Blog
Blog
The Bullet Train Looking More Like A Dud All The Time
A California high-speed rail contractor has warned the project’s state authority that due to delays in land procurement, completion of the line’s first leg is at risk of falling behind by two years. Sounds like we’re just catching up on old news. We’re not. The bullet train has run into ...
Blog
Workers, Not Corporations, Will Pay the Price for Global Minimum Tax Push
According to Treasury Secretary Janet Yellen, it is important to work with other countries to end the pressures of tax competition and corporate tax base erosion… to make sure the global economy thrives based on a more level playing field in the taxation of multinational corporations. With all due respect, ...
Blog
What’s an ESG Fund to Do? Bitcoin’s “Dirty” Secret
Bitcoin has a dirty little secret says business channel CNBC. Apparently, “mining” bitcoins takes up huge amounts of energy. Bitcoins are “mined” or created by people all over the world using their computers to solve complicated math problems. Every 10 minutes, someone, somewhere, solves a problem and is rewarded with ...
Blog
Maybe It Won’t Be So Easy to Pass These Tax Hikes
Much of the political energy in Sacramento and Washington lately has focused on taxes. Speculation has focused on which taxes liberal politicians will raise, and by how much. While pundits are all but declaring it a fait accompli, two recent developments suggest it will be more difficult than first thought. ...
Blog
Winners and Losers – April 2
Rowena Itchon – Senior Vice President Winner: Me! I finally got a vaccine appointment. Loser: U.S. jobs President Biden’s plan to hike the corporate tax rate from 21% to 28% stunts economic growth. To prevent U.S. companies from exporting jobs, the administration thinks that it can get other countries to ...
Blog
Are Property Rights Dead In California?
According to one San Francisco supervisor, there are tens of thousands of vacant housing units in the city. “How do we activate them?” he asks. It’s a good question, with an answer that’s likely to unsettle the dwindling number in California who still respect property rights. Dean Preston, the first ...
Agriculture
What Secretary Yellen and Chairman Powell’s Congressional Testimony Mean
There’s a great parable relayed in the movie Charlie Wilson’s War between Rep. Charles Wilson and CIA agent Gust Avrakotos, played by Tom Hanks and Phillip Seymour Hoffman. It’s about a Zen master and a boy. The Zen master repeats the phrase, “we’ll see,” while others in the fable quickly ...
Blog
Public Schools Slowly Move to Reopen While Charter and Private Schools Have Stayed Open
As California public schools drag their feet toward five-day-a-week in-person instruction for all children, I point out in my new Pacific Research Institute report “Road to Reopening” that schools in other parts of the country have remained open and have done so without spikes of COVID-19. A January 2021 CDC ...
Blog
Fiscal Insanity
Neither political party has been fiscally responsible as of late. The last fiscally responsible President was Bill Clinton who, in his 1996 State of the Union Address, declared that “the era of big government is over”. Today, it is the era of small government that is over, which (demonstrating how ...
Agriculture
Winners and Losers – March 26
Tim Anaya – Senior Director of Communications and PRI’s Sacramento Office Winners: Californians Who Are 16+ – The wait is finally over. Californians who are 50 years of age or older will be eligible to receive the Covid-19 vaccine starting on April 1, and Californians who are 16 years of ...
The Bullet Train Looking More Like A Dud All The Time
A California high-speed rail contractor has warned the project’s state authority that due to delays in land procurement, completion of the line’s first leg is at risk of falling behind by two years. Sounds like we’re just catching up on old news. We’re not. The bullet train has run into ...
Workers, Not Corporations, Will Pay the Price for Global Minimum Tax Push
According to Treasury Secretary Janet Yellen, it is important to work with other countries to end the pressures of tax competition and corporate tax base erosion… to make sure the global economy thrives based on a more level playing field in the taxation of multinational corporations. With all due respect, ...
What’s an ESG Fund to Do? Bitcoin’s “Dirty” Secret
Bitcoin has a dirty little secret says business channel CNBC. Apparently, “mining” bitcoins takes up huge amounts of energy. Bitcoins are “mined” or created by people all over the world using their computers to solve complicated math problems. Every 10 minutes, someone, somewhere, solves a problem and is rewarded with ...
Maybe It Won’t Be So Easy to Pass These Tax Hikes
Much of the political energy in Sacramento and Washington lately has focused on taxes. Speculation has focused on which taxes liberal politicians will raise, and by how much. While pundits are all but declaring it a fait accompli, two recent developments suggest it will be more difficult than first thought. ...
Winners and Losers – April 2
Rowena Itchon – Senior Vice President Winner: Me! I finally got a vaccine appointment. Loser: U.S. jobs President Biden’s plan to hike the corporate tax rate from 21% to 28% stunts economic growth. To prevent U.S. companies from exporting jobs, the administration thinks that it can get other countries to ...
Are Property Rights Dead In California?
According to one San Francisco supervisor, there are tens of thousands of vacant housing units in the city. “How do we activate them?” he asks. It’s a good question, with an answer that’s likely to unsettle the dwindling number in California who still respect property rights. Dean Preston, the first ...
What Secretary Yellen and Chairman Powell’s Congressional Testimony Mean
There’s a great parable relayed in the movie Charlie Wilson’s War between Rep. Charles Wilson and CIA agent Gust Avrakotos, played by Tom Hanks and Phillip Seymour Hoffman. It’s about a Zen master and a boy. The Zen master repeats the phrase, “we’ll see,” while others in the fable quickly ...
Public Schools Slowly Move to Reopen While Charter and Private Schools Have Stayed Open
As California public schools drag their feet toward five-day-a-week in-person instruction for all children, I point out in my new Pacific Research Institute report “Road to Reopening” that schools in other parts of the country have remained open and have done so without spikes of COVID-19. A January 2021 CDC ...
Fiscal Insanity
Neither political party has been fiscally responsible as of late. The last fiscally responsible President was Bill Clinton who, in his 1996 State of the Union Address, declared that “the era of big government is over”. Today, it is the era of small government that is over, which (demonstrating how ...
Winners and Losers – March 26
Tim Anaya – Senior Director of Communications and PRI’s Sacramento Office Winners: Californians Who Are 16+ – The wait is finally over. Californians who are 50 years of age or older will be eligible to receive the Covid-19 vaccine starting on April 1, and Californians who are 16 years of ...
