Economy
Business & Economics
From Hooverville To Trumpville
In June of 1930 President Hoover signed the Smoot-Hawley Act. This Act imposed steep tariffs on over 20,000 different goods that Americans imported from other countries. As of its time, it was one of the largest tax increases in history. It was also one of the driving factors that turned ...
Blog
Los Angeles’ Airbnb Tax is a Bargain Compared to Italy’s
There are plenty of similarities between Italy and California. Both are similar in size and have wonderful wine countries and picturesque coastlines. They also share high taxes, a challenging regulatory landscape, and a growing gap between their richest and poorest residents. One major difference between Italy and the Golden State ...
Business & Economics
Tariffs Are A Clear and Present Danger To The U.S. Economy
The business guru Peter Drucker is credited with the notion that “if you can’t measure something you can’t manage it”. Using this logic in reverse, perhaps the best way to thwart the misplaced attempts to manage global economic trade is to stop measuring it. After all, when was the last ...
Business & Economics
Wayne Winegarden Discusses Trump Tax Cuts with TheStreet.com
Tax-Cut-Fueled Stock Buybacks Retard Emergence of Trump’s ‘Greatest’ Economy By Bradley Keoun President Donald Trump’s tax cuts have prompted corporate executives use the cash windfall to reward their own investors instead of building factories, buying new equipment or accelerating wage increases that might spur consumer spending and stimulate the U.S. economy. ...
Blog
Free Markets 101: Free Markets Enable Prosperity and Compassion
The U.S. economy has generated more wealth for more people than any other economic system in human history, and it’s not even close. What began as a small group of colonies clustered near the eastern seaboard of a mostly empty continent founded by political and religious refugees somehow become more ...
Blog
When the Public Option Is the Only Option
Single-payer has failed abroad and at home. Yet the call for single-payer from progressives has never been louder. Vermont senator Bernie Sanders (I-VT) and his dedicated followers have been the loudest. In his campaign for the Democratic presidential nomination in 2016, he promised “Medicare for All.” In September 2017, he ...
Blog
The Anti-Growth Tariffs Are a Clear and Present Danger to Our Future Economic Prosperity
Without a hint of irony, while announcing the 25 percent tariffs on imported steel and the 10 percent tariffs on imported aluminum on May 31st, Commerce Secretary Ross proclaimed that “we take the view that without a strong economy, you cannot have strong national security”. In reality, these tariffs will ...
Blog
Taxifornia This Week
By Rowena Itchon and Tim Anaya This week, the Assembly and Senate face a key deadline. All bills originating must pass their “house of origin” by the end of the week (i.e., bills introduced in the Assembly must pass the Assembly). The Appropriations Committees of both houses weighed in on ...
Blog
Could Court Case Gig the Gig Economy?
Businesses in California could use some good news, but one wonders when — and sometimes if — any will ever come. At the same time, there seems to be no end to the bad news, at least when government authorities are involved. The most recent example is a California Supreme ...
Business & Economics
Federal Government Must Revamp Spending To Maximize Economic Growth
It’s not news that the federal government spends too much. This year, the federal government will spend about $30,000 per taxpayer. That doesn’t count the public debt — every taxpayers’ share is over $145,000 — or unfunded liabilities like Social Security and Medicare, which add another $600,000 to $1.6 million per taxpayer. ...
From Hooverville To Trumpville
In June of 1930 President Hoover signed the Smoot-Hawley Act. This Act imposed steep tariffs on over 20,000 different goods that Americans imported from other countries. As of its time, it was one of the largest tax increases in history. It was also one of the driving factors that turned ...
Los Angeles’ Airbnb Tax is a Bargain Compared to Italy’s
There are plenty of similarities between Italy and California. Both are similar in size and have wonderful wine countries and picturesque coastlines. They also share high taxes, a challenging regulatory landscape, and a growing gap between their richest and poorest residents. One major difference between Italy and the Golden State ...
Tariffs Are A Clear and Present Danger To The U.S. Economy
The business guru Peter Drucker is credited with the notion that “if you can’t measure something you can’t manage it”. Using this logic in reverse, perhaps the best way to thwart the misplaced attempts to manage global economic trade is to stop measuring it. After all, when was the last ...
Wayne Winegarden Discusses Trump Tax Cuts with TheStreet.com
Tax-Cut-Fueled Stock Buybacks Retard Emergence of Trump’s ‘Greatest’ Economy By Bradley Keoun President Donald Trump’s tax cuts have prompted corporate executives use the cash windfall to reward their own investors instead of building factories, buying new equipment or accelerating wage increases that might spur consumer spending and stimulate the U.S. economy. ...
Free Markets 101: Free Markets Enable Prosperity and Compassion
The U.S. economy has generated more wealth for more people than any other economic system in human history, and it’s not even close. What began as a small group of colonies clustered near the eastern seaboard of a mostly empty continent founded by political and religious refugees somehow become more ...
When the Public Option Is the Only Option
Single-payer has failed abroad and at home. Yet the call for single-payer from progressives has never been louder. Vermont senator Bernie Sanders (I-VT) and his dedicated followers have been the loudest. In his campaign for the Democratic presidential nomination in 2016, he promised “Medicare for All.” In September 2017, he ...
The Anti-Growth Tariffs Are a Clear and Present Danger to Our Future Economic Prosperity
Without a hint of irony, while announcing the 25 percent tariffs on imported steel and the 10 percent tariffs on imported aluminum on May 31st, Commerce Secretary Ross proclaimed that “we take the view that without a strong economy, you cannot have strong national security”. In reality, these tariffs will ...
Taxifornia This Week
By Rowena Itchon and Tim Anaya This week, the Assembly and Senate face a key deadline. All bills originating must pass their “house of origin” by the end of the week (i.e., bills introduced in the Assembly must pass the Assembly). The Appropriations Committees of both houses weighed in on ...
Could Court Case Gig the Gig Economy?
Businesses in California could use some good news, but one wonders when — and sometimes if — any will ever come. At the same time, there seems to be no end to the bad news, at least when government authorities are involved. The most recent example is a California Supreme ...
Federal Government Must Revamp Spending To Maximize Economic Growth
It’s not news that the federal government spends too much. This year, the federal government will spend about $30,000 per taxpayer. That doesn’t count the public debt — every taxpayers’ share is over $145,000 — or unfunded liabilities like Social Security and Medicare, which add another $600,000 to $1.6 million per taxpayer. ...
