By borrowing, rather than raising taxes, those in Washington D.C. have been able to find money for their various boondoggles. The United States was founded on the principle that there should be ‘no taxation without representation’ – and adherence to that principle helped keep government small for much of America’s history. Throughout the nineteenth and…

A cut in taxes is recurring. With a tax rebate you get a one-off grant – given in an election year. What’s the difference between a tax cut and a tax rebate? This question may feature prominently during the current legislative session in Jackson. A tax cut means lowering the amount of tax taken from…

Any increase in government spending should not exceed the rate of population growth plus inflation. Mississippi recently made some significant tax cuts. Thanks to the 2022 Mississippi Tax Freedom Act, over a million Mississippi workers will be better off as the state income tax rate is reduced from around 7 percent to a flat 4…