Business & Economics

Business & Economics

Watch Wayne Winegarden on Fox News: Learn how wealth tax defeat could slow CA exodus

Wayne Winegarden, an economist at the Pacific Research Institute, tells Fox News that the defeat of Proposition 40, the wealth tax initiative, may halt further departures tied to wealth taxes, though California could keep losing residents as its competitive edge erodes. Watch the latest video at foxbusiness.com Click here to ...
AI

AI: The Contest for the 21st Century

READ THE PDF AI: The Contest for the 21st Century President Donald Trump has called the threat posed by frontier artificial intelligence models a “hoax.” It’s not, but those who seek to contain rogue AI are themselves peddling hoaxes. Paradoxically, the American president is now implementing the right solution to ...
Blog

Halloween candy is putting the trick in treats this year

Not even the sweetest night of the year is immune to inflation. According to the Federal Reserve Bank, the cost of Halloween candy has outpaced overall inflation in the United States by more than double between 2025 and 2026. The 7.7 percent cost increase for the spookiest night of the ...
Blog

With $178 in General Fund, Hollister Becomes California’s Fiscal Mismanagement Capital

When I was a kid, my grandparents retired not to Miami or Palm Springs as many retirees do – rather, but rather the city of Hollister, about 45 minutes of San José. Known as the unofficial “earthquake capital of the world,” the home of the famous Casa de Fruta fruit ...
Blog

Newsom’s Greatest COVID ‘Hits’

It’s likely he made the concession, though, only because he’s convinced he won’t be held accountable. But even if he’s not the Democrats’ 2028 presidential candidate, he still should be made to answer for his authoritarian decisions. Newsom says his most regrettable COVID policy was keeping schools closed too long. ...
California

You’re Next: How Average Families Could Pay the Price from a CA Wealth Tax

This week, Tim is joined by PRI senior fellow in business and economics Dr. Wayne Winegarden to discuss his latest research on how a California wealth tax would jeopardize venture capital investment in the state and set middle class Californians up for inevitable future tax increases.
Business & Economics

You’re Next: New PRI Study Finds Wealth Taxes May Start with Billionaires, But Average Families Could Pay the Price

SACRAMENTO – A new Pacific Research Institute study released today finds that average Californians could ultimately bear significant economic costs from a wealth tax – through fewer job opportunities, weaker income growth and increased fiscal pressure that could eventually reach their own tax bills. The study, “You’re Next: How a ...
Blog

The Gordon Chang Report: India Now the World’s Swing Vote

READ THE PDF India Now the World’s Swing Vote China is mobilizing multilateral groups and sending them into battle against the United States. There is, however, one fundamental problem for an ambitious Beijing: India, which is now playing a pivotal role in the region and beyond. New Delhi has been ...
California

Making income tax surcharge permanent with Prop. 3 hurts state

Would you move to Florida for $100,000 a year? Because of California’s steeply progressive income tax rates, that’s the question many are asking. For an increasing number of taxpayers, the answer has become yes — which is why Proposition 3 is so consequential. In 2012, voters approved Proposition 30, which ...
Business & Economics

Who really won the Paramount-Warner Bros. spat?

The federal government cleared the deal in June after a “rigorous eight-month investigation” led by the U.S. Justice Department Antitrust Division’s career staff – concluding the merger was unlikely to restrain competition or harm consumers. Overseas regulators representing 68 jurisdictions also approved the merger. But that wasn’t enough for Bonta, who opposed the “unlawful ...
Business & Economics

Watch Wayne Winegarden on Fox News: Learn how wealth tax defeat could slow CA exodus

Wayne Winegarden, an economist at the Pacific Research Institute, tells Fox News that the defeat of Proposition 40, the wealth tax initiative, may halt further departures tied to wealth taxes, though California could keep losing residents as its competitive edge erodes. Watch the latest video at foxbusiness.com Click here to ...
AI

AI: The Contest for the 21st Century

READ THE PDF AI: The Contest for the 21st Century President Donald Trump has called the threat posed by frontier artificial intelligence models a “hoax.” It’s not, but those who seek to contain rogue AI are themselves peddling hoaxes. Paradoxically, the American president is now implementing the right solution to ...
Blog

Halloween candy is putting the trick in treats this year

Not even the sweetest night of the year is immune to inflation. According to the Federal Reserve Bank, the cost of Halloween candy has outpaced overall inflation in the United States by more than double between 2025 and 2026. The 7.7 percent cost increase for the spookiest night of the ...
Blog

With $178 in General Fund, Hollister Becomes California’s Fiscal Mismanagement Capital

When I was a kid, my grandparents retired not to Miami or Palm Springs as many retirees do – rather, but rather the city of Hollister, about 45 minutes of San José. Known as the unofficial “earthquake capital of the world,” the home of the famous Casa de Fruta fruit ...
Blog

Newsom’s Greatest COVID ‘Hits’

It’s likely he made the concession, though, only because he’s convinced he won’t be held accountable. But even if he’s not the Democrats’ 2028 presidential candidate, he still should be made to answer for his authoritarian decisions. Newsom says his most regrettable COVID policy was keeping schools closed too long. ...
California

You’re Next: How Average Families Could Pay the Price from a CA Wealth Tax

This week, Tim is joined by PRI senior fellow in business and economics Dr. Wayne Winegarden to discuss his latest research on how a California wealth tax would jeopardize venture capital investment in the state and set middle class Californians up for inevitable future tax increases.
Business & Economics

You’re Next: New PRI Study Finds Wealth Taxes May Start with Billionaires, But Average Families Could Pay the Price

SACRAMENTO – A new Pacific Research Institute study released today finds that average Californians could ultimately bear significant economic costs from a wealth tax – through fewer job opportunities, weaker income growth and increased fiscal pressure that could eventually reach their own tax bills. The study, “You’re Next: How a ...
Blog

The Gordon Chang Report: India Now the World’s Swing Vote

READ THE PDF India Now the World’s Swing Vote China is mobilizing multilateral groups and sending them into battle against the United States. There is, however, one fundamental problem for an ambitious Beijing: India, which is now playing a pivotal role in the region and beyond. New Delhi has been ...
California

Making income tax surcharge permanent with Prop. 3 hurts state

Would you move to Florida for $100,000 a year? Because of California’s steeply progressive income tax rates, that’s the question many are asking. For an increasing number of taxpayers, the answer has become yes — which is why Proposition 3 is so consequential. In 2012, voters approved Proposition 30, which ...
Business & Economics

Who really won the Paramount-Warner Bros. spat?

The federal government cleared the deal in June after a “rigorous eight-month investigation” led by the U.S. Justice Department Antitrust Division’s career staff – concluding the merger was unlikely to restrain competition or harm consumers. Overseas regulators representing 68 jurisdictions also approved the merger. But that wasn’t enough for Bonta, who opposed the “unlawful ...
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