Rodney Lockwood, Board Chairman of the Mackinac Center for Public Policy, warned that high-tax cities like New York City, Los Angeles, and San Francisco are facing serious structural trouble. Read More.
THE VAT IN NORWAY
As I write this Grassroots Corner, we are traveling in Norway. Norway has a Value Added Tax (Merverdiavgift or MVA), and I make a point of looking at my receipts when I am in a country like Norway that has one. Read More.
The ZIP code with the highest total number of foreclosures was 77327, located in rural Liberty County northeast of Houston, which had 8,189 in the six-year period. Read More.
Dr. Frank Luntz's new polling paints a troubling picture of America: 70% of voters say the economic system is "unfair," 55% say they're falling behind financially, and 38% — the highest since 2009 — say they want more socialism and less capitalism. Read More.
HOSTILE ARGUMENT: THE FAIRTAX WILL HURT TOWNS THAT BORROW AT LOW RATES TODAY
Today’s argument is one you won’t hear often, but I heard it from a member of my town council who was also a Senior Vice President at Merrill Lynch. Read More.
People said we were making it up — that corporate flight was a myth. Now we’re a cautionary tale. Washington’s largest companies knew higher taxes were coming. They warned Gov. Bob Ferguson that th… Read More.
Andrew Cuomo warns that socialist policies and aggressive taxes on the rich are driving a massive wealth transfer from New York to low-tax red states. Read More.
Gov. Kathy Hochul boasted that she’s against the “tax the rich” crusade that’s a rallying cry for Mayor Zohran Mamdani and his socialist cronies — even though she push… Read More.
All 10 counties with the largest net taxpayer losses are in California and New York, as Sun Belt migration accelerates amid high tax concerns. Read More.
The following article is reprinted with permission from Professor John Cochrane. He is one of the most prominent American economists working today in financial economics and macroeconomics. Read More.
California Gov. Gavin Newsom has announced that the first year of the state’s expanded Film and Television Tax Credit program is on pace to deliver a record $6.6 billion in economic impact. Read More.
MISSOURI MOVES TO DITCH ITS STATE INCOME TAX
In November, Missouri voters will decide whether to amend the state’s Constitution to phase out the state’s individual income tax and permit the extension of the state and local sales taxes to offset any lost revenue from the phase out. Read More.