California
Business & Economics
Taxifornia
California’s tax system, comparisons with other states, and the path to reform in the Golden State San FranciscoThe Pacific Research Institute (PRI), a free-market think tank based in San Francisco, found that California ranked dead last in a combined measure of the state’s tax burden and tax structure according to ...
Business & Economics
California Ranks Last in Combination Measure of Tax Burden and Tax Structure
Read the PDF study San Francisco—The Pacific Research Institute (PRI), a free-market think tank based in San Francisco, found that California ranked dead last in a combined measure of the state’s tax burden and tax structure according to the newly released study, Taxifornia. It is the second study in the ...
California
HOW OBAMA-ED HURTS CALIFORNIA
California’s rigorous academic content standards are one of the few bright spots on the state’s otherwise dismal education landscape. Now, however, President Obama’s drive to nationalize education could doom the standards. Created in the late 1990s, California’s math and English standards give guidance to educators regarding the grade-level knowledge and ...
Health Care
Repeal and Replace, But With What?
Key Points: Republicans in Congress appear to be solidly committed to repealing ObamaCare. Republicans’ last attempt at reforming health insurance, the Health Insurance Portability and Accountability Act of 1996 (HIPAA), did not solve the problems of portability and coverage for pre-existing conditions, the stated goals of the Act. The official ...
Business & Economics
Pension crater much deeper
SACRAMENTO – A new report from Stanford University’s well-respected economic policy institute has revealed that those of us who have been warning about California’s severely underfunded public employee retirement systems have, quite frankly, been wrong. We have been understating the scope of the problem. Pension critics, myself included, have been ...
Business & Economics
Vallejo Goes for Broke
Can bankruptcy save California’s cities from staggering pension obligations? As California cities and counties struggle to fulfill the generous pay and pension commitments that they made to public employees during flush economic times, some politicians have taken comfort in a usually forbidding word: bankruptcy. Top officials in Los Angeles and ...
Business & Economics
A bone to pick with Bartlett on federal spending
Reps. Jeb Hensarling and Mike Pence recently called for a constitutional amendment limiting federal spending “to one-fifth of the economy.” Bruce Bartlett, a former official in the George H.W. Bush administration, promptly denounced the idea as “dopey,” one “terrible… on so many levels that it is hard to know where ...
California
Double Jeopardy? Californians Are Already Protected from Health Insurance Cancellations
The health “reform” recently signed by President Obama may be expensive and over-regulated but its consumer protection parts are popular. They also turn out to be redundant, even though it’s hard to criticize a law that prevents a health insurer from dropping a beneficiary after someone falls ill. Indeed, H.R. ...
Health Care
What the Congressional Budget Office Doesn’t Score: More Than $6.5 Billion Annual State Revenue at Risk from Federal Health “Reform”
Key Points State revenues in 2008 included an estimated $6.5 billion in revenues from premium taxes levied on health insurance. The federal takeover of health insurance will lure 15 million more people into Medicaid, and nine million into federally licensed “exchanges” from state-regulated health insurance. The “reform” will reduce states’ ...
Business & Economics
Vallejo’s Painful Lessons in Municipal Bankruptcy
Two years after going broke, the California city still isn’t free of its crushing pension obligations. In 2008, Vallejo, Calif., was nearly broke. Faced with falling tax revenues, rising pension costs, and unmovable public-employee unions, the city was unable to pay its bills and declared bankruptcy. Now, as it prepares ...
Taxifornia
California’s tax system, comparisons with other states, and the path to reform in the Golden State San FranciscoThe Pacific Research Institute (PRI), a free-market think tank based in San Francisco, found that California ranked dead last in a combined measure of the state’s tax burden and tax structure according to ...
California Ranks Last in Combination Measure of Tax Burden and Tax Structure
Read the PDF study San Francisco—The Pacific Research Institute (PRI), a free-market think tank based in San Francisco, found that California ranked dead last in a combined measure of the state’s tax burden and tax structure according to the newly released study, Taxifornia. It is the second study in the ...
HOW OBAMA-ED HURTS CALIFORNIA
California’s rigorous academic content standards are one of the few bright spots on the state’s otherwise dismal education landscape. Now, however, President Obama’s drive to nationalize education could doom the standards. Created in the late 1990s, California’s math and English standards give guidance to educators regarding the grade-level knowledge and ...
Repeal and Replace, But With What?
Key Points: Republicans in Congress appear to be solidly committed to repealing ObamaCare. Republicans’ last attempt at reforming health insurance, the Health Insurance Portability and Accountability Act of 1996 (HIPAA), did not solve the problems of portability and coverage for pre-existing conditions, the stated goals of the Act. The official ...
Pension crater much deeper
SACRAMENTO – A new report from Stanford University’s well-respected economic policy institute has revealed that those of us who have been warning about California’s severely underfunded public employee retirement systems have, quite frankly, been wrong. We have been understating the scope of the problem. Pension critics, myself included, have been ...
Vallejo Goes for Broke
Can bankruptcy save California’s cities from staggering pension obligations? As California cities and counties struggle to fulfill the generous pay and pension commitments that they made to public employees during flush economic times, some politicians have taken comfort in a usually forbidding word: bankruptcy. Top officials in Los Angeles and ...
A bone to pick with Bartlett on federal spending
Reps. Jeb Hensarling and Mike Pence recently called for a constitutional amendment limiting federal spending “to one-fifth of the economy.” Bruce Bartlett, a former official in the George H.W. Bush administration, promptly denounced the idea as “dopey,” one “terrible… on so many levels that it is hard to know where ...
Double Jeopardy? Californians Are Already Protected from Health Insurance Cancellations
The health “reform” recently signed by President Obama may be expensive and over-regulated but its consumer protection parts are popular. They also turn out to be redundant, even though it’s hard to criticize a law that prevents a health insurer from dropping a beneficiary after someone falls ill. Indeed, H.R. ...
What the Congressional Budget Office Doesn’t Score: More Than $6.5 Billion Annual State Revenue at Risk from Federal Health “Reform”
Key Points State revenues in 2008 included an estimated $6.5 billion in revenues from premium taxes levied on health insurance. The federal takeover of health insurance will lure 15 million more people into Medicaid, and nine million into federally licensed “exchanges” from state-regulated health insurance. The “reform” will reduce states’ ...
Vallejo’s Painful Lessons in Municipal Bankruptcy
Two years after going broke, the California city still isn’t free of its crushing pension obligations. In 2008, Vallejo, Calif., was nearly broke. Faced with falling tax revenues, rising pension costs, and unmovable public-employee unions, the city was unable to pay its bills and declared bankruptcy. Now, as it prepares ...
