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 California Wealth Tax Could Reduce Investment, Jobs and Income – and Increase Pressure for Broader Tax Hikes,” estimates that a California wealth tax as envisioned ...
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 frustrating Beijing’s efforts to use two groupings, the Shanghai Cooperation Organization and the BRICS, to further its main diplomatic goals. New Delhi does not always ...
Why Are Grocery Prices Still Rising? New Study Says Washington Is Targeting the Wrong Problem
SACRAMENTO – With grocery prices continuing to climb and Americans searching for answers, a new study released today by the Pacific Research Institute concludes that Washington is focusing on the wrong solution. While the Federal Trade Commission has launched an investigation into fertilizer manufacturers, the new study by PRI senior fellow in business and economics Dr. Wayne Winegarden finds that today’s food inflation is being driven by global supply disruptions and government policies like tariffs ...
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California’s Regulatory Blob
On the surface, it might appear to be minor. Nothing too big. But from seemingly insignificant rules come sweeping, burdensome regulatory frameworks. The plan is to only ...
A public bank in California would be costly, risky and unnecessary
But lawmakers were pushing forward anyway. AB 2243 would have established a taxpayer-funded commission to study the feasibility of a public bank and how it ...
Big Tech Lost in Monterey Park. California’s First Data Center Ban Is a Warning
I grew up in Monterey Park, attending both middle school and high school there. The Monterey Park I know is a small, family-centered community where ...
California’s ‘Scarcity Mindset’
The late, great comedian Sam Kinison once said that instead of sending food to starving nations, we should send U-Hauls because, he would scream, “there ...
Higher pay, fewer trips: What Seattle’s gig law got wrong
According to researchers at Carnegie Mellon University analyzing Seattle’s law in a National Bureau of Economic Research study, the average base pay per delivery jumped from ...
California Should Get Out of the Way of the Charter-Cox Merger
Of course, the CPUC regulates public utilities in California. The Commission gains a say in many mergers because of its broad oversight to evaluate potential ...
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