IRS has released new data on interstate migration. For households with income over $200,000, the best in-migration/out-migration ratio is Florida, and the worst ratio is Illinois. cato.org/blog/interstat…
Chris Edwards
4,257 posts
Chris Edwards
@CatoEdwards
- Trump's budget to spend $5.4 trillion in 2021. Spending up 21% over four years under this president. cato.org/blog/trump-spe…
- I gave Tim Walz an "F" on the 2022 Cato Governors Report Card. Big taxer and spender. cato.org/white-paper/fi…
- Middle earners get biggest cuts in GOP tax bill, despite what the media is claiming tinyurl.com/yawkstjt
- Cato has released a new study on the $120 billion food stamp program, also called Supplemental Nutrition Assistance Program (SNAP). The program does not deliver nutrition. One-quarter of the benefits are junk food. cato.org/briefing-paper…
- Welfare reform in 2018? One option is cut out junk food in food stamps tinyurl.com/ya7wdv37
- The penetration of the Capitol complex yesterday was remarkable. The Capitol Police cannot complain about underfunding, that’s for sure. The agency’s budget has soared from $115 million in 2000 to $516 million in 2021.
- New CBO report shows that the share of overall federal taxes paid by high earners has increased substantially over time. cato.org/blog/federal-t…
- Joe Biden claims that "middle‐class Americans were largely left out" of Trump's 2017 tax cut. New estimates show that is not true. Indeed, households toward the bottom received the largest percentage tax cuts.
- Treasury Secretary Janet Yellen says that the Biden administration's proposed budget is "responsible." I have a different view. cato.org/blog/president…
- Cato has released the 2024 Fiscal Report Card on the governors. Highest score: Kim Reynolds of Iowa. Lowest score: Tim Walz of Minnesota.
- Relative to GDP, the US already has one of the largest and fastest-growing mountains of government debt among high-income countries. New spending is against the children, not for the children.
