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Business & Economics PRESS ROOM |
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The annual budget paradox: taxes hit Dems, cuts hit Reeps
Submitted by Malcolm Maclachlan on 7.31.2008
One knock against politicians is that they're always trying to bring pork back to their districts. But when it comes to California's annual Kabuki budget dance, a new pattern emerges: Republicans try to cut spending-often even money likely to flow to their own districts-while Democrats try to pass taxes that would take a particular bite out of some of their own constituents.
The Best States For Business
Submitted by Kurt Badenhausen on 7.31.2008
Twelve years ago, the world watched as Muhammad Ali lit the Olympic torch during the opening ceremonies of the Summer Olympics in Atlanta. It was a transformative moment for the city and the state. "The Olympics put Georgia on the map internationally," says Kenneth Stewart, commissioner of the Georgia Department of Economic Development.
California’s Spending Binge Breaks Budget
Submitted by Robert P. Murphy on 7.30.2008
California’s budget deficit has ballooned to more than $15 billion. Recently Democratic lawmakers proposed to close the gap by – you guessed it – hiking taxes on the wealthy. Yet a quick review of the facts suggests that spending cuts are a much more sensible solution.
Increasing Liability Risks Threaten Growth and Trouble Boards
Submitted by Fayazuddin A Shirazi on 7.29.2008
A study conducted by Lloyds, a London based insurance market, reveals that board members are increasingly concerned about the increasing number of corporate litigation cases facing the boards and the escalating cost in mitigating such risks.
Congress aims to rob consumers and reward major retailers
Submitted by Daniel R. Ballon, Ph.D, Lawrence J. McQuillan, Ph.D on 7.26.2008
A recent survey found Americans rank skyrocketing gas prices as their most serious economic concern.
Phoenix: Not so free, not so unfree
Submitted by J.D. Tuccille on 7.24.2008
Phoenix isn't a terrible place when it comes to personal freedom. It's not so great either, despite Arizona's overstated Wild-West reputation.
Soaking the rich won't solve boom-and-bust cycles
Submitted on 7.23.2008
California's Democratic legislators just proposed to slap $8.2 billion in tax hikes on "the rich." This might raise some quick cash, but it's a recipe for recession and more of the revenue roller coaster that will only make the next budget crisis worse.
Finding a Fix for New Jersey's Climate Woes
Submitted on 7.22.2008
PRI's Director of Business and Economic Studies, Lawrence J. McQuillan, Ph.D., talks about the U.S. Index of Tort Liability and New Jersey's poor ranking at this event sponsored by the New Jersey Lawsuit Reform Alliance.
Solidify California as the Nation's Medicine Chest
Submitted by Paul Tyahla on 7.22.2008
The Star-Ledger is reporting that Hoffmann-La Roche, which employs 3,240 workers in New Jersey, is moving its corporate headquarters to California.
Illinois needs lawsuit reform
Submitted by Travis Akin on 7.18.2008
The evidence is overwhelming. There simply is no denying Illinois' reputation as the “Lawsuit Capital of the Midwest.”
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Total Records: 22
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