Business & Economics
Business & Economics
State IT Plan Should Help Silicon Valley and Respect Taxpayers
Historically, California officials have struggled to manage effectively the state’s massive, decentralized $3 billion IT (information technology) network. In recent years, Governor Arnold Schwarzenegger has used the state’s IT Strategic Plan as a guiding document to streamline operations, improve efficiencies and accountability across dozens of state agencies. The motive is ...
Vince Vasquez
May 19, 2010
Business & Economics
Washington needs spending reform, not just tax reform
Washingtonians are struggling with unemployment and a sluggish economic recovery. In these conditions, it’s worth understanding how tax policies in Olympia are hurting a state the recession has hit particularly hard. Washington’s unemployment rate, which stood at 9.5 percent in March, has increased or remained the same every month since ...
Jason Clemens
May 14, 2010
Business & Economics
Taxifornia reaps what it sows
Orange County Register, May 12, 2010 If you prefer as little tax burden as possible, you will cringe to learn that California ranks in a tie for last place with South Carolina and New York. But if you delight in the idea of government taxing people for every dime it ...
Jason Clemens
May 12, 2010
Business & Economics
Transparency, consistency in lobbying needed
As Illinois struggles with deficits and a failing economy, it is critical to understand the behind-the-scenes lobbying that fuels the state’s political decision-making. That calls for more transparency in Springfield, but on this issue, Illinois’ record is decidedly mixed. According to State-Level Lobbying and Taxpayers, a recent study that examines ...
Jason Clemens
May 12, 2010
Business & Economics
Sunset In Taxifornia?
Deficits: We’ve been hard on Arnold Schwarzenegger in recent months, but we’re foursquare behind the California governor in his effort to balance the state’s budget without raising taxes. The Golden State’s $18.6 billion budget deficit, the nation’s largest, is the result of uncontrolled spending by the state’s Democrat-controlled legislature — ...
Jason Clemens
May 12, 2010
Business & Economics
Largest, smallest tax burdens
California is tied for last place on yet another study of how and what states tax. The report, “Taxifornia,” is part of the California Prosperity Project by the Pacific Research Institute, a free-market advocacy group. Here are the five least burdensome states, based on a 10-point scale (10 is best): ...
Pacific Research Institute
May 12, 2010
Business & Economics
Can Government Balance Nature by Killing Sea Lions?
SACRAMENTO – California sea lions sometimes swim some 90 miles up the Sacramento River, passing the state capitol on their journey. A local fisherman, Mr. Larry Legans, has been accused of shooting a sea lion for consuming the fish he caught. Mr. Legans, who faces three years in prison and ...
K. Lloyd Billingsley
May 12, 2010
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, ...
Benjamin Zycher
May 12, 2010
Business & Economics
Artificially low interest rates bad for economy
Ultra-low interest rates fueled the housing bubble, thanks to former Fed chairman Alan Greenspan’s direction. And Americans should brace for another crash because that practice has continued. The Federal Reserve’s Open Market Committee recently announced it would maintain a target of zero to 0.25 percent for the federal funds rate ...
Robert P. Murphy
May 11, 2010
Business & Economics
Bankers vs. Everyone
Libertarian Ron Paul’s “Audit the Fed” movement has gained the support of socialist Sen. Bernie Sanders (I-Vt.) and conservative Sen. Jim DeMint (R-S.C.). At the same time, anarchists in Greece riot against fiscal austerity measures, while organs of the strongest government on the planet—namely, the U.S. Justice Department and SEC—accuse ...
Robert P. Murphy
May 11, 2010
State IT Plan Should Help Silicon Valley and Respect Taxpayers
Historically, California officials have struggled to manage effectively the state’s massive, decentralized $3 billion IT (information technology) network. In recent years, Governor Arnold Schwarzenegger has used the state’s IT Strategic Plan as a guiding document to streamline operations, improve efficiencies and accountability across dozens of state agencies. The motive is ...
Washington needs spending reform, not just tax reform
Washingtonians are struggling with unemployment and a sluggish economic recovery. In these conditions, it’s worth understanding how tax policies in Olympia are hurting a state the recession has hit particularly hard. Washington’s unemployment rate, which stood at 9.5 percent in March, has increased or remained the same every month since ...
Taxifornia reaps what it sows
Orange County Register, May 12, 2010 If you prefer as little tax burden as possible, you will cringe to learn that California ranks in a tie for last place with South Carolina and New York. But if you delight in the idea of government taxing people for every dime it ...
Transparency, consistency in lobbying needed
As Illinois struggles with deficits and a failing economy, it is critical to understand the behind-the-scenes lobbying that fuels the state’s political decision-making. That calls for more transparency in Springfield, but on this issue, Illinois’ record is decidedly mixed. According to State-Level Lobbying and Taxpayers, a recent study that examines ...
Sunset In Taxifornia?
Deficits: We’ve been hard on Arnold Schwarzenegger in recent months, but we’re foursquare behind the California governor in his effort to balance the state’s budget without raising taxes. The Golden State’s $18.6 billion budget deficit, the nation’s largest, is the result of uncontrolled spending by the state’s Democrat-controlled legislature — ...
Largest, smallest tax burdens
California is tied for last place on yet another study of how and what states tax. The report, “Taxifornia,” is part of the California Prosperity Project by the Pacific Research Institute, a free-market advocacy group. Here are the five least burdensome states, based on a 10-point scale (10 is best): ...
Can Government Balance Nature by Killing Sea Lions?
SACRAMENTO – California sea lions sometimes swim some 90 miles up the Sacramento River, passing the state capitol on their journey. A local fisherman, Mr. Larry Legans, has been accused of shooting a sea lion for consuming the fish he caught. Mr. Legans, who faces three years in prison and ...
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, ...
Artificially low interest rates bad for economy
Ultra-low interest rates fueled the housing bubble, thanks to former Fed chairman Alan Greenspan’s direction. And Americans should brace for another crash because that practice has continued. The Federal Reserve’s Open Market Committee recently announced it would maintain a target of zero to 0.25 percent for the federal funds rate ...
Bankers vs. Everyone
Libertarian Ron Paul’s “Audit the Fed” movement has gained the support of socialist Sen. Bernie Sanders (I-Vt.) and conservative Sen. Jim DeMint (R-S.C.). At the same time, anarchists in Greece riot against fiscal austerity measures, while organs of the strongest government on the planet—namely, the U.S. Justice Department and SEC—accuse ...