Economy

Business & Economics

Can’t Buy Me Gender Equality

President Trump just rescinded an Obama administration policy aimed at closing the economic gap between men and women. The measure would have required companies to collect data on pay differences between genders and races. It’s tempting to see the move as dismissive of the gender disparities in our economy. But ...
Business & Economics

Is 2017 The Year for Tax Reform and Spending Cuts?

CNN contributor and noted free-market economist Steve Moore joins us to talk about the Trump effect on the U.S. economy, and what the prospects look like for achieving tax reform and federal spending cuts this year.
Agriculture

Taxing Robots Will Hurt California Innovation and Opportunity

A California governor who went on to greater things was known to say that if government sees something move, it will tax it. Ronald Reagan’s words, spoken more than 30 years ago, are being played out today by a lawmaker who wants to enact a robot tax. Jane Kim, a ...
Business & Economics

One Club Taxpayers Will Never Be Able to Afford

California’s $100,000 Club has grown to an all-time high. And it’s not a particularly exclusive institution. This one has more than 61,000 members, all of them retired government employees, raking in pension benefits many in the private sector would envy. The membership drive was boosted by a sharp increase from ...
Blog

Beware of Tax Reform’s “Unintended Consequences”

There is little doubt that the U.S. needs comprehensive tax reform. The corporate income tax system is globally uncompetitive; the personal income tax system is so complicated that even the IRS can’t answer taxpayers’ questions. The right reform implements a simple flat tax system with globally competitive rates. What should ...
Blog

An (Artificially) Intelligent Future for California?

Californians harboring dystopian fears would have us believe that the state is sowing the seeds of its own destruction by leading in the development of artificial intelligence. Consider state legislation introduced this year that would fine companies like Uber $25,000 a day per vehicle if they operate self-driving cars without ...
Business & Economics

Government Should Leave Sharing Economy Alone

Governments tend to target innovative industries that are too new to be regulated and single them out for punitive taxes and nasty abuse. As Art Laffer once put it, governments aren’t happy when business pioneers enjoy “success without the benevolent, guiding wisdom of” of the regulatory state. This was the ...
Business & Economics

To Grow California’s Economy, Legislature Must Act to Stop Junk Lawsuits

California’s business climate is more predictable than its weather. It’s always one storm after the other. Companies relocate to states where they are welcomed rather than vilified and preyed upon. Capital is moved to more jobs-friendly states. Productive workers just get out, or are left behind with few good opportunities ...
Business & Economics

How To Create A High-Growth Economy

Click here to read part 1 of “Beyond the New Normal” by Wayne Winegarden and Niles Chura For more than a decade federal policy has re-shaped the economy through a variety of activist policies. Taxes have risen, spending has increased, and the regulatory state has been empowered. The Federal Reserve, ...
Business & Economics

Beyond the New Normal – New Study: Slow Economic Growth Is Not “The New Normal” For U.S. Economy

Countering the narrative that slow economic growth is “the new normal” for America’s economy, the Pacific Research Institute today released the first in a series of reports from its new study, Beyond the New Normal, which makes the case that future U.S. economic growth can meet –or exceed – past ...
Business & Economics

Can’t Buy Me Gender Equality

President Trump just rescinded an Obama administration policy aimed at closing the economic gap between men and women. The measure would have required companies to collect data on pay differences between genders and races. It’s tempting to see the move as dismissive of the gender disparities in our economy. But ...
Business & Economics

Is 2017 The Year for Tax Reform and Spending Cuts?

CNN contributor and noted free-market economist Steve Moore joins us to talk about the Trump effect on the U.S. economy, and what the prospects look like for achieving tax reform and federal spending cuts this year.
Agriculture

Taxing Robots Will Hurt California Innovation and Opportunity

A California governor who went on to greater things was known to say that if government sees something move, it will tax it. Ronald Reagan’s words, spoken more than 30 years ago, are being played out today by a lawmaker who wants to enact a robot tax. Jane Kim, a ...
Business & Economics

One Club Taxpayers Will Never Be Able to Afford

California’s $100,000 Club has grown to an all-time high. And it’s not a particularly exclusive institution. This one has more than 61,000 members, all of them retired government employees, raking in pension benefits many in the private sector would envy. The membership drive was boosted by a sharp increase from ...
Blog

Beware of Tax Reform’s “Unintended Consequences”

There is little doubt that the U.S. needs comprehensive tax reform. The corporate income tax system is globally uncompetitive; the personal income tax system is so complicated that even the IRS can’t answer taxpayers’ questions. The right reform implements a simple flat tax system with globally competitive rates. What should ...
Blog

An (Artificially) Intelligent Future for California?

Californians harboring dystopian fears would have us believe that the state is sowing the seeds of its own destruction by leading in the development of artificial intelligence. Consider state legislation introduced this year that would fine companies like Uber $25,000 a day per vehicle if they operate self-driving cars without ...
Business & Economics

Government Should Leave Sharing Economy Alone

Governments tend to target innovative industries that are too new to be regulated and single them out for punitive taxes and nasty abuse. As Art Laffer once put it, governments aren’t happy when business pioneers enjoy “success without the benevolent, guiding wisdom of” of the regulatory state. This was the ...
Business & Economics

To Grow California’s Economy, Legislature Must Act to Stop Junk Lawsuits

California’s business climate is more predictable than its weather. It’s always one storm after the other. Companies relocate to states where they are welcomed rather than vilified and preyed upon. Capital is moved to more jobs-friendly states. Productive workers just get out, or are left behind with few good opportunities ...
Business & Economics

How To Create A High-Growth Economy

Click here to read part 1 of “Beyond the New Normal” by Wayne Winegarden and Niles Chura For more than a decade federal policy has re-shaped the economy through a variety of activist policies. Taxes have risen, spending has increased, and the regulatory state has been empowered. The Federal Reserve, ...
Business & Economics

Beyond the New Normal – New Study: Slow Economic Growth Is Not “The New Normal” For U.S. Economy

Countering the narrative that slow economic growth is “the new normal” for America’s economy, the Pacific Research Institute today released the first in a series of reports from its new study, Beyond the New Normal, which makes the case that future U.S. economic growth can meet –or exceed – past ...
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