Texas is in much better shape than California. Taxes are lower, in part because Texas has no state income tax. No wonder the Lone Star State is growing faster and creating more jobs. And the gap will soon get even wider since California voters recently decided to drive away more productive people by raising top […]

I’ve already had a couple of blog posts commenting on how Texas is kicking California’s you-know-what. Being a fiscal policy person, I always point to California’s punitive state income tax as an example of bad policy and highlight the absence of any income tax in Texas to explain the success of that state. But sometimes […]