1) Millions of Americans Are Fleeing the High-Income-Tax States

Unleash Prosperity will officially unveil its new website Votewithyourfeet.net at 5pm this evening in a DC event with Governor Glenn Youngkin of Virginia.

Here's one of the many takeaways on the winner and loser states from interstate migration.  States with high income taxes are losing people and money to states with no income tax.  The total addition to the net income of the no-income tax states over the last decade has been more than $200 billion. No wonder Texas and Florida don't need an income tax.

Meanwhile the 10 states with the highest income taxes have lost more than $200 billion of income. They are getting poorer.  

So why doesn't every state eliminate their income tax? It's a clear money loser.  

2) No Recess: Senate Must Confirm Trump's Nominees Now

Six months into Trump's presidency, fewer than half of his nominees to political positions have been confirmed by the GOP-controlled Senate.

This is a scandal.

What kind of a business could operate profitably if a new CEO had fewer than half the company's managers on the job?

Trump is right to demand a vote on every pending nominee before Senators leave town for their month-long August recess. If they can't manage that, they should stay in Washington until they are do their job.

The Washington Examiner reminds us that "Senate Democrats unilaterally changed Senate rules in 2013, so only 50 votes are now needed to advance nominees through the Senate."

Last time we checked, there were 53 Republicans. John Thune should announce no one gets out of Dodge before these votes are tallied.

3) This Headline Should be a Wake-Up Call to Democrats

We hope HOTLINE readers don't view us as GOP cheerleaders. The Republicans are no angels, and they have been co-conspirators in the runaway spending and debt crisis in Washington.

But what exactly is the Democratic message on the economy? Raise taxes on the rich. Destroy America's energy capacity due to climate change religiosity. Businesses are evil. Expand welfare payments. Grow the government. Defend rotten schools and put teacher union interests above parents and kids. Diversity over merit.

As recently as the 1990s, the Bill Clinton pro-market centrists were ascendant in the Democratic Party. It was a period of balanced budgets, abundant jobs, falling government spending, free trade, a technology boom, and a mighty stock market surge. The era of big government was over.

Now it's back. Every Democrat in Congress voted against preventing a $4 trillion tax increase next year, punctuating the sad, steep decline of the party.

Quick: name one Democrat in Washington - just one - that has a pro-growth, pro-America agenda.

If you can find one, we'd be first in line to promote him or her.

Voters Don't Like Republicans But Hate Democrats

The high cost of housing has emerged as one of the hottest political/economic issues.

Why are costs so stubbornly high?

This chart from the folks at the Rational Optimist provides some instructive insights.  It's self-evident that cities with rising inflows of people have higher price increases. There's no housing affordability issue in Peoria.

5) AI Tool Will Help DOGE Eat Federal Regulations

Elon Musk may have left Washington, but DOGE isn't slowing down in its work.

The Washington Post reports that DOGE staffers have developed an artificial intelligence tool to identify regulations in need of a trim. The goal is to combine AI with agency staff feedback to alter or eliminate about half of the current 200,000 federal rules by next January.

The DOGE AI Deregulation Tool is already in use at the Department of Housing and Urban Development and the Consumer Financial Protection Bureau. Its main goal is to carry out the Trump executive order to repeal 10 rules for every new rule issued. Even without AI, the Trump White House has so far reduced regulatory costs by some $100 billion, representing 52.2 million hours in paperwork.

The problem is that it would take 3.6 million man-hours to review 100,000 regulations under the current system.

The AI tool will turbocharge that effort by saving 93 percent of the human labor needed to review each regulation and the public comments on each.

6) The End Is Nigh! No, Really!

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