Business & Economics
Blog
State Budget Week - Learn how the Newsom Budget Will Impact California's Tax Burden
The Newsom Budget on Taxes: Yes, Governor, California Is a High Tax State
California imposes the highest top marginal state income tax rate and one of the highest state and local sales tax rates in the country. It is simply illogical to claim that a state with the highest income tax rate and a very high state and local sales tax rates is ...
Blog
Will South Korea Survive?
READ THE PDF Will South Korea Survive? On December 27, the National Assembly, South Korea’s unicameral legislature, passed a motion impeaching Acting President Han Duck-soo, the first impeachment of an acting president in the history of the Republic of Korea. Now, nothing less than the continuation of democracy on the ...
Blog
Restaurant Minimum Wage Hurting Businesses and the Workers Proponents Seek to Help
In August 2024, Gov. Gavin Newsom took an erroneous victory lap celebrating his policy to raise the minimum wage for fast food workers. The law, AB 1228, effective in April, raised the minimum wage to $20 per hour for fast food workers. Citing preliminary federal data, Newsom claimed California gained ...
Blog
Spending Watch
A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty
A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty Wayne Winegarden and Nikhil Agarwal December 2024 2024 was a good year for proponents of a universal basic income (UBI). Following the 2019 experiment in Stockton, UBI pilot programs are underway across cities in ...
Blog
The Gordon Chang Report–Why China Believes Taiwan Is An Existential Threat
READ THE PDF Why China Believes Taiwan is an Existential Threat “The reunification of the motherland is a historical inevitability,” Xi Jinping proclaimed in his 2024 New Year’s address, referring to Taiwan.[1] China’s annexation of Taiwan as its 34th province, however, is by no means guaranteed. So far, Taiwan—officially the ...
Business & Economics
Learn more about Trump's tax plan
How Trump’s Tax Plan Could Affect the Middle Class
Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia. “This tax reduction improved U.S. economic competitiveness, accelerating income growth for middle-class families,” said Wayne Winegarden, ...
Business & Economics
Tevi Troy – The Power and the Money
This week, Tevi Troy – acclaimed presidential historian, former White House aide and Deputy Secretary of Health, joins us to discuss his terrific new book, The Power and the Money: The Epic Clashes Between Commanders in Chief and Titans of Industry. Plus Rowena and Tim discuss the latest Trump cabinet ...
Blog
Spending Watch
While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required
While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required Wayne Winegarden and Nikhil Agarwal November 2024 Three months into the 2024-25 fiscal year, state revenues are outperforming lowered expectations. Should these trends continue, the FY2025-26 budget process may avoid the crushing deficit problem that ...
Blog
Japan’s Ishiba: Time for ‘Asian NATO’ to Counter China and North Korea
READ THE PDF Japan’s Ishiba: Time for ‘Asian NATO’ to Counter China and North Korea “The geopolitical crisis surrounding our country has risen to the point where war could break out at any moment,” Shigeru Ishiba declared in a September 25 article posted on the website of the Hudson Institute, ...
Business & Economics
Learn more about how taxes harm economic activity
Does San Diego County’s Measure G measure up?
There’s no denying that the crumbling section of the coastal bluff near Del Mar that holds up the only rail line linking San Diego to the rest of California needs to be shored up. But is a tax hike necessary to get the job done? No, but that’s never stopped ...
State Budget Week - Learn how the Newsom Budget Will Impact California's Tax Burden
The Newsom Budget on Taxes: Yes, Governor, California Is a High Tax State
California imposes the highest top marginal state income tax rate and one of the highest state and local sales tax rates in the country. It is simply illogical to claim that a state with the highest income tax rate and a very high state and local sales tax rates is ...
Will South Korea Survive?
READ THE PDF Will South Korea Survive? On December 27, the National Assembly, South Korea’s unicameral legislature, passed a motion impeaching Acting President Han Duck-soo, the first impeachment of an acting president in the history of the Republic of Korea. Now, nothing less than the continuation of democracy on the ...
Restaurant Minimum Wage Hurting Businesses and the Workers Proponents Seek to Help
In August 2024, Gov. Gavin Newsom took an erroneous victory lap celebrating his policy to raise the minimum wage for fast food workers. The law, AB 1228, effective in April, raised the minimum wage to $20 per hour for fast food workers. Citing preliminary federal data, Newsom claimed California gained ...
Spending Watch
A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty
A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty Wayne Winegarden and Nikhil Agarwal December 2024 2024 was a good year for proponents of a universal basic income (UBI). Following the 2019 experiment in Stockton, UBI pilot programs are underway across cities in ...
The Gordon Chang Report–Why China Believes Taiwan Is An Existential Threat
READ THE PDF Why China Believes Taiwan is an Existential Threat “The reunification of the motherland is a historical inevitability,” Xi Jinping proclaimed in his 2024 New Year’s address, referring to Taiwan.[1] China’s annexation of Taiwan as its 34th province, however, is by no means guaranteed. So far, Taiwan—officially the ...
Learn more about Trump's tax plan
How Trump’s Tax Plan Could Affect the Middle Class
Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia. “This tax reduction improved U.S. economic competitiveness, accelerating income growth for middle-class families,” said Wayne Winegarden, ...
Tevi Troy – The Power and the Money
This week, Tevi Troy – acclaimed presidential historian, former White House aide and Deputy Secretary of Health, joins us to discuss his terrific new book, The Power and the Money: The Epic Clashes Between Commanders in Chief and Titans of Industry. Plus Rowena and Tim discuss the latest Trump cabinet ...
Spending Watch
While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required
While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required Wayne Winegarden and Nikhil Agarwal November 2024 Three months into the 2024-25 fiscal year, state revenues are outperforming lowered expectations. Should these trends continue, the FY2025-26 budget process may avoid the crushing deficit problem that ...
Japan’s Ishiba: Time for ‘Asian NATO’ to Counter China and North Korea
READ THE PDF Japan’s Ishiba: Time for ‘Asian NATO’ to Counter China and North Korea “The geopolitical crisis surrounding our country has risen to the point where war could break out at any moment,” Shigeru Ishiba declared in a September 25 article posted on the website of the Hudson Institute, ...
Learn more about how taxes harm economic activity
Does San Diego County’s Measure G measure up?
There’s no denying that the crumbling section of the coastal bluff near Del Mar that holds up the only rail line linking San Diego to the rest of California needs to be shored up. But is a tax hike necessary to get the job done? No, but that’s never stopped ...
