Cato Institute budget and policy analyst Nicole Kaeding joins Budget and Tax News managing editor, Jesse Hathaway, to discuss the Fiscal Policy Report Card on America’s Governors, a white paper examining and rating all 50 governors’ on their respective fiscal and tax policies.
Heartland Institute writer Paula Bolyard joins The Heartland Institute’s Budget and Tax News managing editor, Jesse Hathaway, to discuss a lawsuit filed by former Chicago Bears linebacker Hunter Hillenmeyer against the city of Cleveland, Ohio.
Just in time for the holiday season, the Consumer Product Safety Commission (CPSC) is gearing up what can only be called a “war on fun,” persecuting legitimate foreign and domestic businesses for selling legal products to consumers, under the guise of protecting children.
The federal Dodd-Frank Act is considered by many to be the most significant financial legislation in modern history. Its purpose was to create a sound Economic Foundation to grow jobs, protect consumers, rein in Wall Street and big bonuses, end bailouts,and “too big to fail,” as well as prevent another financial crisis. Years without accountability for Wall Street and big banks had ushered in the worst financial crisis since the Great Depression that resulted in the loss of 8 million jobs, failed businesses, a drop in housing prices, and wiped out personal savings.
With recent news about Burger King and medical device manufacturer Medtronic relocating their headquarters outside of the United States to avoid high corporate taxes, the subject of corporate inversions has been a big topic of discussion in the media. While President Obama and the Treasury Department condemn these moves and construct roadblocks to prevent inversions, they fail to see the reasons that drive these corporations overseas.
On November 5, voters in five states—Alaska, Arkansas, Illinois, Nebraska, and South Dakota—will decide whether to increase their respective states’ minimum wages, with the stated purpose of alleviating poverty.
While lawmakers across the country debate proposals to increase state minimum wage rates, proponents have turned their attention toward ballot measures that might kill two birds with one stone: putting voters on the record as supporting minimum wage increases as well as getting out the vote for Democrat candidates.
Just in time for Halloween, the nonpartisan Tax Foundation has released its annual “State Business Tax Climate Index,” finding some states treat businesses in a rather beastly manner, while others give their local employers the fiscal equivalent of a king-sized candy bar.
In a classic case of regulatory overreach, the California Public Utilities Commission has notified three ride-sharing companies — Lyft, Sidecar and Uber — that their respective experimental new features violate state laws regarding chartered transportation.
What is far and away the most important global trade commodity? Food. People have to eat. Before the world’s peoples can afford to purchase from us an iPhone, or a Ford pickup truck – they have to buy (hopefully our) food.
“Government is the great fiction through which everyone endeavors to live at the expense of everyone else,” wrote the celebrated French legislator, economist, and political theorist Frederic Bastiat 165 years ago. With recent reports out of the Census Bureau indicating nearly half of all Americans are receiving some form of direct government subsidy – Social Security, Medicare, Medicaid, food stamps, unemployment benefits, housing assistance, veterans’ benefits, etc. – can there be any doubt he was right?
In 2011, numerous local-government special-interest groups and elected officials fought against Gov. John Kasich’s proposed reduction to the Local Government Fund, a pool of taxpayers’ money collected by the state government and redistributed to local governments’ general revenue funds.
Electronic Frontier Foundation senior staff attorney and digital surveillance expert Jennifer Lynch joins he Heartland Institute’s Budget and Tax News managing editor, Jesse Hathaway, to discuss the Federal Bureau of Investigation’s (FBI) new massive electronic surveillance and investigation database, the Next Generation Identification system (NGI).
Despite volumes of academic evidence to the contrary, supporters of sports subsidies often claim that the National Football League requires taxpayer support to remain solvent, and that public financing of privately-owned stadiums will lead to increased economic revenue.
Did I know the owner of the Costa Rican company? No. Did I know anyone in Costa Rica? No. Did I have any particular affinity for that nation? No. To quote Joe Walsh (the James Gang, solo and Eagles musician, not the former Congressman):
Ain’t never been there – they tell me it’s nice.
Eighty years ago, in the autumn of 1934, there appeared in English one of the most important books on money and inflation penned in the twentieth century, The Theory of Money and Creditby the Austrian economist, Ludwig von Mises. Even eight decades later, it still offers the clearest analysis and understanding of booms and busts, inflations and depressions.