Ronald Reagan once described the government’s view of the economy like this: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” From his last point, even the Gipper couldn’t imagine that government would tax something that...
As of this writing, we don’t know who has won the 2020 presidential election. Whoever wins, America’s next chief executive has many important policy decisions to make in the coming weeks. Here’s a preview of some of the big issues that the president will have...
Free marketers often assume that between the two political parties, Republicans are better for the stock market. It makes sense. Republicans believe that economic growth can be achieved by reducing regulation and costs for businesses and relying on competition to encourage innovation. In contrast, Democrats...
During the first presidential debate in September, both candidates answered where they think the economy is headed. Trump believes in a V-shaped recovery, basically a quick rebound, while Biden prefers a K-shaped recovery, with the rich recovering while the rest of the country moves slower. Biden’s...
Last week, I wrote about a proposition on the California ballot that would give 17-year-olds the right to vote in some California elections. California’s push for the youth vote got me thinking about how recent college graduates and others entering the workforce are dealing with...
Pick nearly any state in the union and likely it has a large swath of rural area and population. Even California, which is rarely thought of as a “rural state,” is still physically more than half rural, with about four million residents living in those...
Most of the California business community is at the mercy of California’s progressive state legislature. It is easy to forget, especially with Silicon Valley pumping out inflated IPOs, that small businesses are the backbone of the economy. The U.S. Small Business Administration counts four million...
Last month, the Trump Administration announced a “historic deal” to normalize relations between the United Arab Emirates and Israel. Did the Trump administration solve Middle East conflict? No. While the merits of the deal will be debated in think tanks and foreign policy circles with overplayed...
Right by the Bay has been following Sacramento’s tax raising schemes here, here, and here. But the state’s tax marauding politicians aren’t the only ones we should be worried about. Presidential candidate Joe Biden also wants Washington’s share of our wallet. Below are three proposed...
There are no state taxes on wealth in the U.S., but California is a good bet to be the first. The idea carries some political popularity, and its promises sound sweet, but what would be the reality if the legislation, Assembly Bill 2088, becomes law?...