California

Commentary

Thanks To ObamaCare, Many Will Lose Health Coverage

Wal-Mart just announced that it will not offer health insurance to new employees who work less than 30 hours a week. It’s reserved the right to do the same for existing workers. For these new policies, Wal-Mart’s employees can thank ObamaCare. The federal health reform law’s “employer mandate” requires companies ...
Agriculture

Ruling risks interstate water pacts

A “neighborhood” dispute between Oklahoma and Texas could upset decades of water agreements that have facilitated the nation’s urban, agricultural and industrial growth. At issue in Tarrant Regional Water District v. Herrmann is Oklahoma’s refusal to allow Texas to draw water to which it is entitled under the Red River ...
Business & Economics

Corporate Income Tax Elasticity: How Republicans Can Have Lower Tax Rates and Democrats Can Collect More Tax Revenue!

When the government increases tax rates, it assumes that it will collect more tax revenue dollars. Generally, this is the case. But there may well be an important exception that occurs because of the elasticity of taxation. Despite the presence of many contaminating variables, a persistent pattern is present in ...
Business & Economics

Deep Reform, Not Window Dressing, for a Cooler, Cleaner California

The California Air Resources Board (CARB) wants car companies to install metallic reflective windows, which regulators believe will reduce energy use and fight global warming. Though possibly well intentioned this plan amounts only to window dressing. Legislators should pursue deeper environmental reforms with more benefits and fewer disadvantages. CARB believes ...
Business & Economics

The Crusade Against Plastic Bags

KEY POINTS An ever-growing number of municipalities are instituting bans on plastic grocery bags in the name of environmental protection; Studies are mixed regarding whether or not such bans offer significant environmental benefits, but claims of rampant environmental harms are suspect; Proponents of bag-bans omit the most important consideration, which ...
California

Lax CPUC oversight lets PG&E gouge ratepayer

As the price of natural gas has fallen to a decade low, utility ratepayers wouldn’t know it. Utility costs continue to explode. Given the low cost of natural gas, Pacific Gas & Electric’s latest request to increase utility rates by more than 15 percent by 2016 is causing many to ...
Business & Economics

New Report on Controlling Rising Government Compensation Costs

New Report on Controlling Rising Government Compensation Costs The Pacific Research Institute (PRI), a free-market think tank based in San Francisco, today released a new report providing policy reforms to help control the rising compensation costs of state government employees. The report “Policy Reforms to Control Rising Government Compensation Costs” ...
California

Prop. 30 hikes taxes without fixing K-12 systemic flaws

As Gov. Jerry Brown scurries around the state to save Proposition 30, his ballot measure to increase state sales and income taxes, voters are expressing skepticism that the tax revenues raised by the initiative will be spent wisely. They have reason to worry because Prop. 30 includes no reform of ...
Business & Economics

To cut state prison budget, start with perks for guards

California’s voters will soon consider two ballot initiatives that aim to reduce the state’s unsustainable spending on prisons. The cost of jail is punishing – and not just for the prisoners. Incarcerating an inmate runs an average of $47,000 a year. That figure certainly is not chump change, but the ...
Business & Economics

California’s politicians failing taxpayers

California’s state and local politicians are failing their fiduciary responsibility to the taxpayers. As the taxpayers’ agents, California’s politicians should be establishing compensation policies that are generous enough to attract and retain the right people, but not so generous that government workers earn a substantial premium compared to their private ...
Commentary

Thanks To ObamaCare, Many Will Lose Health Coverage

Wal-Mart just announced that it will not offer health insurance to new employees who work less than 30 hours a week. It’s reserved the right to do the same for existing workers. For these new policies, Wal-Mart’s employees can thank ObamaCare. The federal health reform law’s “employer mandate” requires companies ...
Agriculture

Ruling risks interstate water pacts

A “neighborhood” dispute between Oklahoma and Texas could upset decades of water agreements that have facilitated the nation’s urban, agricultural and industrial growth. At issue in Tarrant Regional Water District v. Herrmann is Oklahoma’s refusal to allow Texas to draw water to which it is entitled under the Red River ...
Business & Economics

Corporate Income Tax Elasticity: How Republicans Can Have Lower Tax Rates and Democrats Can Collect More Tax Revenue!

When the government increases tax rates, it assumes that it will collect more tax revenue dollars. Generally, this is the case. But there may well be an important exception that occurs because of the elasticity of taxation. Despite the presence of many contaminating variables, a persistent pattern is present in ...
Business & Economics

Deep Reform, Not Window Dressing, for a Cooler, Cleaner California

The California Air Resources Board (CARB) wants car companies to install metallic reflective windows, which regulators believe will reduce energy use and fight global warming. Though possibly well intentioned this plan amounts only to window dressing. Legislators should pursue deeper environmental reforms with more benefits and fewer disadvantages. CARB believes ...
Business & Economics

The Crusade Against Plastic Bags

KEY POINTS An ever-growing number of municipalities are instituting bans on plastic grocery bags in the name of environmental protection; Studies are mixed regarding whether or not such bans offer significant environmental benefits, but claims of rampant environmental harms are suspect; Proponents of bag-bans omit the most important consideration, which ...
California

Lax CPUC oversight lets PG&E gouge ratepayer

As the price of natural gas has fallen to a decade low, utility ratepayers wouldn’t know it. Utility costs continue to explode. Given the low cost of natural gas, Pacific Gas & Electric’s latest request to increase utility rates by more than 15 percent by 2016 is causing many to ...
Business & Economics

New Report on Controlling Rising Government Compensation Costs

New Report on Controlling Rising Government Compensation Costs The Pacific Research Institute (PRI), a free-market think tank based in San Francisco, today released a new report providing policy reforms to help control the rising compensation costs of state government employees. The report “Policy Reforms to Control Rising Government Compensation Costs” ...
California

Prop. 30 hikes taxes without fixing K-12 systemic flaws

As Gov. Jerry Brown scurries around the state to save Proposition 30, his ballot measure to increase state sales and income taxes, voters are expressing skepticism that the tax revenues raised by the initiative will be spent wisely. They have reason to worry because Prop. 30 includes no reform of ...
Business & Economics

To cut state prison budget, start with perks for guards

California’s voters will soon consider two ballot initiatives that aim to reduce the state’s unsustainable spending on prisons. The cost of jail is punishing – and not just for the prisoners. Incarcerating an inmate runs an average of $47,000 a year. That figure certainly is not chump change, but the ...
Business & Economics

California’s politicians failing taxpayers

California’s state and local politicians are failing their fiduciary responsibility to the taxpayers. As the taxpayers’ agents, California’s politicians should be establishing compensation policies that are generous enough to attract and retain the right people, but not so generous that government workers earn a substantial premium compared to their private ...
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