Inflation

Blog

Lies, Damn Lies, and Drug Price Increases

As each new year begins, the increases in the list prices of drugs are announced. And, following these announcements, the political class complains that something must be done. This year, following the price announcements, Speaker Nancy Pelosi tweeted “Enough is enough” while Senator Grassley emphasized that a “call to action” ...
Blog

New Year, New Laws

New Year’s resolutions are about goals and aspirations.  Unfortunately, California’s new 2020 laws serve mostly the aspirations of state politicians and interest groups, not hard-working Californians. Take AB5, a law that forces thousands of independent contractors to become company employees. Gig economy workers from Uber drivers to truckers and journalists ...
Commentary

The Senate’s New Drug Bill Is Socialism Lite

House Speaker Nancy Pelosi has a radical new plan to let the federal government set drug prices. In the hopes of combating this bill, many Republicans are holding up Senator Chuck Grassley’s Prescription Drug Pricing Reduction Act as a more moderate alternative. That’s a mistake. While Grassley’s bill isn’t as ...
Blog

California Policymakers Will Never Fix The State’s Housing Crisis By Looking Backward

Gov. Gavin Newsom and lawmakers have made it clear they believe rent control is one of the solutions to California’s housing shortage. According to the Los Angeles Times, an agreement announced late on the Friday evening before the Labor Day weekend between the governor and legislative leaders “would cap rent ...
Commentary

More Competition Will Improve Drug Affordability

Making medicines more affordable for patients promises to be a top policy priority for Congress when it returns from its August recess. Achieving this goal does not require new, elaborate, government programs or regulations. It requires reforms that will empower biosimilars to more effectively compete against originator biologics. To see ...
Blog

2020 Presidential Candidates Trying to One-Up Themselves Giving Away Free Money to College Students

In late April, Senator Elizabeth Warren beat out other 2020 presidential contenders to the college-aged voter pulpit by introducing a sweeping student loan forgiveness plan. With the previous debate about the nation’s massive $1.57 trillion student loan debt focused on reducing the cost of attending a college or university and ...
Business & Economics

Making It Rain In California

The “Tax Cuts and Jobs Act” (TCJA) was signed into law on Dec. 22, 2017. The Act reformed the U.S. corporate income tax code cutting the rate to a globally competitive 21%. Reforms on the personal income tax side, which are scheduled to expire in 2025, reduced the marginal income ...
Business & Economics

NEW STUDY: State and Local Tax Deduction “Makes it Rain” in California, Paid for by Taxpayers in Low Tax States

A new study released today by the nonpartisan Pacific Research Institute, a California-based free market think tank, found that capping the State and Local Tax deduction brought broad-based tax relief to millions of Americans, while putting an end to taxpayers in low-tax states like Indiana subsidizing higher taxes and spending ...
Commentary

Wayne Winegarden in Forbes: Inflation Caps Are Price Controls By Another Name

From the time we were toddlers, it has always been tempting to bang the square peg into the round hole. After all, there is always that one square peg that seems like it should just about fit into that round hole, and it would feel so satisfying if it did. ...
Commentary

Don’t Slash Medicare In Last – Minute Budget Agreement

The weather isn’t the only thing heating up in Washington. White House officials are feverishly negotiating with congressional leaders to raise the debt ceiling and reach a two-year budget deal that averts more than $126 billion in automatic spending cuts. Democrats want the deal to dramatically raise domestic spending levels. Republicans ...
Blog

Lies, Damn Lies, and Drug Price Increases

As each new year begins, the increases in the list prices of drugs are announced. And, following these announcements, the political class complains that something must be done. This year, following the price announcements, Speaker Nancy Pelosi tweeted “Enough is enough” while Senator Grassley emphasized that a “call to action” ...
Blog

New Year, New Laws

New Year’s resolutions are about goals and aspirations.  Unfortunately, California’s new 2020 laws serve mostly the aspirations of state politicians and interest groups, not hard-working Californians. Take AB5, a law that forces thousands of independent contractors to become company employees. Gig economy workers from Uber drivers to truckers and journalists ...
Commentary

The Senate’s New Drug Bill Is Socialism Lite

House Speaker Nancy Pelosi has a radical new plan to let the federal government set drug prices. In the hopes of combating this bill, many Republicans are holding up Senator Chuck Grassley’s Prescription Drug Pricing Reduction Act as a more moderate alternative. That’s a mistake. While Grassley’s bill isn’t as ...
Blog

California Policymakers Will Never Fix The State’s Housing Crisis By Looking Backward

Gov. Gavin Newsom and lawmakers have made it clear they believe rent control is one of the solutions to California’s housing shortage. According to the Los Angeles Times, an agreement announced late on the Friday evening before the Labor Day weekend between the governor and legislative leaders “would cap rent ...
Commentary

More Competition Will Improve Drug Affordability

Making medicines more affordable for patients promises to be a top policy priority for Congress when it returns from its August recess. Achieving this goal does not require new, elaborate, government programs or regulations. It requires reforms that will empower biosimilars to more effectively compete against originator biologics. To see ...
Blog

2020 Presidential Candidates Trying to One-Up Themselves Giving Away Free Money to College Students

In late April, Senator Elizabeth Warren beat out other 2020 presidential contenders to the college-aged voter pulpit by introducing a sweeping student loan forgiveness plan. With the previous debate about the nation’s massive $1.57 trillion student loan debt focused on reducing the cost of attending a college or university and ...
Business & Economics

Making It Rain In California

The “Tax Cuts and Jobs Act” (TCJA) was signed into law on Dec. 22, 2017. The Act reformed the U.S. corporate income tax code cutting the rate to a globally competitive 21%. Reforms on the personal income tax side, which are scheduled to expire in 2025, reduced the marginal income ...
Business & Economics

NEW STUDY: State and Local Tax Deduction “Makes it Rain” in California, Paid for by Taxpayers in Low Tax States

A new study released today by the nonpartisan Pacific Research Institute, a California-based free market think tank, found that capping the State and Local Tax deduction brought broad-based tax relief to millions of Americans, while putting an end to taxpayers in low-tax states like Indiana subsidizing higher taxes and spending ...
Commentary

Wayne Winegarden in Forbes: Inflation Caps Are Price Controls By Another Name

From the time we were toddlers, it has always been tempting to bang the square peg into the round hole. After all, there is always that one square peg that seems like it should just about fit into that round hole, and it would feel so satisfying if it did. ...
Commentary

Don’t Slash Medicare In Last – Minute Budget Agreement

The weather isn’t the only thing heating up in Washington. White House officials are feverishly negotiating with congressional leaders to raise the debt ceiling and reach a two-year budget deal that averts more than $126 billion in automatic spending cuts. Democrats want the deal to dramatically raise domestic spending levels. Republicans ...
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