Business & Economics
Business & Economics
Brown’s Tax-the-Rich Mantra Won’t Work
The “w” word used by a Jerry Brown strategist to describe Meg Whitman’s alleged sellout on her pension reform proposals to public safety unions that are endorsing her dominated much of the coverage of the Oct. 12 debate. But far more important to California’s future was Brown’s own sellout to ...
Pacific Research Institute
October 19, 2010
Business & Economics
Places where judges don’t allow justice to prevail
Part two of a three-part series. In 2009, the top 10 jury awards in the United States alone totaled $1.5 billion. Eight were doled out in states with the worst tort climates as measured by the U.S. Tort Liability Index. When judges and juries in the worst jurisdictions, referred to ...
Lawrence J. McQuillan
October 19, 2010
Business & Economics
Broken California
California governor Arnold Schwarzenegger recently warned that if voters approve a November initiative legalizing marijuana, the state will become a national “laughingstock.” The only thing more prevalent than non-Californians poking fun at the state’s enduring political and budget mess these days is Californians who offer counsel on how to save ...
Steven Greenhut
October 18, 2010
Business & Economics
Lawyers gone wild are killing our economy
Part one of a three-part series. Jackpot Justice – Lawyers Gone Wild from Nicholas Tucker on Vimeo. It’s a dangerous world. At least, that’s what the warning labels on common consumer products would lead us to believe. The kitchen knife package cautions against juggling knives. The superhero costume warns that ...
Lawrence J. McQuillan
October 18, 2010
Business & Economics
State overspends, and gets less for more
Last week the Democratic leader of the state Senate said the state should provide child care for people no longer on welfare, among $470 million worth of other social services. Consequently, Sen. Darrell Steinberg said, in January he will attempt to reverse Gov. Arnold Schwarzenegger’s line-item budget vetoes eliminating those ...
Pacific Research Institute
October 15, 2010
Business & Economics
Is California now an idiocracy?
SACRAMENTO – While trying to get the assembled, clueless staff at a phone store to tell me how to turn off an annoying e-mail alarm on my new smart phone, I was finally greeted by a manager, who declared that the phone is supposed to work that way. “So when ...
Steven Greenhut
October 15, 2010
Business & Economics
No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government
California Government Spending The estimate for California’s total state spending in 2009–10 is $125.1 billion, of which General Fund spending constitutes 69.1 percent. Total state spending (nominal) has increased from $75.3 billion in 1998–99 to $125.1 billion in 2009–10 (an increase of 66.2 percent). The increases over this period outpaced ...
Jason Clemens
October 13, 2010
Business & Economics
The Best States For Business And Careers
Utah lowered its corporate tax rate from 7% to 5% in 2008, to the delight of businesses. The rate is now one of the lowest in the country. The regulatory climate is also pro-business, with the Pacific Research Institute rating Utah second-best in the regulatory component of its U.S. Economic ...
Pacific Research Institute
October 13, 2010
Business & Economics
PRI Study: Californians Deserve Better Value for Tax Dollars
San Francisco— California government can do more with fewer taxpayer dollars, according to a new study released today by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government finds that California is ...
Jason Clemens
October 13, 2010
Business & Economics
Conservative think tank says California spending too much
When Gov. Arnold Schwarzenegger pared nearly a billion dollars from the state budget, Democratic politicians and liberal groups cried foul and said they’d attempt to undo the cuts in health and social services when the Legislature returns to Sacramento in December. Whether the cuts will be restored, however, depends largely ...
Pacific Research Institute
October 13, 2010
Brown’s Tax-the-Rich Mantra Won’t Work
The “w” word used by a Jerry Brown strategist to describe Meg Whitman’s alleged sellout on her pension reform proposals to public safety unions that are endorsing her dominated much of the coverage of the Oct. 12 debate. But far more important to California’s future was Brown’s own sellout to ...
Places where judges don’t allow justice to prevail
Part two of a three-part series. In 2009, the top 10 jury awards in the United States alone totaled $1.5 billion. Eight were doled out in states with the worst tort climates as measured by the U.S. Tort Liability Index. When judges and juries in the worst jurisdictions, referred to ...
Broken California
California governor Arnold Schwarzenegger recently warned that if voters approve a November initiative legalizing marijuana, the state will become a national “laughingstock.” The only thing more prevalent than non-Californians poking fun at the state’s enduring political and budget mess these days is Californians who offer counsel on how to save ...
Lawyers gone wild are killing our economy
Part one of a three-part series. Jackpot Justice – Lawyers Gone Wild from Nicholas Tucker on Vimeo. It’s a dangerous world. At least, that’s what the warning labels on common consumer products would lead us to believe. The kitchen knife package cautions against juggling knives. The superhero costume warns that ...
State overspends, and gets less for more
Last week the Democratic leader of the state Senate said the state should provide child care for people no longer on welfare, among $470 million worth of other social services. Consequently, Sen. Darrell Steinberg said, in January he will attempt to reverse Gov. Arnold Schwarzenegger’s line-item budget vetoes eliminating those ...
Is California now an idiocracy?
SACRAMENTO – While trying to get the assembled, clueless staff at a phone store to tell me how to turn off an annoying e-mail alarm on my new smart phone, I was finally greeted by a manager, who declared that the phone is supposed to work that way. “So when ...
No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government
California Government Spending The estimate for California’s total state spending in 2009–10 is $125.1 billion, of which General Fund spending constitutes 69.1 percent. Total state spending (nominal) has increased from $75.3 billion in 1998–99 to $125.1 billion in 2009–10 (an increase of 66.2 percent). The increases over this period outpaced ...
The Best States For Business And Careers
Utah lowered its corporate tax rate from 7% to 5% in 2008, to the delight of businesses. The rate is now one of the lowest in the country. The regulatory climate is also pro-business, with the Pacific Research Institute rating Utah second-best in the regulatory component of its U.S. Economic ...
PRI Study: Californians Deserve Better Value for Tax Dollars
San Francisco— California government can do more with fewer taxpayer dollars, according to a new study released today by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government finds that California is ...
Conservative think tank says California spending too much
When Gov. Arnold Schwarzenegger pared nearly a billion dollars from the state budget, Democratic politicians and liberal groups cried foul and said they’d attempt to undo the cuts in health and social services when the Legislature returns to Sacramento in December. Whether the cuts will be restored, however, depends largely ...