand that there is not a linear...
A Second Edition of Trump: Three Hopes, Three Fears

A Second Edition of Trump: Three Hopes, Three Fears

by Dan Mitchell | Jan 20, 2025 | Big Government, Blogs, Economics, Government Spending, Regulations

Yesterday, I celebrated Biden’s exit from Washington. We have 50-plus years of evidence showing he is a corrupt, big-government mediocrity. Good riddance. But Biden being bad does not imply Trump being good. Instead, he’s an incoherent mix. Some of his...
California’s Slow and Steady Fiscal Death

More Americans Voting with their Feet for Lower Taxes

by Dan Mitchell | Jan 6, 2025 | Blogs, States, Tax Competition, Taxation

I’ve written countless times about how taxpayers “vote with their feet” against high taxes and big government. Most recently, I wrote about rich people escaping Norway because that country’s left-wing government dramatically boosted its...
Academic Research Estimating the Laffer Curve

Academic Research Estimating the Laffer Curve

by Dan Mitchell | Dec 17, 2024 | Blogs, Economics, Supply Side, Taxation

Some people say the Laffer Curve is the economic version of Goldilocks. But instead of being a story about whether the porridge is too hot, too cold, or just right, it’s a story about whether tax rates are too high, too low, or just right. But I’ve never...
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