Tag Archive: competitiveness

  • Tax Cronyism is No Substitute for Good Tax Policy

    | November 21, 2014 | Add a comment

    One of the most significant upsets of the 2014 midterm elections was the choice by Maryland voters to elect a candidate who campaigned on lowering tax burdens and creating a more business-friendly state. Governor-elect Hogan represents a sharp rejection of the heavy-handed regulation and tax-and-spend policies of Governor Martin O’Malley, … »

  • A Halloween Horror Story: Tax Carve-Outs Edition One Year Later

    | October 31, 2014 | Add a comment

    Last year at Halloween, we told the gruesome tale of tax carve-outs. It all started when our social media guru, Jordan, asked for some statistics on the extent of total state tax carve-outs. He wanted to make a meme for this great image you see here, adding in some numbers … »

  • Cato Institute Grades Governors on their Fiscal Record

    and | October 24, 2014 | Add a comment

    When it comes to making their state’s economy more competitive, governors have a wide variety of policy options available. But which governors have the best track record on economic growth? The Cato Institute’s Fiscal Policy Report Card on America’s Governors analyzes each governor’s fiscal policies from January 2012 to August … »

  • The Blue States’ Economic Paradox

    | September 10, 2014 | 1 Comment

    Blue states have a problem. Although there are some recently notable exceptions, most vehemently oppose cutting taxes, favoring instead a tax-and-spend or top-down redistribution approach. They require high taxes to finance the pet projects they believe the market is too short-sighted to support, like Solyndra. At the same time, however, … »

  • Kansas Tax Cut Reality Check

    and | August 19, 2014 | Add a comment

    The recent debt downgrade of Kansas by Standard and Poor’s (S&P) is being used by opponents of pro-growth tax reform to support their ongoing narrative blaming the Kansas tax cuts for all of the state’s financial woes. They claim that the 2012 tax cuts are solely responsible for the downgrade … »

  • Michigan rejoins U.S. economy

    This appeared on The Detroit News on May 15, 2014. For most of the last decade, Michigan has unquestionably had the worst performing state economy. As economists and former Michigan residents, we know both the abysmal economic statistics and the real human costs of perpetual layoffs, declining income, long-term unemployment, … »

  • Revenue Shortfalls and Debt Downgrades in Kansas

    Kansas policymakers were recently hit with two pieces of bad news: a state bond downgrade by Moody’s investors and lower than expected income tax revenues. Opponents of Kansas tax reform and reform efforts outside the state are hailing this as a “teachable moment” on the problems with tax reform, but … »

  • Missouri Lawmakers Override Governor’s Veto, Choose Economic Growth

    Yesterday, the Missouri House of Representatives voted to override the veto of Governor Jay Nixon and enact broad based tax cuts for the citizens of Missouri for the first time in almost 100 years. The Missouri House joins the Missouri Senate, which voted to override Governor Nixon’s veto Monday. The … »

  • New 2014 Rich States, Poor States Rankings Show States Are Making Large Reforms

    | April 15, 2014 | Add a comment

    Since 2008, Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index has used the latest economic data to determine which states are doing well and which states are struggling. The past 50 years of data point to a clear connection between pro-growth policies of lower taxes, less regulations and competitive … »

  • Balancing Ride-on-Demand Innovations with Common Sense Consumer Protections

    | April 7, 2014 | 1 Comment

    We all can agree that overregulation of an industry tends to chill innovative business strategies and ultimately harm the consumers the regulations were intended to protect. However, in pursuit of free market solutions, policymakers must craft public policy approaches that not only allow free markets to flourish but also protect … »