Business & Economics

Business & Economics

California’s Regulations are Harming Small Businesses

The regulatory burden in California continues to grow. Minimum wage increases—which simultaneously raise costs on businesses and harms many low-wage workers and consumers—have passed in Los Angeles and San Francisco. California is also pursuing regulations that would reduce the viability of Uber and Lyft, the popular ride-for-hire services revolutionizing how ...
Business & Economics

Indiana’s Business Climate Wins More Awards

Forbes Magazine ranked Indiana eighth in its annual Best States for Business list, and ranked the state’s regulatory environment as second best in the country. The Pacific Research Institute also placed Indiana No. 1 in the nation for its small-business regulatory climate. “Today, more Hoosiers are going to work than ...
Business & Economics

The Problem With Private Lawyers Courting Attorney Generals

Addressing the problem of abusive lawsuits remains a necessary, yet unrealized, state and federal reform. Perhaps nowhere are the costs from abusive lawsuits more evident than in the health care industry. The risk of frivolous medical malpractice litigation raises insurance costs and incentivizes doctors to practice defensive medicine. According to ...
Business & Economics

Hillary’s Wrong: California’s Paid Family Leave Mandate Hurting Small Business, State

Regulation: Hillary Clinton claimed that California’s paid family leave mandate hasn’t hurt business and job growth, and ought to be expanded nationwide. But a recent study shows that she’s living in a statist dream world. Clinton made the ill-informed remark at Tuesday’s Democratic presidential debate during an exchange with CNN’s ...
Business & Economics

Texas a great place for small business

We’re doing a lot of things right. A new study by the Pacific Research Institute ranks Texas No. 3 in the nation for small business. Low taxes and limited regulations make Texas a great place for small businesses to start and to grow. “Small businesses’ share of the private non-farm ...
Business & Economics

Oct. 4 Pro-Con: Are tax cuts best for America?

PRO: The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It should not be this way. Spurring economic growth requires broad-based reforms that must include effective ...
Business & Economics

Reigniting U.S. Competitiveness Through Corporate Tax Reform

Imagine two companies that sell the same product across the globe and directly compete against one another. Further imagine that both companies earn the same gross profit. However, the first company is located on the U.S. side of the U.S.-Canadian border; the second company is located on the Canadian side. ...
Business & Economics

Tax Reform Kabuki Theater Ready to Take Center Stage

Last month, the Legislature sent 600 bills to Governor Jerry Brown for his signature (or veto). Senator Bob Hertzberg’s SB 8 was not among them. Hertzberg created a buzz when he introduced his proposal in late 2014. Los Angeles Times columnist George Skelton wrote Hertzberg’s proposal “points the way to ...
Business & Economics

Tax cuts will revitalize growth: Opposing view

Governor Jeb Bush’s proposed pro-growth tax reform, mimicked by Donald Trump, is an important step forward. The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It ...
Business & Economics

Tax Reform Research Brief

A tax reform plan by PRI authors Art Laffer and Wayne Winegarden is the subject of a new research brief by Forward Observer, a prominent research and strategy firm with offices in California and Washington, DC. The research brief compares the tax reform proposal, including a flat tax, outlined in ...
Business & Economics

California’s Regulations are Harming Small Businesses

The regulatory burden in California continues to grow. Minimum wage increases—which simultaneously raise costs on businesses and harms many low-wage workers and consumers—have passed in Los Angeles and San Francisco. California is also pursuing regulations that would reduce the viability of Uber and Lyft, the popular ride-for-hire services revolutionizing how ...
Business & Economics

Indiana’s Business Climate Wins More Awards

Forbes Magazine ranked Indiana eighth in its annual Best States for Business list, and ranked the state’s regulatory environment as second best in the country. The Pacific Research Institute also placed Indiana No. 1 in the nation for its small-business regulatory climate. “Today, more Hoosiers are going to work than ...
Business & Economics

The Problem With Private Lawyers Courting Attorney Generals

Addressing the problem of abusive lawsuits remains a necessary, yet unrealized, state and federal reform. Perhaps nowhere are the costs from abusive lawsuits more evident than in the health care industry. The risk of frivolous medical malpractice litigation raises insurance costs and incentivizes doctors to practice defensive medicine. According to ...
Business & Economics

Hillary’s Wrong: California’s Paid Family Leave Mandate Hurting Small Business, State

Regulation: Hillary Clinton claimed that California’s paid family leave mandate hasn’t hurt business and job growth, and ought to be expanded nationwide. But a recent study shows that she’s living in a statist dream world. Clinton made the ill-informed remark at Tuesday’s Democratic presidential debate during an exchange with CNN’s ...
Business & Economics

Texas a great place for small business

We’re doing a lot of things right. A new study by the Pacific Research Institute ranks Texas No. 3 in the nation for small business. Low taxes and limited regulations make Texas a great place for small businesses to start and to grow. “Small businesses’ share of the private non-farm ...
Business & Economics

Oct. 4 Pro-Con: Are tax cuts best for America?

PRO: The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It should not be this way. Spurring economic growth requires broad-based reforms that must include effective ...
Business & Economics

Reigniting U.S. Competitiveness Through Corporate Tax Reform

Imagine two companies that sell the same product across the globe and directly compete against one another. Further imagine that both companies earn the same gross profit. However, the first company is located on the U.S. side of the U.S.-Canadian border; the second company is located on the Canadian side. ...
Business & Economics

Tax Reform Kabuki Theater Ready to Take Center Stage

Last month, the Legislature sent 600 bills to Governor Jerry Brown for his signature (or veto). Senator Bob Hertzberg’s SB 8 was not among them. Hertzberg created a buzz when he introduced his proposal in late 2014. Los Angeles Times columnist George Skelton wrote Hertzberg’s proposal “points the way to ...
Business & Economics

Tax cuts will revitalize growth: Opposing view

Governor Jeb Bush’s proposed pro-growth tax reform, mimicked by Donald Trump, is an important step forward. The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It ...
Business & Economics

Tax Reform Research Brief

A tax reform plan by PRI authors Art Laffer and Wayne Winegarden is the subject of a new research brief by Forward Observer, a prominent research and strategy firm with offices in California and Washington, DC. The research brief compares the tax reform proposal, including a flat tax, outlined in ...
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