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tax policy

Taxes Part 3: Measuring Success

Posted on October 4, 2017January 24, 2019 by Ed King

In part 1, I spoke about why taxes are necessary in an economy. In part 2, I discussed how an economy functions and how taxation impacts an economy in general terms. Now, in part 3, I will discuss a little more deeply how to measure a successful tax policy. In part 4, I will compare[…]

Posted in State Finances Tagged tax, tax policy, taxes Leave a comment

Taxes Part 1: Why Tax?

Posted on September 19, 2017January 24, 2019 by Ed King

When it comes to tax strategy, from the view of any level of government, we must think about what we are trying to achieve. Generally speaking, tax policy has one of three goals. First, to raise revenues to pay for core services that benefit the public at large. Second, to reduce the incentive to perform[…]

Posted in State Finances Tagged fiscal policy, Revenue generation, tax, tax policy Leave a comment

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Current Economic Numbers (as of May 25, 2020)

Unemployment rate: 13.7%

Employed: 288,767 (-31,933)

Unemployed: 45,980 (+26,027)

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