Governors’ Fiscal Report Cards

The Cato Institute has just released its report card on the fiscal responsibility of each of the governors around the country. The report card’s grading is based on 17 objective measures of each governor’s fiscal performance. Governors who have cut taxes and spending the most receive the highest grades. Those who have increased spending and taxes the most receive the lowest grades.

This year, only two governors earned the highest grade of A: Bill Owens of Colorado (76) and Jeb Bush of Florida (67). Four governors received the lowest grade of F: Gray Davis of California (42), Don Sundquist of Tennessee (40), Bob Taft of Ohio (40) , and John Kitzhaber of Oregon (30). Our Arkansas GOP Governor Mike Huckabee scored a 52, for a “grade” of C.

You can also download the full 65 page pdf report.

KMK

Auto Leasing Exposed

Here is some more good information on why leasing vehicles is normally a big rip off for consumers, but very profitable for the leasing companies.

KMK

2003 Tax Rates

For those people who like to do some advance planning, I have posted the 2003 individual income tax rate schedules, plus the inflation adjusted amounts for personal exemptions and standard deductions.

I have also included more detail on the phase-outs of the personal exemptions and itemized deductions for the people who have been classified as unworthy evil rich by our rulers in DC. I also added this extra info for 2002.

This new info came courtesy of Research Institute of America.

KMK