Taxes

Commentary

California’s Green Agenda, Not Price Gouging, Is Driving Up Gas Prices

On June 23, California had the country’s highest gasoline prices, $6.36 a gallon, according to AAA. So legislators are opening an investigation to find the villains responsible. Here’s a hint that will help them in their search: There’s no need to look far for the scoundrels because they are inside the …

Blog

Despite Sunday Late Night Tax Rebate Deal, Gas Tax Still Going Up

Gov. Gavin Newsom and the Legislature’s Democratic leaders announced Sunday that they had finally reached agreement on a tax rebate plan.  How to give Californians relief from high gas prices and rising inflation had been a key sticking point holding up the budget’s enactment. The unusual release of the plan …

Blog

Fighting Inflation – Is the Fed “Bluffing?”

“The way to crush the bourgeoisie,” said Lenin, “is to grind them between the millstones of taxation and inflation.”  So, it would have put a crocodile smile on Lenin’s face to learn that May’s inflation data showed that Americans’ wallets were worn down even further.  The year-over-year inflation rate came …

Blog

No Investigation Needed – Government Energy Policy Fuels Record-High Gas Prices

Angry drivers paying record gas prices this year – surpassing $7 per gallon in parts of California – are demanding action from elected officials to lower gas prices. Surprisingly, Sacramento Democrats have hung onto this scorching hot political potato for months.  Democrat legislative leaders have rejected pleas from Republicans and …

Gas tax

Wayne Winegarden Warns of the Consequences of Gas Tax Holidays and Gas Rebates in Newsweek

Wayne Winegarden, PRI fellow for Business & Economics, warns of the consequences of gas tax holidays and gas rebates in Newsweek: Wayne Winegarden, a senior fellow at the Pacific Research Institute, echoed that if the Federal Reserve does not accommodate additional spending of gas rebate cards, the measure would “put …

Blog

Lawmakers Pass a Budget Bill, But No Deal Yet on Gas Price Relief

On Monday, Senate and Assembly Democrats passed their version of the 2022-23 state budget. While patting themselves on the back for adopting “a budget that puts California’s wealth to work for individuals, families, and businesses throughout our state,” there was one thing missing from their announcement – the support of …

Blog

When Right Thinking Californians Learn About Tennessee’s Policy Agenda, They Might Be Ready to Call a Realtor

I recently traveled to Nashville to attend the annual Heritage Foundation Resource Bank conference, and annual gathering of conservative policy leaders from around the country. While at the conference, I had the opportunity to hear great speakers including Tennessee Gov. Bill Lee and Virginia Attorney General Jason Miyares and attend …

Blog

State Budget Update – Nonpartisan Analyst Says May Revise Puts State on Path to Serious Budget Problems

Now that the calendar page has turned to June, it’s crunch time for lawmakers and the Governor to reach a budget agreement before the June 15 constitutional deadline to pass a balanced budget. However, a new multi-year analysis of the state budget’s picture released last week suggests that enacting the …

Blog

The May Revise: Two Big Questions Overshadow Newsom Spending Plan

On Friday, Gov. Gavin Newsom released the “May Revise” of his 2022-23 state budget plan, officially kicking off the race to pass a balanced budget before the June 15th constitutional deadline.  There were two major questions for Newsom as he released his revised budget plan. First, when are we going …

Blog

State Budget Update: Senate Democrats Want to Spend More as Analyst Warns About Higher Spending

While Democrats fought amongst themselves over gas tax relief last week, attention is now shifting to next week’s release of Gov. Newsom’s “May Revise” updated budget plan. In advance, Senate Democrats put down their marker, unveiling their gas tax relief plan called the “Better for Families Rebate” as part of …

Commentary

California’s Green Agenda, Not Price Gouging, Is Driving Up Gas Prices

On June 23, California had the country’s highest gasoline prices, $6.36 a gallon, according to AAA. So legislators are opening an investigation to find the villains responsible. Here’s a hint that will help them in their search: There’s no need to look far for the scoundrels because they are inside the …

Blog

Despite Sunday Late Night Tax Rebate Deal, Gas Tax Still Going Up

Gov. Gavin Newsom and the Legislature’s Democratic leaders announced Sunday that they had finally reached agreement on a tax rebate plan.  How to give Californians relief from high gas prices and rising inflation had been a key sticking point holding up the budget’s enactment. The unusual release of the plan …

Blog

Fighting Inflation – Is the Fed “Bluffing?”

“The way to crush the bourgeoisie,” said Lenin, “is to grind them between the millstones of taxation and inflation.”  So, it would have put a crocodile smile on Lenin’s face to learn that May’s inflation data showed that Americans’ wallets were worn down even further.  The year-over-year inflation rate came …

Blog

No Investigation Needed – Government Energy Policy Fuels Record-High Gas Prices

Angry drivers paying record gas prices this year – surpassing $7 per gallon in parts of California – are demanding action from elected officials to lower gas prices. Surprisingly, Sacramento Democrats have hung onto this scorching hot political potato for months.  Democrat legislative leaders have rejected pleas from Republicans and …

Gas tax

Wayne Winegarden Warns of the Consequences of Gas Tax Holidays and Gas Rebates in Newsweek

Wayne Winegarden, PRI fellow for Business & Economics, warns of the consequences of gas tax holidays and gas rebates in Newsweek: Wayne Winegarden, a senior fellow at the Pacific Research Institute, echoed that if the Federal Reserve does not accommodate additional spending of gas rebate cards, the measure would “put …

Blog

Lawmakers Pass a Budget Bill, But No Deal Yet on Gas Price Relief

On Monday, Senate and Assembly Democrats passed their version of the 2022-23 state budget. While patting themselves on the back for adopting “a budget that puts California’s wealth to work for individuals, families, and businesses throughout our state,” there was one thing missing from their announcement – the support of …

Blog

When Right Thinking Californians Learn About Tennessee’s Policy Agenda, They Might Be Ready to Call a Realtor

I recently traveled to Nashville to attend the annual Heritage Foundation Resource Bank conference, and annual gathering of conservative policy leaders from around the country. While at the conference, I had the opportunity to hear great speakers including Tennessee Gov. Bill Lee and Virginia Attorney General Jason Miyares and attend …

Blog

State Budget Update – Nonpartisan Analyst Says May Revise Puts State on Path to Serious Budget Problems

Now that the calendar page has turned to June, it’s crunch time for lawmakers and the Governor to reach a budget agreement before the June 15 constitutional deadline to pass a balanced budget. However, a new multi-year analysis of the state budget’s picture released last week suggests that enacting the …

Blog

The May Revise: Two Big Questions Overshadow Newsom Spending Plan

On Friday, Gov. Gavin Newsom released the “May Revise” of his 2022-23 state budget plan, officially kicking off the race to pass a balanced budget before the June 15th constitutional deadline.  There were two major questions for Newsom as he released his revised budget plan. First, when are we going …

Blog

State Budget Update: Senate Democrats Want to Spend More as Analyst Warns About Higher Spending

While Democrats fought amongst themselves over gas tax relief last week, attention is now shifting to next week’s release of Gov. Newsom’s “May Revise” updated budget plan. In advance, Senate Democrats put down their marker, unveiling their gas tax relief plan called the “Better for Families Rebate” as part of …

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