Studies have shown that each one percent tax increase lowers output per worker by about two percent. That finding has been confirmed by state-by-state comparisons between high-tax and low-tax states.
Economy
What the Private Sector can Teach the Public Sector about Efficiency
Recently, former President Trump floated the idea of creating “a government efficiency commission a federal commission to audit the entire federal government.” And even better, he suggested putting Elon Musk in charge of the commission, saying he is a great “cost-cutter.” Unleashing a commission of this nature on the federal government, led by a titan...
October 17, 2024