TweetMonday, March 21, Nebraska’s Senate Revenue Committee defeated a bill that would have increased cigarette tax from 64 cents to $2.14 per pack. The bill also included language to increase[…]
John Nothdurft and Donny Kendal bring you episode #30 of the In The Tank Podcast. This weekly podcast features (as always) interviews, debates, roundtable discussions, stories, and light-hearted segments on a variety of topics on the latest news. The show is available for download as part of the Heartland Daily Podcast every Friday. Today’s podcast features work from the Cascade Policy Institute, the Commonwealth Foundation, and Yankee Institute, and the Tax Foundation.
There has always been a struggle to keep our freedom and, it is the responsibility of each generation to do what is necessary to retain this most valuable asset. Today our battle for that basic right is happening at the most unlikely of places: college campuses. Few parents, even the ones who pay massive college tuition bills, may not know their children are being challenged by an unprecedented dose of liberal indoctrination by teachers, professors, school administrators, and outside political activists who use intimidating tactics to persuade students to their viewpoint.
Many energy-producing states are currently struggling in the wake of falling oil and natural gas prices. Thousands of people are losing their livelihoods in the energy sector, and lower severance tax payments are projected to produce numerous state budget shortfalls, which could end up reducing state spending on social programs.
In this episode of the Budget & Tax News podcast, managing editor and research fellow Jesse Hathaway talks with The Heritage Foundation’s Center for Data Analysis director and former U.S. ambassador Terry Miller, about a recent survey of economic freedom indicators all over the world.
Supporters of education reform who advocate for government-funded choice mechanisms, such as vouchers, tend to argue the problems in K–12 schools in the United States are primarily economic matters, not pedagogical. This view is validated by much data, but the concept ought to be extended further to say the economic marketplace in which K–12 education operates needs more than vouchers to become as efficient as it needs to be to deliver a quality education to each and every child.
Democratic presidential candidate Bernie Sanders has often talked about his desire for the United States to emulate the socialist welfare states of Denmark, Norway, and Sweden by providing free college and health care and expanding Social Security. Sanders also wants to ban oil, natural gas, and coal production on lands owned by the federal government, and he has called for a ban on hydraulic fracturing, which has dramatically increased production of oil and natural gas in the United States.
Due to this weekend’s torrential winter downpour, we are currently in the midst of a federal government shutdown. Uh oh. We’ve been told so often by so many that a government shutdown will shake the Earth from its orbital path and send us careening into the Sun. So far, thankfully, that has not occurred.
In today’s episode of The Heartland Daily Podcast, managing editor Jesse Hathaway talks with University of Arkansas-Little Rock economics professor Erick Elder about a new study, published by the Mercatus Center at George Mason University, about how well state lawmakers are preparing for the next economic recession.
In just eight years, Bitcoin and the idea of “virtual currency” have gained acceptance and use both online and in the physical world. Spread by word of mouth and other “viral” means, decentralized virtual currencies have gone from a mere thought experiment to a tangible economic reality.
Like it or not, lawmakers’ decisions have a large effect on our everyday lives. From increasing the cost of a car people need to take their children to soccer practice or go to work, to restricting job opportunities using occupational licensing rules (which reduce the supply of providers and raises prices), lawmakers’ actions have a serious and quantifiable effect on how much Americans pay for the things they need and want.
If you own a business—maybe a taco stand, a dress shop, or an insurance agency—you know it takes a lot of hard work, good market analysis, a better product or service than your competition, and advertising. Add in a bit of luck, and you hope to grow your business—though vacant storefronts and boarded up buildings in towns and cities across America show that isn’t always enough. Each going-out-of-business sale represents the death of someone’s dream.
In today’s edition of the Heartland Daily podcast, managing editor Jesse Hathaway and Heritage Foundation macroeconomics research fellow Salim Furth talk about the latest news from Puerto Rico’s slow-motion fiscal train wreck.
At this annual time of good cheer it might seem Grinch-like to challenge the spirit of Santa Claus, but the reality is that there is no jolly, bearded, rotund man in a red suit who brings us goodies for free. And the Congressional Budget Office has recently reminded us of this in reference to Social Security.
Personal choice and freedom of association are two fundamental and essential principles of any truly free society, and this includes a free market workplace. Unfortunately, the Obama Administration is spending taxpayer dollars to undermine those principles in other countries around the world.
In this edition of The Heartland Daily Podcast, managing editor Jesse Hathaway is joined by Tax Foundation policy analyst Jared Walczak. Walczak joins Hathaway to discuss the results of the 12th annual State Business Tax Climate Index report – A state-by-state, apples-to-apples comparison of states’ tax systems, the Climate Index helps Index helps lawmakers and taxpayers gauge how their states’ tax systems stack up against those in other states. Instead of just showing how much taxes each states collect from taxpayers, the Climate Index shows how well states’ tax collection systems are designed.
Uncle Sam has added nearly an additional half a trillion dollars to the national debt over the past twelve months. According to the Congressional Budget Office (CBO), the Federal government ended its fiscal year on September 30, 2015 with a budget deficit of a “mere” $435 billion. Total Federal expenditures for the fiscal year were nearly $3.7 trillion, while Federal tax receipts came to around $3.3 trillion.
In Maine, state lawmakers expanded existing bans on tobacco use in private and public spaces to include e-cigarettes. Many cities and states are likewise considering banning e-cigarette use in public and private spaces, and state governments in Delaware and New York have already banned using e-cigarettes in restaurants and other privately owned spaces.