On January 6, Heartland Institute Research Fellow Jesse Hathaway joined Genesis Communications Network’s Charles Butler to talk about how taxpayers lost billions of dollars on the U.S. Treasury Department’s bailout of banks and automobile manufacturing companies several years ago.
The Heartland Institute has recently signed a coalition letter led by Americans for Prosperity urging Congress to oppose legislation that would hike the federal gasoline tax. The plan was introduced by Sens. Bob Corker (R-Tennessee)[…]
Hershey’s – the Candy Man – is a BIG business. Its May 2014 market cap was $23.26 billion.
And Hershey’s is very generous with government. Through the second quarter of last year, it had spent $8,332,000 on lobbying and $845,534 on candidates and elected officials. Tallies no Mom & Pop Candy Shoppe can come close to matching.
The European Central Bank has announced its intention to create out of thin air over one trillion new Euros from March 2015 to September 2016. The rationale, the monetary central planners say, is to prevent price deflation and “stimulate” the European economy into prosperity.
The only problem with their plan is that their concern about “deflation” is a misguided fear, and printing money can never serve as a long-term solution to bring about sustainable economic growth and prosperity
While becoming more and more powerful, public sector unions are losing favor with taxpayers, Daniel DiSalvo, author of “Government Against Itself: Public Union Power and Its Consequences,” said during a forum hosted by The Illinois Policy Institute Tuesday in Chicago.
What are the Republicans thinking? Coming right out of the gate, at the start of the new GOP-controlled Congress, they began talking about the crazy idea of increasing the gasoline tax. It has little chance of passing, yet can easily taint the party with a tax-raising reputation.
Once again the Permanent Internet Tax Freedom Act has been introduced in the House of Representatives, this time because the last temporary extension, passed in December, will expire on October 1. The bipartisan legislation bans taxes on Internet access permanently and disallows multiple or discriminatory taxes on Internet activities. If allowed to expire, states would begin to collect taxes on Internet access, or apply other discriminatory taxes that may already be in place in the state but which have been held at bay during the moratorium.
The FCC imagines it doesn’t need Congress, but it does.
In just the second week of this new Congress, House Energy and Commerce Committee Chairman Fred Upton and Senate Commerce Committee Chairman John Thune proposed draft legislation that would provide the FCC with the permanent net neutrality enforcement authority the FCC says it needs.
The cromnibus version of ITFA expires this fall, just in time for the annual budget fights on Capitol Hill. First passed in 1998 as a temporary law, ITFA has been renewed for more seasons than sleeper hit shows like Arrested Development and Invader Zim.
Competitive Enterprise Institute senior fellow John Berlau joins The Heartland Institute’s Budget & Tax News managing editor Jesse Hathaway to talk about the U.S. Treasury Department’s recent announcement that the “auto bailout” portion of the Troubled Asset Relief Program (TARP) had officially ended with the final repayment of taxpayer-funded loans to Ally Financial, formerly known as GMAC.
The recent brutal events in France have reminded us how small the world is that we all share. Violence and conflicts that have their origin in one part of the globe shows itself in another part of our planet. And mass media immediately shares those events to the rest of us, no matter where we are.
More than 3.1 million workers across the nation received a late Christmas gift on Jan. 1, when minimum wages were increased in 21 states. Although the mandated wage hike was welcomed by many workers, they will soon find that their new pay raise will cause more harm than help.
Not only is Social Security in the worst shape it has ever been in, a recent Congressional Budget Office (CBO) report reveals the problem has grown significantly worse under the Obama administration.
On January 5, Compact for America Education Foundation President & Executive Director Nick Dranias was a guest on Michigan’s Frank Beckmann show. Sitting in for Frank Beckmann and conducting the interview was M. L. Elrick. Dranias discussed his organization Compact for America and their plan to fix the national debt crisis.
November’s election was an overwhelming, historic rebuke of what President Barack Obama and his Democrats are doing – and how they’re doing it.
But if you think the newly-minted major Republican majorities should serve as a roadblock to the Democrat agenda – well, that’s yet another thing you don’t have in common with the Democrat Party.
In directing the Wireless bureau to make two substantial, Commission-level decisions today, without the full Commission vote that was requested by Commissioners Pai and O’Rielly, (concerning the release of the annual wireless competition report and regulating cellular data roaming rates), the FCC Chairman unnecessarily undermined the legitimacy of the FCC at a critical time the FCC needs all the actual and perceived legitimacy it can get.
A recent study of eminent domain takings and their associated state and local government tax revenues suggests buying grandma’s farmhouse to make room for a strip mall isn’t the automatic economic boon it’s claimed to be, leaving some wondering if the use of eminent domain as an economic booster is ethical.
Bipartisanship in Washington, D.C. has for the most part devolved into a pipe dream, a dirty word – or both.
A pipe dream because after decades of gerrymandering – partisanship is what you get. Gerrymandering is elected officials choosing voters rather than the other way round. Those already elected carve Congressional districts into bizarre shapes to – at the grainiest of micro-levels – decide which voters go where. You can’t create a plethora of 60+% partisan districts – and then act surprised when the resulting elected officials are partisan.