Search Results for: wealth tax – Page 4

Blog

Next Tax Increases on the Docket: Two Proposed Tax Hikes on the Rich

When the 2020-21 state budget was enacted a few months back, I made the case that the majority party’s spending plan essentially sets the stage for an upcoming battle over tax increases. Back in 2011, former Gov. Jerry Brown pushed a budget plan that was heavily reliant on “trigger cuts,” ...
Business & Economics

Wayne Winegarden Featured in Business Insider Article on Taxing Billionaires, COVID-19

Taxing billionaires would be a great way to fund the fight against coronavirus like AOC says — but only if the US government were drastically different By: Taylor Nicole Rogers, Business Insider The United States needs to find a way to cover the spiraling costs of coronavirus pandemic, but researchers ...
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 ...
Economy

Watch Sally Pipes Speak on Sen. Warren’s Billionaires’ Tax on Fox Business

Sen. Warren’s plan to spike billionaires’ taxes would be detrimental to economy: Expert Pacific Research Institute CEO and president Sally Pipes discusses the constant attacks Sen. Elizabeth Warren makes on billionaires and how her health care plan and wealth tax could harm the middle class and economy. Watch the latest ...
Business & Economics

NEW STUDY: State and Local Tax Deduction “Makes it Rain” in California, Paid for by Taxpayers in Low Tax States

A new study released today by the nonpartisan Pacific Research Institute, a California-based free market think tank, found that capping the State and Local Tax deduction brought broad-based tax relief to millions of Americans, while putting an end to taxpayers in low-tax states like Indiana subsidizing higher taxes and spending ...
Blog

Building Wealth 101 – It All Starts with Home Ownership

Home ownership provides basic financial literacy, drives wealth creation, and increases free cash flow for individuals and families.  However, it can be difficult to differentiate between having surplus cash and wealth.   Having surplus cash is having the ability to spend lots of money now; being wealthy is accumulating assets that allow to ...
Blog

Yet Another Bad Policy Idea for California: San Francisco Proposes An ‘IPO’ Tax

Anyone thinking that California can’t become more anti-business or add another punitive tax hasn’t seen the recent news out of San Francisco. Political leaders there are campaigning for an increase in the city’s “IPO tax,” which is both unnecessary and counterproductive. The proposal, sponsored by Supervisor Gordon Mar, would hike ...
Electric Vehicles

“Costly Subsidies for the Rich” Cited in Moneywatch Story on EV Tax Credits

Can Trump yank GM’s electric vehicle tax credit? By Rachel Layne On Tuesday, President Donald Trump vented his anger at General Motors after the company announced several plant closings and more than 14,000 layoffs. The president threatened to eliminate tax credits for GM’s electric vehicles along with other tax breaks and subsidies. ...
Blog

Tax Reform Making a Difference in Increasing Opportunity for All Americans

In the early 21st century, American fiscal policy must balance and prioritize two fundamental goals. First, we need to create the best possible environment for investment and innovation, setting the stage for another century of unparalleled prosperity. Second, we need to ensure that the largest possible number of Americans, from ...
Commentary

Are Electric Car Subsidies Just Giveaways To The Wealthy?

Gov. Jerry Brown and some California lawmakers are pushing Golden State drivers to the fast lane of an all-electric car future. For example, San Francisco Democrat Phil Ting has introduced legislation to outlaw the sale of traditional gas-powered cars by the year 2040. My colleague Kerry Jackson has called this idea “a ...
Blog

Next Tax Increases on the Docket: Two Proposed Tax Hikes on the Rich

When the 2020-21 state budget was enacted a few months back, I made the case that the majority party’s spending plan essentially sets the stage for an upcoming battle over tax increases. Back in 2011, former Gov. Jerry Brown pushed a budget plan that was heavily reliant on “trigger cuts,” ...
Business & Economics

Wayne Winegarden Featured in Business Insider Article on Taxing Billionaires, COVID-19

Taxing billionaires would be a great way to fund the fight against coronavirus like AOC says — but only if the US government were drastically different By: Taylor Nicole Rogers, Business Insider The United States needs to find a way to cover the spiraling costs of coronavirus pandemic, but researchers ...
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 ...
Economy

Watch Sally Pipes Speak on Sen. Warren’s Billionaires’ Tax on Fox Business

Sen. Warren’s plan to spike billionaires’ taxes would be detrimental to economy: Expert Pacific Research Institute CEO and president Sally Pipes discusses the constant attacks Sen. Elizabeth Warren makes on billionaires and how her health care plan and wealth tax could harm the middle class and economy. Watch the latest ...
Business & Economics

NEW STUDY: State and Local Tax Deduction “Makes it Rain” in California, Paid for by Taxpayers in Low Tax States

A new study released today by the nonpartisan Pacific Research Institute, a California-based free market think tank, found that capping the State and Local Tax deduction brought broad-based tax relief to millions of Americans, while putting an end to taxpayers in low-tax states like Indiana subsidizing higher taxes and spending ...
Blog

Building Wealth 101 – It All Starts with Home Ownership

Home ownership provides basic financial literacy, drives wealth creation, and increases free cash flow for individuals and families.  However, it can be difficult to differentiate between having surplus cash and wealth.   Having surplus cash is having the ability to spend lots of money now; being wealthy is accumulating assets that allow to ...
Blog

Yet Another Bad Policy Idea for California: San Francisco Proposes An ‘IPO’ Tax

Anyone thinking that California can’t become more anti-business or add another punitive tax hasn’t seen the recent news out of San Francisco. Political leaders there are campaigning for an increase in the city’s “IPO tax,” which is both unnecessary and counterproductive. The proposal, sponsored by Supervisor Gordon Mar, would hike ...
Electric Vehicles

“Costly Subsidies for the Rich” Cited in Moneywatch Story on EV Tax Credits

Can Trump yank GM’s electric vehicle tax credit? By Rachel Layne On Tuesday, President Donald Trump vented his anger at General Motors after the company announced several plant closings and more than 14,000 layoffs. The president threatened to eliminate tax credits for GM’s electric vehicles along with other tax breaks and subsidies. ...
Blog

Tax Reform Making a Difference in Increasing Opportunity for All Americans

In the early 21st century, American fiscal policy must balance and prioritize two fundamental goals. First, we need to create the best possible environment for investment and innovation, setting the stage for another century of unparalleled prosperity. Second, we need to ensure that the largest possible number of Americans, from ...
Commentary

Are Electric Car Subsidies Just Giveaways To The Wealthy?

Gov. Jerry Brown and some California lawmakers are pushing Golden State drivers to the fast lane of an all-electric car future. For example, San Francisco Democrat Phil Ting has introduced legislation to outlaw the sale of traditional gas-powered cars by the year 2040. My colleague Kerry Jackson has called this idea “a ...
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