New Population Projections Paint Grim Demographic Picture

Recently the Governor’s Office of Policy and Management (thanks to State Economist Amanda Rector) released new detailed projections of Maine’s population. As I blogged in “Maine’s Demographic Winter by County,” Maine is now only 1 of 2 states where there … Continue reading

Taxpayers React to Higher Taxes in 2013

Amazingly, there are some people that continue to deny that changes in taxes impact taxpayer behavior. Put simply, if you increase taxes on something you can expect to have less of it. This is straight from the LAW of supply … Continue reading

Untying Uncle Sam’s Gordian Budget Knot

When analyzing the latest federal budget projections from the Congressional Budget Office, it quickly becomes apparent that the budget forecast relies heavily on questionable expectations: higher tax revenue (due to the recent tax hikes) and lower discretionary spending (due to the Budget … Continue reading