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For the past 6 years, my good friend Steve Moore and his group, Unleash Prosperity, have been publishing what has got to be one of the best sources of information you can find, and it's free: The Unleash Prosperity Hotline. Unleash Prosperity is all about how good public policy can promote growth and prosperity. Today's edition is not to be missed. Here are the topics with links to the text and graphics in each:
1) Another Trump Big Beautiful Tax Bill Success Story
Thanks to a big cut in corporate taxes, corporate inversions are a thing of the past.
2) To Lower Food Prices, End Biden's Fertilizer Tariffs
Biden's huge tax on phosphate is costing US agriculture $1 billion per year. About a third of the world's fertilizer supplies pass through the Strait of Hormuz, and prices have spiked of late.
Biden's huge tax on phosphate is costing US agriculture $1 billion per year. About a third of the world's fertilizer supplies pass through the Strait of Hormuz, and prices have spiked of late.
3) Will Washington Gov Bob Ferguson Save His State?
Companies and billionaires are fleeing the state in anticipation of a 9.9% income tax on millionaires.
Companies and billionaires are fleeing the state in anticipation of a 9.9% income tax on millionaires.
4) California Pays the Highest Gas Taxes for the Worst Roads
Blue states tend to have high taxes and incompetent state government.
Blue states tend to have high taxes and incompetent state government.
5) Data Centers Don't Raise Electricity Prices
The discrepancy in electricity rates across the country is driven more by state-level policies than by the proliferation of data centers.
The discrepancy in electricity rates across the country is driven more by state-level policies than by the proliferation of data centers.
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1 comment:
Further on California and high tax/cost of living states- the roads, schools, and some other things are not in good shape.
This page shows a study from ~2013 comparing personal income state by state adjusted for taxes and cost of living. In my opinion this gives a good measure of the average person's quality of economic life. Of course there is climate, geography and culture that isn't measured by this. A lot of the "rich" states don't "live" that way for the average resident.
California is number 37 and "poor" states like Oklahoma and Louisiana are come in a 15 and 21, for example. Florida is 34, North Carolina 35, so places that are touted as better economically in mainstream media... might not be.
https://www.aei.org/carpe-diem/adjusting-state-incomes-for-taxes-and-price-levels-may-change-our-perceptions-of-which-us-states-are-poor-or-rich/
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