Business & Economics
Business & Economics
Tackling the Public Pensions Problem
State and local public pension systems are in deep financial trouble. The latest comprehensive assessment by Joshua Rauh of the Hoover Institution, which captured 97 percent of public pension assets, found that the unfunded liabilities of public pensions are in the trillions of dollars. The public pensions problem is a ...
Business & Economics
Corporate Inversions Are the Symptoms; Poor Tax Policies Are the Disease
In response to several high profile corporate restructurings known as corporate inversions, politicians have been looking for ways to punish any company considering such a restructuring. Hillary Clinton’s ill-conceived exit tax exemplifies the types of harmful policies that are being proposed . A corporate inversion is a type of acquisition ...
Business & Economics
Yet Another Promise: The ACA and Entrepreneurship
Many were the benefits promised by supporters of the Affordable Care Act. If you like your doctor and health plan, you will be able to keep them. Health insurance premiums will fall by an average of $2500 per year for a typical family, even as coverage will be extended to ...
Business & Economics
Remember When Kasich Proposed An Oil Tax Just Like Obama’s?
President Barack Obama proposed a tax Thursday of $10 for every barrel of oil produced in the U.S. to fund new spending on “green” infrastructure programs. Republican Governor of Ohio and current presidential candidate John Kasich, however, beat him to the punch by a year. In February 2015, Kasich attempted ...
Business & Economics
Pension reforms in peril if leaders don’t defend them
Unfunded public pensions threaten the fiscal solvency of states and localities across the country. And California is not immune. Back in 2012, San Diego voters recognized the threat and overwhelmingly supported Proposition B, a set of pension reforms that is helping San Diego stabilize its long-term budget outlook. Thanks to ...
Commentary
The Ugly Reality of Single-Payer
Late Sunday night, just hours before the fourth Democratic presidential debate, Vermont Sen. Bernie Sanders unveiled what’s probably the purest expression to date of his unreconstructed 1970s radicalism: a plan for “universal” single-payer health care in the United States. Proudly titled “Medicare-for-All,” the Sanders scheme would eliminate the private insurance ...
Business & Economics
Tax Increases Diminish Economic Opportunities
As Ronald Reagan might say upon hearing Hillary Clinton’s latest tax proposal, “there she goes again.” Secretary Clinton wants to impose a 4 percent “fair share surcharge” on people earning more than $5 million annually in order to get the “wealthy and the corporations to pay their fair share.” While ...
Business & Economics
California Pension Crisis
The Pacific Research Institute released a new study on California’s pension crisis. “California’s Pension Crowd-Out,” authored by PRI senior fellow Wayne Winegarden, Ph.D., is part of PRI’s California Prosperity Agenda, a 12-point plan to address California’s most pressing problems. “Pension Crowd-Out” reveals the flaws with the state’s current public pension ...
Business & Economics
More Work To Do
Over the past five years, North Carolina has become a more attractive place to work, live, invest, and do business. The state tax burden is lower — by hundreds of millions of dollars a year — and restructured in a way that reduces the double-taxation of investment in new jobs, ...
Business & Economics
Indiana’s Friendly To Small Business But Not With Incentives
It’s a mixed bag for small businesses in Indiana. On one hand, there’s very little red tape, which experts say enables small businesses to get off the ground, expand and thrive. The rub, however, is that those businesses don’t receive the lion’s share of state-backed grants and tax credits, according ...
Tackling the Public Pensions Problem
State and local public pension systems are in deep financial trouble. The latest comprehensive assessment by Joshua Rauh of the Hoover Institution, which captured 97 percent of public pension assets, found that the unfunded liabilities of public pensions are in the trillions of dollars. The public pensions problem is a ...
Corporate Inversions Are the Symptoms; Poor Tax Policies Are the Disease
In response to several high profile corporate restructurings known as corporate inversions, politicians have been looking for ways to punish any company considering such a restructuring. Hillary Clinton’s ill-conceived exit tax exemplifies the types of harmful policies that are being proposed . A corporate inversion is a type of acquisition ...
Yet Another Promise: The ACA and Entrepreneurship
Many were the benefits promised by supporters of the Affordable Care Act. If you like your doctor and health plan, you will be able to keep them. Health insurance premiums will fall by an average of $2500 per year for a typical family, even as coverage will be extended to ...
Remember When Kasich Proposed An Oil Tax Just Like Obama’s?
President Barack Obama proposed a tax Thursday of $10 for every barrel of oil produced in the U.S. to fund new spending on “green” infrastructure programs. Republican Governor of Ohio and current presidential candidate John Kasich, however, beat him to the punch by a year. In February 2015, Kasich attempted ...
Pension reforms in peril if leaders don’t defend them
Unfunded public pensions threaten the fiscal solvency of states and localities across the country. And California is not immune. Back in 2012, San Diego voters recognized the threat and overwhelmingly supported Proposition B, a set of pension reforms that is helping San Diego stabilize its long-term budget outlook. Thanks to ...
The Ugly Reality of Single-Payer
Late Sunday night, just hours before the fourth Democratic presidential debate, Vermont Sen. Bernie Sanders unveiled what’s probably the purest expression to date of his unreconstructed 1970s radicalism: a plan for “universal” single-payer health care in the United States. Proudly titled “Medicare-for-All,” the Sanders scheme would eliminate the private insurance ...
Tax Increases Diminish Economic Opportunities
As Ronald Reagan might say upon hearing Hillary Clinton’s latest tax proposal, “there she goes again.” Secretary Clinton wants to impose a 4 percent “fair share surcharge” on people earning more than $5 million annually in order to get the “wealthy and the corporations to pay their fair share.” While ...
California Pension Crisis
The Pacific Research Institute released a new study on California’s pension crisis. “California’s Pension Crowd-Out,” authored by PRI senior fellow Wayne Winegarden, Ph.D., is part of PRI’s California Prosperity Agenda, a 12-point plan to address California’s most pressing problems. “Pension Crowd-Out” reveals the flaws with the state’s current public pension ...
More Work To Do
Over the past five years, North Carolina has become a more attractive place to work, live, invest, and do business. The state tax burden is lower — by hundreds of millions of dollars a year — and restructured in a way that reduces the double-taxation of investment in new jobs, ...
Indiana’s Friendly To Small Business But Not With Incentives
It’s a mixed bag for small businesses in Indiana. On one hand, there’s very little red tape, which experts say enables small businesses to get off the ground, expand and thrive. The rub, however, is that those businesses don’t receive the lion’s share of state-backed grants and tax credits, according ...
