Income taxes act as a significant drag on personal income growth. Real personal income growth was more than twice as high in low- or no-income tax states, compared with the states with the biggest increase in tax burden. Income taxes also have a clear effect on population growth, which helps fuels tax revenue.
Economy
Trump shows he will MAWA (Make America Work Again)
Former President Donald Trump went viral this week for making a campaign pitstop in Pennsylvania to work the fry station and drive-through at a McDonald’s. But Trump’s visit at McDonald’s was more than a publicity stunt—it represents the core of what makes him appealing to voters and, ultimately, what will carry him across the finish line in...
October 28, 2024