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Business & Economics PRESS ROOM |
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Even 'SNL' is on to government unions
Submitted by Steven Greenhut on 4.30.2010
As government employee unions were negotiating their lucrative retirement deals during the rising economic tide of the past decade, they promised cities and counties that the deals would pay for themselves, citing fanciful rates of return on investment income. Now that the economic tide is no longer rising, and investment returns are being reconfigured to match the real world, those boats are crashing on the shore.
Putting the Security Back in Social Security
Submitted on 4.27.2010
Social Security needs fixing, most analysts agree, but supposedly we had a few more years to work out the details. Now the crisis is upon us. This year, Social Security will pay out more in benefits than it collects in employer and employee contributions, but the problems don't stop there.
The Most Tax-Burdened States
Submitted by Jason Clemens on 4.26.2010
As the pain of April 15 fades, most Americans are bluntly aware that taxes matter. Too many politicians and bureaucrats, unfortunately, ignore this. They have forgotten that taxes change the incentives for people to work hard, save, invest and be entrepreneurial, the bedrock of a prosperous society. As the nation struggles with a sluggish recovery and deficits, it's worth noting the tax differences across the states.
No sunny outlook for Florida’s insurance market
Submitted by Benjamin Zycher, Ph.D on 4.25.2010
The sun doesn't always shine in the Sunshine State. But for many career public officials, maybe the sun will come out tomorrow, and every day until the next election; and after that, the weather will be someone else's problem. That mindset explains the willingness of Gov. Charlie Crist to veto legislation to undo the wreckage wrought by years of price controls on property insurance and by his 2007 "reforms."
Get in line, and take a number
Submitted by Steven Greenhut on 4.23.2010
SACRAMENTO – I've experienced several months where, for one reason or another, I've been stuck wrestling with various bureaucracies, of the governmental and corporate variety. It's a frustrating, time-consuming and, ultimately, dehumanizing process.
New study cites California's high taxes and spending
Submitted on 4.20.2010
California has one of the nation's highest levels of government spending and taxes, and it adversely affects the state's economic competitiveness.
The Left's pension dilemma
Submitted by Steven Greenhut on 4.16.2010
You know the pension tsunami is getting close to shore when the mainstream media are filled with hard-hitting stories about the coming crisis, such as the front-page article April 11 in the Sacramento Bee and Fresno Bee, documenting the manner in which huge pension costs for retired public employees "threaten California cities [and] counties."
California Ranks Last in Combination Measure of Tax Burden and Tax Structure
Submitted on 4.15.2010
California ranked dead last in a combined measure of the state's tax burden and tax structure according to the newly released study, Taxifornia.
Grading California's Tax System
Submitted by Jason Clemens, K. Lloyd Billingsley on 4.15.2010
Every April California workers square up with the federal and state governments. This April deadline is a good time to grade the Golden State on its tax policy, which not only takes a lot of money from workers but manages to do so in a relatively counterproductive way.
Lobbying needs cleansing effect of transparency
Submitted by Jason Clemens on 4.11.2010
Recent scandals, runaway spending and ongoing fiscal crises have all heightened the public's interest in lobbying. Most of the new interest, however, is focused on Washington, D.C. Not much has trickled down to the states that need it, such as Alabama.
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Total Records: 15
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