California

California

Would Sacramento raise taxes when economic growth is needed the most?

The pandemic lockdown not only was a lethal financial contagion for many Californians, it deprived the state government of so much revenue that Sacramento now has a $54 billion budget deficit. How will lawmakers bridge the gap? By coincidence, they were already thinking about nearly $66 billion in new taxes ...
Blog

Latest Rankings Further Proof California Must Remove Barriers to Opportunity

Recently, I attended a webinar hosted by the Legatum Institute, a UK-based think tank, where they discussed the results of their latest “Prosperity Index”. According to the Index’s executive summary, Legatum hopes that “nations around the world (will) assess their strengths and weaknesses (in the rankings) to determine the economic ...
Business & Economics

Damon Dunn – Punting Poverty

This podcast is a special rebroadcast of a recent webinar featuring Damon Dunn, PRI fellow in business and economics, discussing his new book Punting Poverty:  Breaking the Chains of Welfare.  The former collegiate and pro football player turned entrepreneur pushes back against the universal basic income movement, calling it “fool’s ...
Blog

California’s Plastic Bag Ban Returns After Two-Month Vacation

California’s coronavirus pandemic lockdown isn’t over. There was even a partial reversal of the state’s reopening on the first day of July when Gov. Gavin Newsom hit the “dimmer switch.” But not much can come between California and its plastic bag ban. After a two-month vacation, it’s back. In late ...
Commentary

Dems Want to Use Medicaid to Incinerate Yet More Taxpayer Money

Congressional Democrats are looking to put billions more federal dollars into Medicaid as part of their plan to fight COVID-19. The HEROES Act, which narrowly passed the House in May, would temporarily increase the share of the program’s spending covered by the federal government, to the tune of $45 billion ...
Commentary

Expand Medicaid? Democrats’ plan would increase waste, fraud and debt

If Democrats can’t get “Medicare-for-all,” it seems they’ll settle for “Medicaid-for-most.” Last month, the House of Representatives passed a bill that would supposedly “stabilize” ObamaCare by lavishing billions of dollars on Medicaid. To pay for that effort, the bill’s proponents envision cutting Medicare by nearly $450 billion over 10 years. Democrats are also lobbying states to expand the program to able-bodied, ...
Business & Economics

Guaranteed income from the government isn’t the answer to closing the wealth gap

These are incredibly tough times for Texas and all Americans. On top of the economic pain from months of shelter-in-place orders, the violence and unrest we’ve seen arising from the death of George Floyd has brought economic inequality to the top of the political discussion. Many progressives are preaching about ...
Business & Economics

PRI’s Tim Anaya Featured in Center Square Story on CA’s Volatile Tax System

Policy experts: California needs to reform its tax system By Krystina Skurk California’s reliance on a notoriously fickle tax system has exacerbated the state’s budget problems in light of Covid-19, an economics professor said. The state of California relies heavily on income tax and capital gains tax for much of ...
Business & Economics

PRI’s Wayne Winegarden Quoted in Free Beacon story on Bogus Gig Economy Survey

Labor Groups, San Francisco Push Bogus Taxpayer-Funded Survey to Support Anti-Gig Law By Collin Anderson A liberal advocacy group’s own researchers raised red flags about a taxpayer-funded study used to justify a union campaign against the California gig economy . . . The survey reported that 71 percent of gig ...
Business & Economics

Basic Income Guarantees Would ‘Warehouse’ Poor, Not Propel Them

As Americans struggle to recover from a deep recession fueled by the COVID-19 crisis, and respond in horror to the violence in many communities following the death of George Floyd, economic inequality and lack of opportunity have risen to the top of the political discussion. Liberal voices like House Speaker ...
California

Would Sacramento raise taxes when economic growth is needed the most?

The pandemic lockdown not only was a lethal financial contagion for many Californians, it deprived the state government of so much revenue that Sacramento now has a $54 billion budget deficit. How will lawmakers bridge the gap? By coincidence, they were already thinking about nearly $66 billion in new taxes ...
Blog

Latest Rankings Further Proof California Must Remove Barriers to Opportunity

Recently, I attended a webinar hosted by the Legatum Institute, a UK-based think tank, where they discussed the results of their latest “Prosperity Index”. According to the Index’s executive summary, Legatum hopes that “nations around the world (will) assess their strengths and weaknesses (in the rankings) to determine the economic ...
Business & Economics

Damon Dunn – Punting Poverty

This podcast is a special rebroadcast of a recent webinar featuring Damon Dunn, PRI fellow in business and economics, discussing his new book Punting Poverty:  Breaking the Chains of Welfare.  The former collegiate and pro football player turned entrepreneur pushes back against the universal basic income movement, calling it “fool’s ...
Blog

California’s Plastic Bag Ban Returns After Two-Month Vacation

California’s coronavirus pandemic lockdown isn’t over. There was even a partial reversal of the state’s reopening on the first day of July when Gov. Gavin Newsom hit the “dimmer switch.” But not much can come between California and its plastic bag ban. After a two-month vacation, it’s back. In late ...
Commentary

Dems Want to Use Medicaid to Incinerate Yet More Taxpayer Money

Congressional Democrats are looking to put billions more federal dollars into Medicaid as part of their plan to fight COVID-19. The HEROES Act, which narrowly passed the House in May, would temporarily increase the share of the program’s spending covered by the federal government, to the tune of $45 billion ...
Commentary

Expand Medicaid? Democrats’ plan would increase waste, fraud and debt

If Democrats can’t get “Medicare-for-all,” it seems they’ll settle for “Medicaid-for-most.” Last month, the House of Representatives passed a bill that would supposedly “stabilize” ObamaCare by lavishing billions of dollars on Medicaid. To pay for that effort, the bill’s proponents envision cutting Medicare by nearly $450 billion over 10 years. Democrats are also lobbying states to expand the program to able-bodied, ...
Business & Economics

Guaranteed income from the government isn’t the answer to closing the wealth gap

These are incredibly tough times for Texas and all Americans. On top of the economic pain from months of shelter-in-place orders, the violence and unrest we’ve seen arising from the death of George Floyd has brought economic inequality to the top of the political discussion. Many progressives are preaching about ...
Business & Economics

PRI’s Tim Anaya Featured in Center Square Story on CA’s Volatile Tax System

Policy experts: California needs to reform its tax system By Krystina Skurk California’s reliance on a notoriously fickle tax system has exacerbated the state’s budget problems in light of Covid-19, an economics professor said. The state of California relies heavily on income tax and capital gains tax for much of ...
Business & Economics

PRI’s Wayne Winegarden Quoted in Free Beacon story on Bogus Gig Economy Survey

Labor Groups, San Francisco Push Bogus Taxpayer-Funded Survey to Support Anti-Gig Law By Collin Anderson A liberal advocacy group’s own researchers raised red flags about a taxpayer-funded study used to justify a union campaign against the California gig economy . . . The survey reported that 71 percent of gig ...
Business & Economics

Basic Income Guarantees Would ‘Warehouse’ Poor, Not Propel Them

As Americans struggle to recover from a deep recession fueled by the COVID-19 crisis, and respond in horror to the violence in many communities following the death of George Floyd, economic inequality and lack of opportunity have risen to the top of the political discussion. Liberal voices like House Speaker ...
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