Inflation
Business & Economics
Adopt a flax tax to avoid chronic budget crises
Tax time has come and gone, and California finds itself in yet another fiscal crisis. Gov. Schwarzenegger proposed 10 percent across-the-board spending cuts to help close the state’s now-$15 billion projected budget deficit through June 2009. These budget crunches hit the Golden State because of its highly graduated tax code. ...
Robert P. Murphy
June 7, 2008
Commentary
Proposition 13 Turns 30: Why it’s still necessary, and why the pillage people still hate it
SACRAMENTO – Thirty years ago Friday, on June 6, 1978, Californians passed Proposition 13, the “People’s Initiative to Limit Property Taxation” that helped California homeowners but is now blamed for many state woes. Owning a home has always been part of the American dream. During the latter part of the ...
K. Lloyd Billingsley
June 4, 2008
Agriculture
How Misguided Energy Policy Eats Up the Economic Stimulus
This month, checks are going out to federal taxpayers in the form of an “economic stimulus” package. Economists are divided over how those dollars will be spent—new spending, paying off bills, savings? Unfortunately, other federal and state policies, including energy policy, will eliminate any stimulation. The economic stimulus checks are ...
Thomas Tanton
May 22, 2008
Commentary
CNN – The Glenn Beck Show
Transcript Aired May 21, 2008 – 19:00:00 ET … Up next, as Massachusetts Senator Ted Kennedy begins his battle, he is lucky to have one of the best health-care plans available. Reality is, not a lot of people in that state are as fortunate. I`ll explain in tonight`s “Real Story.” ...
Pacific Research Institute
May 21, 2008
Business & Economics
How a flat income tax can help California
Californians may have paid their federal and state taxes last month, but the Golden State remains in a fiscal crisis, with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
Robert P. Murphy
May 12, 2008
Business & Economics
How a Flat Income Tax Can Help California Avoid Fiscal Crises
Californians may have paid their federal and state taxes last month but the Golden State remains in a fiscal crisis with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
Robert P. Murphy
May 7, 2008
Commentary
California Report Card Shows Dismal Results
School Reform News (The Heartland Institute), May 1, 2008 A February 15 report card from the Pacific Research Institute (PRI), a free-market think tank based in California, evaluated and graded 17 aspects of California’s K-12 education system, finding the state’s performance disastrously poor. Among the factors evaluated are the state’s ...
Vicki E. Murray
May 1, 2008
Commentary
Five myths of health care
Fictions don’t become facts through repetition. Keep that in mind next time you hear a politician breathlessly decry the horrors of the American health-care system and then explain how he intends to fix it. Some of the most popular talking points in the health-care debate pass as the gospel truth ...
Sally C. Pipes
April 18, 2008
Business & Economics
Oil Prices
prices surpassed the inflation-adjusted record set back in 1980 during the Iranian hostage crisis. Since then, they have set all-time highs—over $111 per barrel as of this writing. These sky-high prices, as well as the “unconscionable” profits earned by the oil companies, have led to predictable calls for government to ...
Robert P. Murphy
April 7, 2008
Business & Economics
The Fed at the Buzzer
The other March Madness? The Federal Reserve, in complete crisis mode, is widely expected to cut the federal funds rate this week, but one of its own is taking issue. Lee Hoskins, a former president of the Cleveland Fed, writes at Forbes and (aided by Robert P. Murphy of the ...
Tobin Harshaw
March 18, 2008
Adopt a flax tax to avoid chronic budget crises
Tax time has come and gone, and California finds itself in yet another fiscal crisis. Gov. Schwarzenegger proposed 10 percent across-the-board spending cuts to help close the state’s now-$15 billion projected budget deficit through June 2009. These budget crunches hit the Golden State because of its highly graduated tax code. ...
Proposition 13 Turns 30: Why it’s still necessary, and why the pillage people still hate it
SACRAMENTO – Thirty years ago Friday, on June 6, 1978, Californians passed Proposition 13, the “People’s Initiative to Limit Property Taxation” that helped California homeowners but is now blamed for many state woes. Owning a home has always been part of the American dream. During the latter part of the ...
How Misguided Energy Policy Eats Up the Economic Stimulus
This month, checks are going out to federal taxpayers in the form of an “economic stimulus” package. Economists are divided over how those dollars will be spent—new spending, paying off bills, savings? Unfortunately, other federal and state policies, including energy policy, will eliminate any stimulation. The economic stimulus checks are ...
CNN – The Glenn Beck Show
Transcript Aired May 21, 2008 – 19:00:00 ET … Up next, as Massachusetts Senator Ted Kennedy begins his battle, he is lucky to have one of the best health-care plans available. Reality is, not a lot of people in that state are as fortunate. I`ll explain in tonight`s “Real Story.” ...
How a flat income tax can help California
Californians may have paid their federal and state taxes last month, but the Golden State remains in a fiscal crisis, with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
How a Flat Income Tax Can Help California Avoid Fiscal Crises
Californians may have paid their federal and state taxes last month but the Golden State remains in a fiscal crisis with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
California Report Card Shows Dismal Results
School Reform News (The Heartland Institute), May 1, 2008 A February 15 report card from the Pacific Research Institute (PRI), a free-market think tank based in California, evaluated and graded 17 aspects of California’s K-12 education system, finding the state’s performance disastrously poor. Among the factors evaluated are the state’s ...
Five myths of health care
Fictions don’t become facts through repetition. Keep that in mind next time you hear a politician breathlessly decry the horrors of the American health-care system and then explain how he intends to fix it. Some of the most popular talking points in the health-care debate pass as the gospel truth ...
Oil Prices
prices surpassed the inflation-adjusted record set back in 1980 during the Iranian hostage crisis. Since then, they have set all-time highs—over $111 per barrel as of this writing. These sky-high prices, as well as the “unconscionable” profits earned by the oil companies, have led to predictable calls for government to ...
The Fed at the Buzzer
The other March Madness? The Federal Reserve, in complete crisis mode, is widely expected to cut the federal funds rate this week, but one of its own is taking issue. Lee Hoskins, a former president of the Cleveland Fed, writes at Forbes and (aided by Robert P. Murphy of the ...