
CATO says no to ‘spend spend spend’ CA budget
The CATO Institute seeks to broaden the parameters of public policy debate to allow consideration of the traditional American principles of limited government, individual liberty, free markets and peace. Toward that goal, the Institute strives to achieve greater involvement of the intelligent, concerned lay public in questions of policy and the proper role of government.
As CATO’s Director of Tax Policy Studies, Chris Edwards is a top expert on federal and state/local tax and budget issues. Edwards has penned a column entitled, "Busting the State Tax-Revenue Boom."
His piece is centered around the fact that when times are good, and state revenues are on the rise, state budgets grow. But then it becomes increasingly difficult for state’s to… Read More