In 2006, the state of Indiana leased the Indiana Toll Road to a private company. That company went bankrupt recently, but, because the toll road had been privatized, taxpayers weren't stuck with the bill.
Missouri voters recently defeated a sales tax initiative to fund transportation needs. Nonetheless, Missouri's Department of Transportation (MoDOT) has to find funding for maintenance and improvement projects. This panel discussion explores future funding options for MoDOT.
You may have heard of Common Core--the Common Core State Standards--but what are these standards for primary education and are they appropriate for Missouri? This panel of educational experts discuss their pros and cons.
Overall, the three guiding principles in tax policy and tax administration should be simplicity, consistency, and equity. Complexity and inconsistency in administration can cause confusion not only for taxpayers, but also for the people charged with enforcing the state’s rules and regulations.
City governments provide important services to city residents, and these services need to be financed through taxation. In turn, taxation alters the decisions of those being taxed, and these effects need to be considered when city officials are deciding how to finance the services provided. Put simply, a city government needs to be mindful of the aphorism “If you tax something, you will get less of it.” Because of the relative immobility of property, property taxes are the most important source of tax revenue for cities; however, both the...
Individuals who support free markets and limited government often are the most strident advocates for school choice. Many of these same individuals applaud the development of the emerging school choice market in New Orleans. The irony of this is that Louisiana has expanded choice and created the first all-charter school district in the country through the use of greater centralized control.
This strategy of promoting decentralization through centralization is spreading. Thus far, Louisiana’s turnaround has inspired Tennessee, Michigan, and...
Analysts and scholars with the Show-Me Institute have identified free-market policy changes that could improve Saint Louis County. These pamphlets summarize those recommendations for transforming the county's regulatory, transparency, budget, and tax policy.