With fuel prices expected to be seventy cents cheaper during the summer driving season, how will Missouri replace that loss fuel tax revenue in this worsening Obama economy? Mr. Stokes has an interesting idea that could be an example of the government and the private sector actually working together to solve a problem.  “The use [...]

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Show-Me-Institute research analyst Christine Harbin pens an op-ed about Missouri’s green sales tax holiday and rebate program. Harbin argues that instead of creating new economic activity, programs that offer rebates on specific products like appliances and cars merely distort the market. By Christine Harbin On April 19, Missouri began a weeklong program of providing $5.6 [...]

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“Increasing America’s debt weakens us domestically and internationally. Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership.” – Sen. Barack Obama In 2009, Dr. Arthur Laffer, one of the world’s most influential economists, teamed up with the [...]

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By John Payne With stimulus spending one of the most contentious issues in a very contentious political year, politicians of all stripes have argued about whether government spending boosts or hinders economic growth. It is beyond debate, however, that the spending will have to be paid for by taxpayers either now or in the future. [...]

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Hat tip:AFPMissouri Economist Art Laffer testified in favor of Missouri HJR 56/ SJR 29. Laffer explains his research supporting the elimination of State Income Tax and discusses the harmful effects of Missouri’s income tax. To achieve the most economic growth and job creation, Missouri should eliminate its state income tax and move to a sales [...]

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Good piece from Dr. Haslag and Mr. Stokes. We generally agree that tax cuts are better long term for an economy than government spending, but we still must go back to the point we made in an earlier post. We say no thanks to tax cuts with borrowed and printed money that our children and [...]

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