Search Results for: wealth tax – Page 18
California
Fact-Checked: Gavin Newsom Shouldn’t Have Dared Us
By Kerry Jackson and Wayne Winegarden In an interview performance that has been described as “unhinged,” “odd,” “testy,” and “angry,” Gov. Gavin Newsom claimed Texas middle-class families “pay more taxes than middle-class families in California.” “Look that up,” he said in a virtual meeting with editorial and opinion writers from ...
Pacific Research Institute
September 2, 2021
Commentary
Under Dems’ Drug Pricing Plan, Dozens of New Meds Will Never Be Invented
The Congressional Budget Office just released an analysis of House Democrats’ effort to impose price controls on prescription drugs, H.R. 3 — the Elijah E. Cummings Lower Drug Costs Now Act. The CBO’s chief finding is grim. By drastically limiting pharmaceutical revenue, H.R. 3 would starve scientists of the funding they need ...
Sally C. Pipes
September 2, 2021
Blog
In Bipartisan Vote, U.S. Senate Follows PRI’s Advice in Rejecting ‘Costly Subsidies for the Rich’
You may have missed it amidst the “vote-a-rama” on dozens of amendments to the Senate Democrats’ $3.5 billion budget reconciliation bill being voted on early Wednesday morning, but a key bipartisan vote could put an end to what PRI has termed “costly subsidies for the rich,” or taxpayers subsidizing electric ...
Tim Anaya
August 12, 2021
Blog
Biden’s Electric Vehicle Push Shows He Hasn’t Learned from California’s Mistakes
President Biden announced new federal action on Thursday designed to increase the role of government officials as car salesmen. Politico reports that Biden signed an executive order “setting a target that half of all new vehicle sales by 2030 will be zero-emissions vehicles, primarily electric cars and trucks.” The administration ...
Tim Anaya
August 6, 2021
Blog
Demystifying RHNA: A Guide for the Perplexed Californian
The state of California is in the midst of a Regional Housing Needs Assessment (RHNA) cycle. It happens every eight years, and with the sixth cycle currently underway, you’ve no doubt seen headlines about it. For the uninitiated, it probably seems like an alphabet soup of bureaucracy. What exactly is ...
M. Nolan Gray
July 21, 2021
Commentary
A lower Medicare age solves nothing
More than 150 House Democrats are pushing President Joe Biden to lower Medicare’s eligibility age as part of his American Families Plan. It was one of Biden’s campaign promises. They want to allow all Americans age 60 and older to sign up for the program — a reform that would add ...
Sally C. Pipes
July 13, 2021
Blog
Will SALT Cap Dilemma Thwart Biden’s Big Spending Plans?
The latest Washington buzz has the Senate likely voting on the bipartisan infrastructure deal and the federal budget resolution that will fuel President Biden’s big spending plans by sometime in August. But the debate over the repeal of the state and local tax (SALT) deduction cap threatens to be the ...
Tim Anaya
July 13, 2021
Blog
Been There, Done That on Costly Subsidies for the Rich
President Biden has proposed $174 billion in federal electric car subsidies, which research shows have been little more than giveaways to wealthy car buyers. California Has “Been There, Done That” California is one of the nation’s leaders in offering taxpayer-funded subsidies to purchase new electric cars. State tax credits ...
Pacific Research Institute
July 8, 2021
Commentary
Stop The Bid To Expand Medicare
Progressives in Congress are laying the groundwork to expand Medicare by the slimmest of margins later this year. Sen. Bernie Sanders, I-Vt., the head of the Senate Budget Committee, is teeing up a $6 trillion legislative package that would, among other things, lower the age at which older adults become ...
Sally C. Pipes
July 6, 2021
Commentary
Democrats’ Medicare Plan Lavishes Billions on Patients Who Don’t Need It
Medicare is running out of money. According to a recent report from the Congressional Budget Office, the program’s Part A hospital insurance trust fund is projected to be insolvent in 2024. At that point, there won’t be enough tax revenue coming in to cover the claims costs of the program’s beneficiaries. Naturally, ...
Sally C. Pipes
July 2, 2021
Fact-Checked: Gavin Newsom Shouldn’t Have Dared Us
By Kerry Jackson and Wayne Winegarden In an interview performance that has been described as “unhinged,” “odd,” “testy,” and “angry,” Gov. Gavin Newsom claimed Texas middle-class families “pay more taxes than middle-class families in California.” “Look that up,” he said in a virtual meeting with editorial and opinion writers from ...
Under Dems’ Drug Pricing Plan, Dozens of New Meds Will Never Be Invented
The Congressional Budget Office just released an analysis of House Democrats’ effort to impose price controls on prescription drugs, H.R. 3 — the Elijah E. Cummings Lower Drug Costs Now Act. The CBO’s chief finding is grim. By drastically limiting pharmaceutical revenue, H.R. 3 would starve scientists of the funding they need ...
In Bipartisan Vote, U.S. Senate Follows PRI’s Advice in Rejecting ‘Costly Subsidies for the Rich’
You may have missed it amidst the “vote-a-rama” on dozens of amendments to the Senate Democrats’ $3.5 billion budget reconciliation bill being voted on early Wednesday morning, but a key bipartisan vote could put an end to what PRI has termed “costly subsidies for the rich,” or taxpayers subsidizing electric ...
Biden’s Electric Vehicle Push Shows He Hasn’t Learned from California’s Mistakes
President Biden announced new federal action on Thursday designed to increase the role of government officials as car salesmen. Politico reports that Biden signed an executive order “setting a target that half of all new vehicle sales by 2030 will be zero-emissions vehicles, primarily electric cars and trucks.” The administration ...
Demystifying RHNA: A Guide for the Perplexed Californian
The state of California is in the midst of a Regional Housing Needs Assessment (RHNA) cycle. It happens every eight years, and with the sixth cycle currently underway, you’ve no doubt seen headlines about it. For the uninitiated, it probably seems like an alphabet soup of bureaucracy. What exactly is ...
A lower Medicare age solves nothing
More than 150 House Democrats are pushing President Joe Biden to lower Medicare’s eligibility age as part of his American Families Plan. It was one of Biden’s campaign promises. They want to allow all Americans age 60 and older to sign up for the program — a reform that would add ...
Will SALT Cap Dilemma Thwart Biden’s Big Spending Plans?
The latest Washington buzz has the Senate likely voting on the bipartisan infrastructure deal and the federal budget resolution that will fuel President Biden’s big spending plans by sometime in August. But the debate over the repeal of the state and local tax (SALT) deduction cap threatens to be the ...
Been There, Done That on Costly Subsidies for the Rich
President Biden has proposed $174 billion in federal electric car subsidies, which research shows have been little more than giveaways to wealthy car buyers. California Has “Been There, Done That” California is one of the nation’s leaders in offering taxpayer-funded subsidies to purchase new electric cars. State tax credits ...
Stop The Bid To Expand Medicare
Progressives in Congress are laying the groundwork to expand Medicare by the slimmest of margins later this year. Sen. Bernie Sanders, I-Vt., the head of the Senate Budget Committee, is teeing up a $6 trillion legislative package that would, among other things, lower the age at which older adults become ...
Democrats’ Medicare Plan Lavishes Billions on Patients Who Don’t Need It
Medicare is running out of money. According to a recent report from the Congressional Budget Office, the program’s Part A hospital insurance trust fund is projected to be insolvent in 2024. At that point, there won’t be enough tax revenue coming in to cover the claims costs of the program’s beneficiaries. Naturally, ...