Business & Economics
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 ...
Evan Harris
September 3, 2019
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 ...
Damon Dunn
August 27, 2019
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 ...
Sally C. Pipes
August 26, 2019
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 ...
Wayne Winegarden
August 21, 2019
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 ...
Wayne Winegarden
August 19, 2019
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 ...
Wayne Winegarden
August 15, 2019
Business & Economics
Sally C. Pipes in the Las Vegas Review-Journal on gender pay gap at the White House
Sally C. Pipes offered her critique about a reported gender pay gap in the White House. “Sally Pipes of the conservative Pacific Research Institute in San Francisco argued, “You can’t just generally add up all the women and all the men. What are the titles and what does each job ...
Pacific Research Institute
August 12, 2019
Blog
CalPERS & CalSTRS Report Lower Than Expected Returns – Is ESG One Reason Why?
CalPERS and CalSTRS – the two largest public employee pension funds in both California and the nation –just announced their annual investment returns for the 2018-19 fiscal year. Once again, it’s not good news for California taxpayers. Both funds reported that their respective net return of investments came in under ...
Tim Anaya
August 12, 2019
Blog
What Will Brexit Mean for the US?
Every other year, I always take a big trip somewhere around the world. This fall, I’m excited to be traveling to England, Ireland, and Scotland for the first time. As I prepare for my trip, the UK is in the midst of great political turmoil – perhaps more than the ...
Tim Anaya
August 1, 2019
California
Californians’ Transportation Choices Should Be Left to Them—Not Bureaucrats
Last month, the Los Angeles Times reported that the Metro system “is hemorrhaging bus riders.” The news was presented as, if not a crisis, at least an urgent matter that needs to be promptly addressed. Yet that’s hardly the case. It’s troubling, we’re supposed to infer, that “passengers have fled” ...
Kerry Jackson
July 29, 2019
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Sally C. Pipes in the Las Vegas Review-Journal on gender pay gap at the White House
Sally C. Pipes offered her critique about a reported gender pay gap in the White House. “Sally Pipes of the conservative Pacific Research Institute in San Francisco argued, “You can’t just generally add up all the women and all the men. What are the titles and what does each job ...
CalPERS & CalSTRS Report Lower Than Expected Returns – Is ESG One Reason Why?
CalPERS and CalSTRS – the two largest public employee pension funds in both California and the nation –just announced their annual investment returns for the 2018-19 fiscal year. Once again, it’s not good news for California taxpayers. Both funds reported that their respective net return of investments came in under ...
What Will Brexit Mean for the US?
Every other year, I always take a big trip somewhere around the world. This fall, I’m excited to be traveling to England, Ireland, and Scotland for the first time. As I prepare for my trip, the UK is in the midst of great political turmoil – perhaps more than the ...
Californians’ Transportation Choices Should Be Left to Them—Not Bureaucrats
Last month, the Los Angeles Times reported that the Metro system “is hemorrhaging bus riders.” The news was presented as, if not a crisis, at least an urgent matter that needs to be promptly addressed. Yet that’s hardly the case. It’s troubling, we’re supposed to infer, that “passengers have fled” ...