Taxes
Blog
Book Review: The Age of Debt Bubbles edited by Max Rangely
Today, the U.S.’s debt-to-GDP ratio (the ratio between a country’s government debt and its gross domestic product) stands at 121 percent according to the Federal Reserve Bank of St. Louis. However, we’re not the only country at risk. Italy is at 139 percent, Greece at 153 percent, Singapore at 176 ...
Blog
State Budget Week - Learn how the Newsom Budget Will Impact California's Tax Burden
The Newsom Budget on Taxes: Yes, Governor, California Is a High Tax State
California imposes the highest top marginal state income tax rate and one of the highest state and local sales tax rates in the country. It is simply illogical to claim that a state with the highest income tax rate and a very high state and local sales tax rates is ...
Business & Economics
Learn more about Trump's tax plan
How Trump’s Tax Plan Could Affect the Middle Class
Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia. “This tax reduction improved U.S. economic competitiveness, accelerating income growth for middle-class families,” said Wayne Winegarden, ...
Business & Economics
Learn more about how taxes harm economic activity
Does San Diego County’s Measure G measure up?
There’s no denying that the crumbling section of the coastal bluff near Del Mar that holds up the only rail line linking San Diego to the rest of California needs to be shored up. But is a tax hike necessary to get the job done? No, but that’s never stopped ...
California
Learn about the problems with LA's Measure ULA
Yet another example of a tax that didn’t live up to its promises
Measure ULA, approved by nearly 58% of the voters, initially imposed a 4% “mansion tax” on the sales of any homes or commercial properties valued at more than $5 million. The rate jumped to 5.5% on sales above $10 million. The thresholds increased to $5.15 million and $10.3 million on ...
Business & Economics
Read the latest on California's reparations proposal
Here’s what California’s radical reparations plan will cost taxpayers
Much of the discussion surrounding the push for reparations in California, New York and cities like San Francisco center on the historical justifications for mass payouts. Yet, as the ancient Greek philosopher and mathematician Pythagoras said, “Numbers rule the universe.” Reparations proponents in California are quick to dismiss criticisms over cost. ...
Business & Economics
Listen to a discussion on the cost of reparations in California on the John Carlson Show
With the introduction of its first set of reparations bills, the California legislature is officially considering the recommendations of the California Reparations Report from the state Reparations Task Force. Wayne Winegarden joins Phil Vandervort on the John Carlson Show on Talk Radio 570 KVI Seattle to discuss the estimated cost ...
Blog
Learn how homelessness is now hurting California pro teams
How Homelessness, Taxes Impacted Deal for Baseball’s Top Free Agent
In fact, San Francisco’s status these days as a not very desirable place to live, work, or play also played a major factor in the deal. Giants legend and future hall of famer Buster Posey, who is now a member of the team’s executive board and was involved in the ...
Business & Economics
Read about latest tax hike push at State Capitol
California’s Already High Taxes Could Increase if Democratic Legislators Prevail
California has been losing businesses and residents to states with lower tax burdens for years, and the response in Sacramento has been puzzling. Rather than trying to compete with those states, the counter has been to instead raise taxes even higher. Following this formula, legislators recently passed Assembly Constitutional Amendment ...
Business & Economics
NEW STUDY FINDS
Americans Pay $1,300 ‘Tort Tax,’ Fixing Legal System Would Grow Economy by 2 Percent
Americans pay a “tort tax” of $1,300 per person thanks to lawsuit abuse, and reforming the legal system could boost the U.S. economy by 2 percent over time, finds a new study released today by California-based, nonpartisan, free-market think tank, the Pacific Research Institute. “Frivolous lawsuits reduce economic opportunities, jobs, ...
Book Review: The Age of Debt Bubbles edited by Max Rangely
Today, the U.S.’s debt-to-GDP ratio (the ratio between a country’s government debt and its gross domestic product) stands at 121 percent according to the Federal Reserve Bank of St. Louis. However, we’re not the only country at risk. Italy is at 139 percent, Greece at 153 percent, Singapore at 176 ...
State Budget Week - Learn how the Newsom Budget Will Impact California's Tax Burden
The Newsom Budget on Taxes: Yes, Governor, California Is a High Tax State
California imposes the highest top marginal state income tax rate and one of the highest state and local sales tax rates in the country. It is simply illogical to claim that a state with the highest income tax rate and a very high state and local sales tax rates is ...
Learn more about Trump's tax plan
How Trump’s Tax Plan Could Affect the Middle Class
Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia. “This tax reduction improved U.S. economic competitiveness, accelerating income growth for middle-class families,” said Wayne Winegarden, ...
Learn more about how taxes harm economic activity
Does San Diego County’s Measure G measure up?
There’s no denying that the crumbling section of the coastal bluff near Del Mar that holds up the only rail line linking San Diego to the rest of California needs to be shored up. But is a tax hike necessary to get the job done? No, but that’s never stopped ...
Learn about the problems with LA's Measure ULA
Yet another example of a tax that didn’t live up to its promises
Measure ULA, approved by nearly 58% of the voters, initially imposed a 4% “mansion tax” on the sales of any homes or commercial properties valued at more than $5 million. The rate jumped to 5.5% on sales above $10 million. The thresholds increased to $5.15 million and $10.3 million on ...
Read the latest on California's reparations proposal
Here’s what California’s radical reparations plan will cost taxpayers
Much of the discussion surrounding the push for reparations in California, New York and cities like San Francisco center on the historical justifications for mass payouts. Yet, as the ancient Greek philosopher and mathematician Pythagoras said, “Numbers rule the universe.” Reparations proponents in California are quick to dismiss criticisms over cost. ...
Listen to a discussion on the cost of reparations in California on the John Carlson Show
With the introduction of its first set of reparations bills, the California legislature is officially considering the recommendations of the California Reparations Report from the state Reparations Task Force. Wayne Winegarden joins Phil Vandervort on the John Carlson Show on Talk Radio 570 KVI Seattle to discuss the estimated cost ...
Learn how homelessness is now hurting California pro teams
How Homelessness, Taxes Impacted Deal for Baseball’s Top Free Agent
In fact, San Francisco’s status these days as a not very desirable place to live, work, or play also played a major factor in the deal. Giants legend and future hall of famer Buster Posey, who is now a member of the team’s executive board and was involved in the ...
Read about latest tax hike push at State Capitol
California’s Already High Taxes Could Increase if Democratic Legislators Prevail
California has been losing businesses and residents to states with lower tax burdens for years, and the response in Sacramento has been puzzling. Rather than trying to compete with those states, the counter has been to instead raise taxes even higher. Following this formula, legislators recently passed Assembly Constitutional Amendment ...
NEW STUDY FINDS
Americans Pay $1,300 ‘Tort Tax,’ Fixing Legal System Would Grow Economy by 2 Percent
Americans pay a “tort tax” of $1,300 per person thanks to lawsuit abuse, and reforming the legal system could boost the U.S. economy by 2 percent over time, finds a new study released today by California-based, nonpartisan, free-market think tank, the Pacific Research Institute. “Frivolous lawsuits reduce economic opportunities, jobs, ...
