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John Nothdurft and Donny Kendal present episode #111 of the In The Tank Podcast. This weekly podcast features (as always) interviews, debates, and roundtable discussions that explore the work of think tanks across the country. The show is available for download as part of the Heartland Daily Podcast every Friday. Today’s podcast features work from the Tax Foundation, the Illinois Policy Institute, The Property and Environment Research Center, and the Fraser Institute.
Policybot Featured Work of the Week
This week’s Policybot featured work comes from the Tax Foundation. Their recently released “2018 State Business Tax Climate Index” ranks the states based on five components; corporate tax, individual income tax, sales tax, property tax, and unemployment insurance tax. Donny and John talk about the winners and the losers of this report.
Other Think Tank Works
Next, Donny and John talk about how the despised Cook County soda tax has been defeated. An article from the Illinois Policy Institute titled “Taxpayer Victory: Cook County Soda Tax Repealed,” explains the context of its defeat. In related news, a similar soda tax in Philadelphia has failed to bring in the projected revenues (no surprise here). A study by the Tax Foundation titled “Soda Tax Experiment Failing in Philadelphia Amid Consumer Angst and Revenue Shortfalls” explains why.
Donny and John then talk about an article by The Property and Environment Research Center titled “Can the Government use Tax Foreclosures to Destroy Conservation Easements Without Compensation?” The article discusses the ongoing courts battle attempting to define how conservation easements are affected by tax foreclosures.
Last, they talk about a Policy Study recently released by the Fraser Institute titled “Rising Electricity Costs and Declining Employment in Ontario’s Manufacturing Sector.” This study shows how Ontario’s Green Energy and Green Economy Act has led to a dramatic increase in electricity prices in the Canadian province. The hike in these costs has caused a major decline in the providence’s manufacturing sector.