Government Spending
Business & Economics
Congress will show economic leadership by extending tax cuts
In 2001 and 2003, under the administration of George W. Bush, Congress passed significant tax reductions. These will expire on December 31, if Congress does nothing. Instead, Congress should seize the opportunity to show economic leadership, by extending the cuts and cutting federal spending. The current debate in Washington centers ...
Government Spending
Medicare needs systemic remedies
President Barack Obama signed a bill to “fix” payments to doctors by Medicare — until November. Although costing taxpayers $6.5 billion, this short-term patch will just have to be “fixed” again right after the next election. Throwing more money at a broken Medicare reimbursement schedule is what passes for bipartisan ...
Business & Economics
When governments lobby governments
During the current economic downturn, governors across the nation such as Arnold Schwarzenegger of California have been lining up to lobby the federal government for bailout money. For the public, and taxpayers in particular, this activity raises serious but seldom examined questions. If private citizens undertook such activity, there are ...
Business & Economics
Drowning In A VAT Of Taxes
The debate over a national sales tax, or valued-added tax, to tackle the country’s deficit and debt problems has intensified as we approach the fall election. Unfortunately the facts are becoming more obscure, and the narrow scope within which a VAT makes sense is being lost. This should be clarified–if ...
Business & Economics
A dishonest debate on VAT
The debate over a national sales tax, or value-added tax (VAT), to tackle the country’s deficit and debt problems is becoming fiercer as we approach the fall election. Unfortunately, the facts are becoming more obscure, and the narrow scope within which a VAT makes sense is being lost. This should ...
Commentary
Mass. health meltdown is your future
New York Post, May 25, 2010 The future of US medicine under ObamaCare is already on display in Massachusetts. The top four health insurers there just posted first-quarter losses of more than $150 million. Most of them blamed the state’s decision to keep premiums at last year’s levels for individual ...
Business & Economics
Arnold, for once, is right
From fiscal failure to green destructiveness to an utter lack of courage when it would have mattered most, Gov. Arnold Schwarzenegger’s tenure in office has not been an exercise in analytic rigor. But on one proposal – the sale and leaseback of 11 state office buildings – Arnold is correct, ...
Business & Economics
The Most Tax-Burdened States
The Golden State? More like Taxifornia. As the pain of April 15 fades, most Americans are bluntly aware that taxes matter. Too many politicians and bureaucrats, unfortunately, ignore this. They have forgotten that taxes change the incentives for people to work hard, save, invest and be entrepreneurial, the bedrock of ...
Commentary
Will Business-Toxic Environment Poison Silicon Valley Innovation?
The world is full of pseudo-Silicon Valleys — private and public attempts to re-create California’s high-tech mecca. But they have achieved only pale copies of an original that remains the undisputed cradle of innovation. Historic leaders like Hewlett-Packard and Intel have stayed there, and more recent giants like Google, Facebook ...
Business & Economics
New study cites California’s high taxes and spending
California has one of the nation’s highest levels of government spending and taxes, and it adversely affects the state’s economic competitiveness, according to a new report by the conservative, San Francisco-based Pacific Research Institute. Titled “Taxifornia,” the study by Robert P. Murphy and Jason Clemens found that state and local ...
Congress will show economic leadership by extending tax cuts
In 2001 and 2003, under the administration of George W. Bush, Congress passed significant tax reductions. These will expire on December 31, if Congress does nothing. Instead, Congress should seize the opportunity to show economic leadership, by extending the cuts and cutting federal spending. The current debate in Washington centers ...
Medicare needs systemic remedies
President Barack Obama signed a bill to “fix” payments to doctors by Medicare — until November. Although costing taxpayers $6.5 billion, this short-term patch will just have to be “fixed” again right after the next election. Throwing more money at a broken Medicare reimbursement schedule is what passes for bipartisan ...
When governments lobby governments
During the current economic downturn, governors across the nation such as Arnold Schwarzenegger of California have been lining up to lobby the federal government for bailout money. For the public, and taxpayers in particular, this activity raises serious but seldom examined questions. If private citizens undertook such activity, there are ...
Drowning In A VAT Of Taxes
The debate over a national sales tax, or valued-added tax, to tackle the country’s deficit and debt problems has intensified as we approach the fall election. Unfortunately the facts are becoming more obscure, and the narrow scope within which a VAT makes sense is being lost. This should be clarified–if ...
A dishonest debate on VAT
The debate over a national sales tax, or value-added tax (VAT), to tackle the country’s deficit and debt problems is becoming fiercer as we approach the fall election. Unfortunately, the facts are becoming more obscure, and the narrow scope within which a VAT makes sense is being lost. This should ...
Mass. health meltdown is your future
New York Post, May 25, 2010 The future of US medicine under ObamaCare is already on display in Massachusetts. The top four health insurers there just posted first-quarter losses of more than $150 million. Most of them blamed the state’s decision to keep premiums at last year’s levels for individual ...
Arnold, for once, is right
From fiscal failure to green destructiveness to an utter lack of courage when it would have mattered most, Gov. Arnold Schwarzenegger’s tenure in office has not been an exercise in analytic rigor. But on one proposal – the sale and leaseback of 11 state office buildings – Arnold is correct, ...
The Most Tax-Burdened States
The Golden State? More like Taxifornia. As the pain of April 15 fades, most Americans are bluntly aware that taxes matter. Too many politicians and bureaucrats, unfortunately, ignore this. They have forgotten that taxes change the incentives for people to work hard, save, invest and be entrepreneurial, the bedrock of ...
Will Business-Toxic Environment Poison Silicon Valley Innovation?
The world is full of pseudo-Silicon Valleys — private and public attempts to re-create California’s high-tech mecca. But they have achieved only pale copies of an original that remains the undisputed cradle of innovation. Historic leaders like Hewlett-Packard and Intel have stayed there, and more recent giants like Google, Facebook ...
New study cites California’s high taxes and spending
California has one of the nation’s highest levels of government spending and taxes, and it adversely affects the state’s economic competitiveness, according to a new report by the conservative, San Francisco-based Pacific Research Institute. Titled “Taxifornia,” the study by Robert P. Murphy and Jason Clemens found that state and local ...
