I had an opportunity to speak with the authors of the new Mercatus Center report, “Freedom in the 50 States.” Here’s the audio:
- Tighten the rules for municipal-bond issuance and cut spending, particularly on grants to local school districts and employee compensation (repeal the prevailing-wage law), in order to retire debt.
- Reduce homeschool recordkeeping requirements to a simple record of attendance, like Indiana and Tennessee require.
- Dramatically raise contribution limits for grassroots PACs and individuals.
Interestingly, what brought Kentucky down was its score in economic freedom, where the state ranked 34th overall. The authors noted that Kentucky’s fiscal structure means a large share of tax revenues go through Frankfort rather than through local governments.