The subject of tax inversion, in which American firms avail of lower tax rates in foreign countries by merging companies in those countries, has become very topical in the last couple weeks thanks to a decision by Abbvie, a drug company, to merger with Shire, an Ireland-based firm and move its headquarters overseas. One of at least 47 tax inversions in the last decade, the Abbvie-Shire deal is the largest such action yet, worth $54 billion. Perhaps unsurprisingly, President Obama and Democrats in Congress have become apoplectic with rage at the audacity of a business making a prudent decision to escape bloodsucking taxes.
The appointment of Iowa’s Angela Tagtow, a controversial “environmental nutritionist” and local food activist, to head the U.S. Department of Agriculture’s Center for Nutrition Policy and Promotion is causing more[...]
Panel 8 of the 9th International Conference on Climate Change was on the subject of “Costs and Benefits of Renewable Energy.” The panel was focused on the subject of renewable energy, specifically the high cost and potentially devastating economic consequences produced by the federal government’s efforts to replace the current energy sources with renewables.
Panel 11 of the 9th International Conference on Climate Change was on the subject of “Climate Change, Human Health, and Adaptation.” The panel was primarily concerned about how climate change, and government responses to it, might affect the quality and extent of human life in the future.
On Wednesday night, The Heartland Institute brought to a close the 9th International Conference on Climate Change at Mandalay Bay in Las Vegas. By universal acclaim from the 600-plus attendees, sponsors and speakers, this one was the best ever.
A cautionary tale about the pitfalls of bureaucratic incompetence played out in Ireland over the last several days. American country music star Garth Brooks was scheduled to play five concerts in the Croke Park arena, one of the largest venues in the country. In all, 400,000 tickets were sold. That is an astonishing number, considering Ireland’s population is just under 4.6 million. Close to one in ten citizens was planning to attend!
If you could not join the hundreds of scientists, policy experts, and interested citizens in Las Vegas this week for The Heartland Institute’s 9th International Conference on Climate change …[...]
As announced yesterday, Aereo, a streaming broadcast TV company, was found to be violating copyrights on programming it was providing, given that the almost live broadcasts it made available represented a public performance of the content and hence was illegal under copyright law. In plain speak, Aereo’s entire business model was to take that which didn’t belong to it and sell it. Try selling access to your neighbor’s guest room on AirBnB, or taking your neighbor’s otherwise unused car to use for your own Uber sideline, and see how things work out.
The recent meeting in Mozambique of the signers of the Ottawa Convention, which bans the use of landmines, has brought the subject of landmines back into the spotlight. To date, 161 countries have signed the treaty, and its aims were included as official United Nations policy in 1999. Long a vocal opponent of landmine proliferation and usage, President Barack Obama opened a review of America’s landmine policy in 2009. He has yet to take a major action, but many Obama-watchers fear he will soon take action to sign the treaty. He would be wrong to do so.
Convenient transportation has become a staple in today’s society, however, convenience is no longer enough. People need to have access to a ride in real time. Every transportation service is coming up[...]
Much attention has been given the increase in transit use in America. In context, the gains have been small, and very concentrated (see: No Fundamental Shift to Transit, Not Even a Shift). Much of the gain has been in the urban cores, which house only 14 percent of metropolitan area population. Virtually all of the urban core gain (99 percent) has been in the six metropolitan areas withtransit legacy cities (New York, Chicago, Philadelphia, San Francisco, Boston, and Washington).
In the past two decades the Internet has come to be a dominant part of people’s lives. For work, pleasure, communication, and countless other uses, the Internet is an indispensable tool to many individuals. Without it, much of the information-based civilization that has been built up would stop working the way we are accustomed to.
Have you ever been shopping for a computer and felt like the salesman used “tech-talk” and a lot of words you didn’t understand just to confuse you so he could “up-sell” you on the “latest” and most expensive features? The Obama Administration and Environmental Protection Agency (EPA) are employing this tactic and other sorts of “used-car-salesman” tricks in an attempt to sell the public on expensive and unpopular regulations that would require existing electricity power plants to reduce their carbon dioxide emissions by 30 percent of 2005 base-levels by the year 2030. It’s a smog-and-mirrors trick, nothing more.
Regulations have a way of growing like weeds: unless they are rooted out, they spread. Regulatory compliance has always been a headache for small business owners who do not enjoy the cozy relationships with big government that large corporations often develop. In fact, they are frequently ignored by legislators both in Washington and in the states. John Lieber, chief economist of Thumbtack, recently joined Heartland’s own Steve Stanek for a talk on the business climate in America today. Thumbtack is an online marketplace that brings together service providers and consumers who can negotiate and organize jobs.