Chris Edwards

Leaving High-Tax Connecticut for Low-Tax Florida

CHRIS EDWARDS, CATO INSTITUTE The exodus of the wealthy from high-tax Connecticut continues, according to the Wall Street Journal: After four years on the market, and three price...

Why is U.S. Government Infrastructure So Costly?

CHRIS EDWARDS, CATO INSTITUTE Tracy Gordon of the Urban-Brookings Tax Policy Center writes interesting columns on taxes, fiscal federalism, and other economic issues. Before Congress...

Tax Rates Rise as Income Rises

CHRIS EDWARDS, CATO INSTITUTE Tax Day is here. In a column about this unhappy day, Christine Emba of the Washington Post provides her views regarding income tax filing...

Did You Get a Tax Cut?

CHRIS EDWARDS, CATO INSTITUTE Federal tax returns for 2018 are due April 15 in most states. With your filing, you can see how your taxes...

Housing Prices, Supply, and Innovation

CHRIS EDWARDS, CATO INSTITUTE Housing prices have soared in many U.S. and international cities, which has generated affordability problems for middle- and lower-income families. An article...

Reporters Accept Illogical Gas Tax Narrative

CHRIS EDWARDS, CATO INSTITUTE Here is the framing of countless news articles on infrastructure: the streets have potholes; the federal gas tax has not been...

A.I. Needed to Decipher Tax Code

CHRIS EDWARDS, CATO INSTITUTE The 2017 Tax Cuts and Jobs Act included numerous pro-growth provisions, but it did little to simplify the tax code. Business...

Pearl Harbor Profligacy

CHRIS EDWARDS, CATO INSTITUTE A damaging divide in democracy is between the profusive promises of politicians and the pathetic performances of bureaucracies. Big government schemes...

Government: High Subsidies, Low Satisfaction

CHRIS EDWARDS, CATO INSTITUTE The OECD has released results from a survey of 22,000 people in 21 countries regarding their views of government social programs. Governments in the...

Federal Gas Tax Increase Not Needed

CHRIS EDWARDS, CATO INSTITUTE President Trump’s new budget proposes to increase federal spending on infrastructure by $200 billion over 10 years. Many members of Congress are supportive....

Private Satellite Firm Aids Boeing 737 Investigation

CHRIS EDWARDS, CATO INSTITUTE Canada privatized its air traffic control (ATC) system in 1996. Today, Nav Canada is on the leading edge of ATC innovation...

Federal Budget Outlook and Trump Tax Cuts

CHRIS EDWARDS, CATO INSTITUTE President Trump releases his budget for 2020 today. The budget includes major cuts to domestic programs to deal with rising deficits,...

Trump Budget 2020

CHRIS EDWARDS, CATO INSTITUTE The Trump administration has released its federal budget for 2020. The document lays out taxing and spending proposals and provides projections through 2029. The...

Economic Forecasts are Fiction

CHRIS EDWARDS, CATO INSTITUTE The Wall Street Journal reports: ECB economists have cut their economic growth forecast for 2019 to 1.1% from the 1.7% they had expected in...

Subsidizing Passenger Rail Makes Little Sense

CHRIS EDWARDS, CATO INSTITUTE A Wall Street Journal article on an upgrade to a Midwest rail line illustrates the shortcomings of pumping tax dollars into passenger rail. Amtrak’s route...

Governor Inslee Announces for President

CHRIS EDWARDS, CATO INSTITUTE Washington Governor Jay Inslee is throwing his hat in the ring for President of the United States. The central focus of...

Will Congress Let Amtrak Stem Losses?

CHRIS EDWARDS, CATO INSTITUTE The federal government does a lot of things poorly, including trying to run businesses such as an electric utility, a postal system, and...

Federal Transit Aid Harms Cities

CHRIS EDWARDS, CATO INSTITUTE The federal government spends $13 billion a year on subsidies for local rail and bus transit systems. This spending should be...

Markets and Emissions

CHRIS EDWARDS, CATO INSTITUTE In reviewing the Green New Deal, the Wall Street Journal’s Greg Ip says, “Because the private market has no incentive to reduce carbon...

Taxes on Tippy Tippy Top

CHRIS EDWARDS, CATO INSTITUTE U.S. Senator Elizabeth Warren told CNBC the other day: “I want these billionaires to stop being freeloaders … I want them to pick...

Corporate CEOs – Some of America’s Hardest Workers

CHRIS EDWARDS, CATO INSTITUTE It has become fashionable for Washington politicians to bash corporate executives—their decisions, their motivations, and their personal earnings. But when you...

Green New Deal Would Crush Liberal Values

CHRIS EDWARDS, CATO INSTITUTE A contradiction in left-wing politics for decades has been the professed support of community, diversity, localism, and democracy on the one...

A Rising Tide Is Lifting All Boats

CHRIS EDWARDS, CATO INSTITUTE President Trump delivers his State of the Union address tonight and will surely claim credit for the strong economy. He has...

Good News on Disability Programs

CHRIS EDWARDS, CATO INSTITUTE There is good news for taxpayers regarding federal disability programs. The strong economy and administrative reforms have begun reducing caseloads for the Social...

Beer vs. Bureaucracy

CHRIS EDWARDS, CATO INSTITUTE The federal shutdown revealed some of the ways that the government needlessly shackles the economy through subsidies and regulations. The microbrew...

Federal Subsidies Infiltrate Everything

CHRIS EDWARDS, CATO INSTITUTE Can’t anyone do anything in this country without federal subsidies? A friend emailed me a local news story from Lancaster County, Pennsylvania:...

Winner and Loser States from Centralized Government

CHRIS EDWARDS, CATO INSTITUTE Ninety years ago, two-thirds of government spending in America was state-local and one-third was federal. Today, it is the reverse with...

Another Hostage from the Federal Shutdown: Small Business

CHRIS EDWARDS, CATO INSTITUTE We are in the fourth week of the partial federal shutdown, which is starting to disrupt the broader economy because the...

Welfare Cowboy

CHRIS EDWARDS, CATO INSTITUTE A reporter called the other day to ask what I thought about the National Endowment for the Arts (NEA) giving subsidies...

The Shutdown’s Real Lesson

Government Has Taken Hostage Too Much of the Economy CHRIS EDWARDS, CATO INSTITUTE This article appeared on MarketWatch on January 10, 2019. We are in the third week of...