Pacific Research Institute

Business & Economics

California can’t mess with Texas

A study two years ago found that California substantially lagged behind Texas economically, based on the two states’ taxes, regulatory policies and government spending. That study, performed by the Texas Public Policy Foundation, recently was updated. Not only does California continue to lag but, by comparison, it “has become even ...
Commentary

Economc Study Funded by Prop. 23 backers questioned

The report had a tantalizing hook: “Proposition 23 will create 1.3 million jobs by 2020,” including 150,000 jobs next year. Proponents of the campaign to roll back the state’s landmark greenhouse gas reduction law touted the nonprofit Pacific Research Institute’s study in an Oct. 5 news release as “good news ...
Business & Economics

LaFaive: Give businesses freedom to create jobs

When the price of something goes up, the quantity demanded of it goes down. When government raises the price of creating jobs, investing and living in Michigan, we get less of those things. There’s plenty of evidence to back this common-sense truth. A March 2010 Federal Reserve Bank of St. ...
Business & Economics

Brown’s Tax-the-Rich Mantra Won’t Work

The “w” word used by a Jerry Brown strategist to describe Meg Whitman’s alleged sellout on her pension reform proposals to public safety unions that are endorsing her dominated much of the coverage of the Oct. 12 debate. But far more important to California’s future was Brown’s own sellout to ...
Commentary

New Study Shows Arizona Tax Credits Serve Low- and Moderate-Income Families

Arlington, Va.—On November 3, the U.S. Supreme Court will hear the next big school choice case. A new study released today, which examines the Arizona choice program at the center of the legal fight, finds that the primary beneficiaries of the choice program are overwhelmingly students from low- and moderate-income ...
Commentary

California’s Cap-and-Trade War

What happens when environmental fashion collides with a state’s desperate need for jobs and economic growth? That question will be put to the test when Californians vote November 2 on a ballot measure that would suspend the Golden State’s cap-and-trade law until its unemployment rate falls below 5.5%. Today the ...
Business & Economics

State overspends, and gets less for more

Last week the Democratic leader of the state Senate said the state should provide child care for people no longer on welfare, among $470 million worth of other social services. Consequently, Sen. Darrell Steinberg said, in January he will attempt to reverse Gov. Arnold Schwarzenegger’s line-item budget vetoes eliminating those ...
Business & Economics

The Best States For Business And Careers

Utah lowered its corporate tax rate from 7% to 5% in 2008, to the delight of businesses. The rate is now one of the lowest in the country. The regulatory climate is also pro-business, with the Pacific Research Institute rating Utah second-best in the regulatory component of its U.S. Economic ...
Business & Economics

Conservative think tank says California spending too much

When Gov. Arnold Schwarzenegger pared nearly a billion dollars from the state budget, Democratic politicians and liberal groups cried foul and said they’d attempt to undo the cuts in health and social services when the Legislature returns to Sacramento in December. Whether the cuts will be restored, however, depends largely ...
Commentary

Speech: Washington Doesn’t Know Best: The Perils of Federal Control of Education

Lance T. Izumi delivered a speech on Federal control of education on October 6, 2010 at St. Vincent’s College in Latrobe, PA. Download a full transcript of the speech here. In order to appreciate the full dangers of the Obama administration’s attempt to centralize education policymaking and decisionmaking in Washington, ...
Business & Economics

California can’t mess with Texas

A study two years ago found that California substantially lagged behind Texas economically, based on the two states’ taxes, regulatory policies and government spending. That study, performed by the Texas Public Policy Foundation, recently was updated. Not only does California continue to lag but, by comparison, it “has become even ...
Commentary

Economc Study Funded by Prop. 23 backers questioned

The report had a tantalizing hook: “Proposition 23 will create 1.3 million jobs by 2020,” including 150,000 jobs next year. Proponents of the campaign to roll back the state’s landmark greenhouse gas reduction law touted the nonprofit Pacific Research Institute’s study in an Oct. 5 news release as “good news ...
Business & Economics

LaFaive: Give businesses freedom to create jobs

When the price of something goes up, the quantity demanded of it goes down. When government raises the price of creating jobs, investing and living in Michigan, we get less of those things. There’s plenty of evidence to back this common-sense truth. A March 2010 Federal Reserve Bank of St. ...
Business & Economics

Brown’s Tax-the-Rich Mantra Won’t Work

The “w” word used by a Jerry Brown strategist to describe Meg Whitman’s alleged sellout on her pension reform proposals to public safety unions that are endorsing her dominated much of the coverage of the Oct. 12 debate. But far more important to California’s future was Brown’s own sellout to ...
Commentary

New Study Shows Arizona Tax Credits Serve Low- and Moderate-Income Families

Arlington, Va.—On November 3, the U.S. Supreme Court will hear the next big school choice case. A new study released today, which examines the Arizona choice program at the center of the legal fight, finds that the primary beneficiaries of the choice program are overwhelmingly students from low- and moderate-income ...
Commentary

California’s Cap-and-Trade War

What happens when environmental fashion collides with a state’s desperate need for jobs and economic growth? That question will be put to the test when Californians vote November 2 on a ballot measure that would suspend the Golden State’s cap-and-trade law until its unemployment rate falls below 5.5%. Today the ...
Business & Economics

State overspends, and gets less for more

Last week the Democratic leader of the state Senate said the state should provide child care for people no longer on welfare, among $470 million worth of other social services. Consequently, Sen. Darrell Steinberg said, in January he will attempt to reverse Gov. Arnold Schwarzenegger’s line-item budget vetoes eliminating those ...
Business & Economics

The Best States For Business And Careers

Utah lowered its corporate tax rate from 7% to 5% in 2008, to the delight of businesses. The rate is now one of the lowest in the country. The regulatory climate is also pro-business, with the Pacific Research Institute rating Utah second-best in the regulatory component of its U.S. Economic ...
Business & Economics

Conservative think tank says California spending too much

When Gov. Arnold Schwarzenegger pared nearly a billion dollars from the state budget, Democratic politicians and liberal groups cried foul and said they’d attempt to undo the cuts in health and social services when the Legislature returns to Sacramento in December. Whether the cuts will be restored, however, depends largely ...
Commentary

Speech: Washington Doesn’t Know Best: The Perils of Federal Control of Education

Lance T. Izumi delivered a speech on Federal control of education on October 6, 2010 at St. Vincent’s College in Latrobe, PA. Download a full transcript of the speech here. In order to appreciate the full dangers of the Obama administration’s attempt to centralize education policymaking and decisionmaking in Washington, ...
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