Business & Economics

Business & Economics

Workers’ Freedom At Risk In California

Sen. Elizabeth Warren, with one eye on California presidential primary votes and the other on the state’s rich political donors, recently wrote an op-ed in the Sacramento Bee in which she demanded someone do something about that “shameful” gig economy. Warren, a Rutgers-trained lawyer, has expended a lot of energy ...
Business & Economics

Why Is Sen. Schumer Suddenly Decrying High Tax Rates?

Senate Minority Leader Charles Schumer, D-New York, recently stood in front of a home in a beautiful neighborhood in White Plains, NY, to decry — of all things — the area’s high local tax burden. “We all know that one of the biggest burdens to live in this beautiful place ...
Business & Economics

ISSUE BRIEF: Damon Dunn Shares Stories from His Rise from Poverty, Makes the Case for Why Socialism Doesn’t Work

Recalling his experiences overcoming extreme poverty, former collegiate and pro football player and successful businessman Damon Dunn makes the case for why socialism doesn’t work in a new brief published by the nonpartisan, California-based think tank, the Pacific Research Institute. Download a copy of “My Rise from Poverty and Why ...
Business & Economics

This Labor Day, celebrate America’s job creators as well as our workforce

Ask Americans what Labor Day means, and they’ll likely say it marks the end of summer. One last chance to wear white and go for a swim before the pool is drained. But as its name suggests, Labor Day was established to celebrate labor –- organized labor, to be more specific. The idea for ...
Blog

Don’t Take All That Talk About Economic Growth or a Recession to the Bank (Yet)

It seems you can’t scroll through your social media feed or morning newsletter without reading commentary about inverted yield curve and recession. A 2020 economic recession is the talk of political pundits, financial talking heads, and presidential hopefuls, but the verdict is out on whether the longest sustained economic growth ...
Blog

New Research Shows Link Between Job Losses and a Community’s Social Ills

Despite evidence of a recent slowdown, the American economy is strong according to nearly all traditional economic indicators and has been for multiple years. Nearly a decade of economic expansion has led to record highs being recorded in the stock market, housing prices, and wages. The recent strengthening of economic ...
Business & Economics

Corporate profits are socially responsible

The Business Roundtable recently released a statement announcing it had redefined “the purpose of a corporation.” Signed by almost 200 of the most powerful CEOs in America, the statement “affirms the essential role corporations can play in improving our society,” according to one of its signatories. Specifically, it suggests that companies should ...
Business & Economics

Sacramento, not D.C., is responsible for California’s unaffordable tax burden

Last fall, Democratic congressional candidates successfully painted the 2017 federal Tax Cuts and Jobs Act as a tax increase on hard working Californians to pick-up even more congressional seats. Congress, they charged, raised the tax burden of many Californians by, among other things, capping the State and Local Tax, or ...
Business & Economics

Making It Rain In California

The “Tax Cuts and Jobs Act” (TCJA) was signed into law on Dec. 22, 2017. The Act reformed the U.S. corporate income tax code cutting the rate to a globally competitive 21%. Reforms on the personal income tax side, which are scheduled to expire in 2025, reduced the marginal income ...
Business & Economics

NEW STUDY: State and Local Tax Deduction “Makes it Rain” in California, Paid for by Taxpayers in Low Tax States

A new study released today by the nonpartisan Pacific Research Institute, a California-based free market think tank, found that capping the State and Local Tax deduction brought broad-based tax relief to millions of Americans, while putting an end to taxpayers in low-tax states like Indiana subsidizing higher taxes and spending ...
Business & Economics

Workers’ Freedom At Risk In California

Sen. Elizabeth Warren, with one eye on California presidential primary votes and the other on the state’s rich political donors, recently wrote an op-ed in the Sacramento Bee in which she demanded someone do something about that “shameful” gig economy. Warren, a Rutgers-trained lawyer, has expended a lot of energy ...
Business & Economics

Why Is Sen. Schumer Suddenly Decrying High Tax Rates?

Senate Minority Leader Charles Schumer, D-New York, recently stood in front of a home in a beautiful neighborhood in White Plains, NY, to decry — of all things — the area’s high local tax burden. “We all know that one of the biggest burdens to live in this beautiful place ...
Business & Economics

ISSUE BRIEF: Damon Dunn Shares Stories from His Rise from Poverty, Makes the Case for Why Socialism Doesn’t Work

Recalling his experiences overcoming extreme poverty, former collegiate and pro football player and successful businessman Damon Dunn makes the case for why socialism doesn’t work in a new brief published by the nonpartisan, California-based think tank, the Pacific Research Institute. Download a copy of “My Rise from Poverty and Why ...
Business & Economics

This Labor Day, celebrate America’s job creators as well as our workforce

Ask Americans what Labor Day means, and they’ll likely say it marks the end of summer. One last chance to wear white and go for a swim before the pool is drained. But as its name suggests, Labor Day was established to celebrate labor –- organized labor, to be more specific. The idea for ...
Blog

Don’t Take All That Talk About Economic Growth or a Recession to the Bank (Yet)

It seems you can’t scroll through your social media feed or morning newsletter without reading commentary about inverted yield curve and recession. A 2020 economic recession is the talk of political pundits, financial talking heads, and presidential hopefuls, but the verdict is out on whether the longest sustained economic growth ...
Blog

New Research Shows Link Between Job Losses and a Community’s Social Ills

Despite evidence of a recent slowdown, the American economy is strong according to nearly all traditional economic indicators and has been for multiple years. Nearly a decade of economic expansion has led to record highs being recorded in the stock market, housing prices, and wages. The recent strengthening of economic ...
Business & Economics

Corporate profits are socially responsible

The Business Roundtable recently released a statement announcing it had redefined “the purpose of a corporation.” Signed by almost 200 of the most powerful CEOs in America, the statement “affirms the essential role corporations can play in improving our society,” according to one of its signatories. Specifically, it suggests that companies should ...
Business & Economics

Sacramento, not D.C., is responsible for California’s unaffordable tax burden

Last fall, Democratic congressional candidates successfully painted the 2017 federal Tax Cuts and Jobs Act as a tax increase on hard working Californians to pick-up even more congressional seats. Congress, they charged, raised the tax burden of many Californians by, among other things, capping the State and Local Tax, or ...
Business & Economics

Making It Rain In California

The “Tax Cuts and Jobs Act” (TCJA) was signed into law on Dec. 22, 2017. The Act reformed the U.S. corporate income tax code cutting the rate to a globally competitive 21%. Reforms on the personal income tax side, which are scheduled to expire in 2025, reduced the marginal income ...
Business & Economics

NEW STUDY: State and Local Tax Deduction “Makes it Rain” in California, Paid for by Taxpayers in Low Tax States

A new study released today by the nonpartisan Pacific Research Institute, a California-based free market think tank, found that capping the State and Local Tax deduction brought broad-based tax relief to millions of Americans, while putting an end to taxpayers in low-tax states like Indiana subsidizing higher taxes and spending ...
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