Business & Economics
Business & Economics
PRI Introduces a 3% Flat Income Tax Rate Plan for Californians
PRI Introduces a 3% Flat Income Tax Rate Plan for Californians SACRAMENTO, MAY 6, 2008 – The Pacific Research Institute (PRI), a free-market think tank based in California, today released the results of a study to determine a revenue-neutral flat income tax rate for California. The report found that a ...
Agriculture
An effective stimulus package
The Department of Labor recently revealed that the economy lost 80,000 jobs in March. In response, politicians have cried out for more generous government bailouts and stimulus packages. But if our leaders were serious about stimulating the economy, they’d turn to something more unorthodox — meaningful tort reforms. Abuse of ...
Business & Economics
Free speech on the Internet, after taxes
California lawmakers have met to consider a new $500-million tax on Internet commerce. Some have dubbed this the “iTax” because of its application to Apple’s iTunes digital music store, but Assemblyman Charles Calderon, D-Whittier, is targeting more than just songs. In reality, AB 1956 is a “free speech tax” imposing ...
Business & Economics
Issue of taxation worthwhile topic for the candidates
Instead of all the mudslinging between Senators Hillary Clinton and Barack Obama, wouldn’t it be refreshing to have them engage in some serious political discussion? Many American citizens might appreciate some in-depth exploration of the nature of taxation. The federal income tax, in particular, would deserve thoughtful examination. Senator John ...
Business & Economics
Longevity as a Commodity
Last week, GlaxoSmithKline announced it will buy Sirtris Pharmaceuticals for US$720 million, giving weight to the claim that anti-aging biotech firms can be a good bet. This is good news for Americans, given that a recent Harvard-affiliated study showed that some parts of the country have seen declines in expected ...
Business & Economics
Calif. May Let Special Interests Mine Internet
On February 22, the last day to introduce new legislation in the 2007-2008 session, California’s lawmakers unleashed more than 650 bills. In this barrage, legislators seek to derail one of the state’s thriving industries: the technology sector. This bipartisan agenda targets e-commerce, arming bureaucrats with vast new authority to monitor, ...
Business & Economics
Wireless Silicon Valley Plan Revived
In an effort to revive a failed municipal wireless project originally envisioned to cover most of Silicon Valley, Covad Communications has launched a technology trial of a WiFi overlay network in San Carlos, California. The competitive local exchange carrier Covad became part of the Wireless Silicon Valley project in February, ...
Business & Economics
Report shows lawsuit reforms boost local economy
More than a billion dollars have been added to the local economy and more than 8,000 jobs have been created in Southeast Texas thanks to lawsuit reforms, a national economist reported Monday. “Lawsuit reform has led to improvements in the Texas business climate that have generated hundreds of thousands of ...
Commentary
Is ‘Cap-and-Trade’ Good for California?
The California Air Resources Board is mulling a mix of regulations, fees and market-like mechanisms to impose on California, to comply with the state’s Global Warming Solutions Act. That 2006 law requires California to cut greenhouse gas emissions back to 1990 levels within 12 years, but it gives the board ...
Business & Economics
The case for the flat tax
In the April 17 editorial “Taxes done and mailed; let’s consider reforms,” The Bee says: “An ideal tax system would be flat overall, with progressive income taxes offsetting regressive property, sales and excise taxes. That way, each income group would pay a similar share of income in taxes.” Why go ...
PRI Introduces a 3% Flat Income Tax Rate Plan for Californians
PRI Introduces a 3% Flat Income Tax Rate Plan for Californians SACRAMENTO, MAY 6, 2008 – The Pacific Research Institute (PRI), a free-market think tank based in California, today released the results of a study to determine a revenue-neutral flat income tax rate for California. The report found that a ...
An effective stimulus package
The Department of Labor recently revealed that the economy lost 80,000 jobs in March. In response, politicians have cried out for more generous government bailouts and stimulus packages. But if our leaders were serious about stimulating the economy, they’d turn to something more unorthodox — meaningful tort reforms. Abuse of ...
Free speech on the Internet, after taxes
California lawmakers have met to consider a new $500-million tax on Internet commerce. Some have dubbed this the “iTax” because of its application to Apple’s iTunes digital music store, but Assemblyman Charles Calderon, D-Whittier, is targeting more than just songs. In reality, AB 1956 is a “free speech tax” imposing ...
Issue of taxation worthwhile topic for the candidates
Instead of all the mudslinging between Senators Hillary Clinton and Barack Obama, wouldn’t it be refreshing to have them engage in some serious political discussion? Many American citizens might appreciate some in-depth exploration of the nature of taxation. The federal income tax, in particular, would deserve thoughtful examination. Senator John ...
Longevity as a Commodity
Last week, GlaxoSmithKline announced it will buy Sirtris Pharmaceuticals for US$720 million, giving weight to the claim that anti-aging biotech firms can be a good bet. This is good news for Americans, given that a recent Harvard-affiliated study showed that some parts of the country have seen declines in expected ...
Calif. May Let Special Interests Mine Internet
On February 22, the last day to introduce new legislation in the 2007-2008 session, California’s lawmakers unleashed more than 650 bills. In this barrage, legislators seek to derail one of the state’s thriving industries: the technology sector. This bipartisan agenda targets e-commerce, arming bureaucrats with vast new authority to monitor, ...
Wireless Silicon Valley Plan Revived
In an effort to revive a failed municipal wireless project originally envisioned to cover most of Silicon Valley, Covad Communications has launched a technology trial of a WiFi overlay network in San Carlos, California. The competitive local exchange carrier Covad became part of the Wireless Silicon Valley project in February, ...
Report shows lawsuit reforms boost local economy
More than a billion dollars have been added to the local economy and more than 8,000 jobs have been created in Southeast Texas thanks to lawsuit reforms, a national economist reported Monday. “Lawsuit reform has led to improvements in the Texas business climate that have generated hundreds of thousands of ...
Is ‘Cap-and-Trade’ Good for California?
The California Air Resources Board is mulling a mix of regulations, fees and market-like mechanisms to impose on California, to comply with the state’s Global Warming Solutions Act. That 2006 law requires California to cut greenhouse gas emissions back to 1990 levels within 12 years, but it gives the board ...
The case for the flat tax
In the April 17 editorial “Taxes done and mailed; let’s consider reforms,” The Bee says: “An ideal tax system would be flat overall, with progressive income taxes offsetting regressive property, sales and excise taxes. That way, each income group would pay a similar share of income in taxes.” Why go ...
