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Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation

Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation Wayne Winegarden     May 2024 SB-1497, the Polluters Pay Climate Cost Recovery Act of 2024, purports to “require fossil fuel polluters to pay their fair share of the damage caused by the sale of their products…to relieve a portion of the burden from climate harms that is borne by California taxpayers.” The premise of this Act is theoretically flawed. If implemented, it will ...
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Expanding Unemployment Insurance Benefits – All Pain for No Gain

Expanding Unemployment Insurance Benefits – All Pain for No Gain Wayne Winegarden April 2024 SB 1434 would dramatically expand unemployment insurance benefits to current eligible workers. If implemented, it would expand benefits by over 55 percent, raise the number of workers who qualify for maximum benefits, increase the benefits for workers who hold two jobs but lost one, and create a new “Excluded Workers Fund.” The specific tax increases necessary to fund the expansions are ...
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Reparations: A Financially Unrealistic Proposal That Will Bankrupt California

Reparations: A Financially Unrealistic Proposal That Will Bankrupt California Wayne Winegarden February 2024 With the introduction of its first set of reparations bills, the California legislature is officially considering the recommendations of the California Reparations Report from the state Reparations Task Force.1 Given these introductions, it is imperative to understand the financial implications. Some basic arithmetic demonstrates that the idea of reparations is fiscally unrealistic. According to the U.S. Census,2 there are 2.5 million “black ...
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Watch Videos from PRI’s 2024 California Ideas in Action Conference

Watch Videos from PRI’s 2024 California Ideas in Action Conference The theme of the 2024 PRI California Ideas in Action Conference is the “5 Issues for 2024”. Recent surveys show the economy, homelessness and housing, crime, energy regulation, and debt are top issues for voters in advance of the 2024 elections. PRI scholars, elected officials, media voices, and real life change makers will show how market-based ideas offer actionable solutions to these key problems for ...

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