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Studies Show Wealth Tax Would Hurt California’s Economy

There are no state taxes on wealth in the U.S., but California is a good bet to be the first. The idea carries some political popularity, and its promises sound sweet, but what would be the reality if the legislation, Assembly Bill 2088, becomes law? A couple of Rice University ...
Business & Economics

States Should Think Long-Term When Addressing Their Short-Term Fiscal Crises

Just prior to the pandemic, many states were finally recovering from the fiscal crises created by the 2007-09 recession. But, as with so many things, the pandemic has derailed these gains. If history is a guide, no matter how long the current recession lasts, the fiscal crises facing the states ...
Blog

Jobless Californians May Have to Settle for $300

President Trump’s signature was barely dry when cash-strapped governors nationwide cried foul over his executive order to provide $400 of additional unemployment benefits a week for the country’s jobless, after negotiations on a new coronavirus stimulus package failed between the White House and Speaker Pelosi and Senate Minority Leader Schumer. ...
Business & Economics

Wayne Winegarden Quoted in Newsweek on Congressional Stimulus Debate

Here’s Why Democrats Have An Edge Over Republicans in Stimulus Negotiations By: Jenni Fink, Newsweek The White House and Democratic Party leadership both cast blame for the stalemate over a stimulus package on the opposing side, but, in the battle for another round of relief, experts see Republicans as having ...
Business & Economics

Craft Beer, Distilleries, and COVID-19

This week’s podcast is a special presentation of PRI’s recent Young Leaders’ Circle webinar, which brought together distillery owners, craft brewers, and licensing experts to examine the impact that COVID-19 has had on the production of our favorite cocktails and beers.  The craft beer and distillery industry has seen incredible ...
Blog

Next Tax Increases on the Docket: Two Proposed Tax Hikes on the Rich

When the 2020-21 state budget was enacted a few months back, I made the case that the majority party’s spending plan essentially sets the stage for an upcoming battle over tax increases. Back in 2011, former Gov. Jerry Brown pushed a budget plan that was heavily reliant on “trigger cuts,” ...
Business & Economics

Damon Dunn Talks Universal Basic Income on the Bottom Line Podcast

Listen to PRI Business and Economics Fellow Damon Dunn on the Bottom Line with host Roger Marsh discuss details from his new book Punting Poverty, the danger of universal basic income, and his upbringing from rural Fort Worth, Texas, to Stanford, the NFL, and entrepreneurship. The Bottom Line · Damon Dunn: ...
Business & Economics

CNBC Article on Stimulus Payments Quotes Wayne Winegarden

Title: Are second $1,200 stimulus checks coming? Here’s what we know By: Lorie Konish, CNBC Capitol Hill has come to a standstill following heated discussions last week on what to include in the next coronavirus stimulus package. One thing they did seem to agree on was another set of $1,200 ...
Business & Economics

The Hon. Dan Kolkey – How 2020’s Key Public Policy Issues Are Being Affected by the Courts

The Hon. Dan Kolkey – former legal advisor to Gov. Wilson, former appeals court justice, and PRI board member – joins us to discuss how this year’s key public policy issues, such as the state’s response to COVID-19, the housing crisis, and efforts to prevent mass power outages during this ...
Business & Economics

CalPERS’ Effort to Become a Lender Takes Curious Turn with Sudden CIO Resignation

Now that the California Public Employees’ Retirement System has decided to become a lender, it follows that the taxpayers who finance the pension fund have the right to know what types of loans will be made and to whom. The process, though, will unlikely be sufficiently transparent. There is legitimate concern ...
Blog

Studies Show Wealth Tax Would Hurt California’s Economy

There are no state taxes on wealth in the U.S., but California is a good bet to be the first. The idea carries some political popularity, and its promises sound sweet, but what would be the reality if the legislation, Assembly Bill 2088, becomes law? A couple of Rice University ...
Business & Economics

States Should Think Long-Term When Addressing Their Short-Term Fiscal Crises

Just prior to the pandemic, many states were finally recovering from the fiscal crises created by the 2007-09 recession. But, as with so many things, the pandemic has derailed these gains. If history is a guide, no matter how long the current recession lasts, the fiscal crises facing the states ...
Blog

Jobless Californians May Have to Settle for $300

President Trump’s signature was barely dry when cash-strapped governors nationwide cried foul over his executive order to provide $400 of additional unemployment benefits a week for the country’s jobless, after negotiations on a new coronavirus stimulus package failed between the White House and Speaker Pelosi and Senate Minority Leader Schumer. ...
Business & Economics

Wayne Winegarden Quoted in Newsweek on Congressional Stimulus Debate

Here’s Why Democrats Have An Edge Over Republicans in Stimulus Negotiations By: Jenni Fink, Newsweek The White House and Democratic Party leadership both cast blame for the stalemate over a stimulus package on the opposing side, but, in the battle for another round of relief, experts see Republicans as having ...
Business & Economics

Craft Beer, Distilleries, and COVID-19

This week’s podcast is a special presentation of PRI’s recent Young Leaders’ Circle webinar, which brought together distillery owners, craft brewers, and licensing experts to examine the impact that COVID-19 has had on the production of our favorite cocktails and beers.  The craft beer and distillery industry has seen incredible ...
Blog

Next Tax Increases on the Docket: Two Proposed Tax Hikes on the Rich

When the 2020-21 state budget was enacted a few months back, I made the case that the majority party’s spending plan essentially sets the stage for an upcoming battle over tax increases. Back in 2011, former Gov. Jerry Brown pushed a budget plan that was heavily reliant on “trigger cuts,” ...
Business & Economics

Damon Dunn Talks Universal Basic Income on the Bottom Line Podcast

Listen to PRI Business and Economics Fellow Damon Dunn on the Bottom Line with host Roger Marsh discuss details from his new book Punting Poverty, the danger of universal basic income, and his upbringing from rural Fort Worth, Texas, to Stanford, the NFL, and entrepreneurship. The Bottom Line · Damon Dunn: ...
Business & Economics

CNBC Article on Stimulus Payments Quotes Wayne Winegarden

Title: Are second $1,200 stimulus checks coming? Here’s what we know By: Lorie Konish, CNBC Capitol Hill has come to a standstill following heated discussions last week on what to include in the next coronavirus stimulus package. One thing they did seem to agree on was another set of $1,200 ...
Business & Economics

The Hon. Dan Kolkey – How 2020’s Key Public Policy Issues Are Being Affected by the Courts

The Hon. Dan Kolkey – former legal advisor to Gov. Wilson, former appeals court justice, and PRI board member – joins us to discuss how this year’s key public policy issues, such as the state’s response to COVID-19, the housing crisis, and efforts to prevent mass power outages during this ...
Business & Economics

CalPERS’ Effort to Become a Lender Takes Curious Turn with Sudden CIO Resignation

Now that the California Public Employees’ Retirement System has decided to become a lender, it follows that the taxpayers who finance the pension fund have the right to know what types of loans will be made and to whom. The process, though, will unlikely be sufficiently transparent. There is legitimate concern ...
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