Outmigration
Business & Economics
Wealth Taxes are Economic Failures
By Wayne Winegarden and Kerry Jackson California Assemblymember Alex Lee should have studied Europe’s experiences before introducing his wealth tax proposal. Had he done so, he never would have introduced Assembly Bill 2289 that, if adopted, would impose 1% annual tax rate on couples with net worths exceeding $50 million and
California
Watch Videos from 2022 PRI California Ideas in Action Conference
Conference Theme: Saving California As PRI’s new book Saving California suggests, market-based reforms can help solve California’s biggest policy problems and even advance the goals of the state’s most progressive legislators. Come hear policy experts and real life changemakers discuss reforms that could push the state onto a better track and
California
A Better California Doesn’t Require A Big-Government Budget
For most, “budget” means a set amount of money they’re able to spend over a defined period of time, such as the funds available in a household account. To California lawmakers, “budget” holds a different meaning. In their world, it typically defines an opportunity to freely spend a massive harvest
Blog
America’s Cities in Decline
Go Downtown Things will be great when you’re — Downtown No finer place for sure — Downtown Everything’s waiting for you – Petula Clark, 1964 Perhaps I date myself, but I can still remember this 1960s song that captured the allure of the city. Back then, downtown, the proverbial “engine
Blog
California Continued to Shrink in 2021
In 2021, as in 2020, the Golden State only continued to shrink. According to new data from the Department of Finance, California lost a startling 173,000 residents last year. As reported in the Los Angeles Times, 55,000 of those lost residents were victims of the pandemic, while a further 53,000
California
Reform Misguided Laws, Don’t Raise Minimum Wage, to Address California’s High Cost of Living
California isn’t yet finished hiking the minimum wage from the last bill that increased it to $15 an hour starting in 2023 for all businesses, and now comes another proposal to move it to $18. Imagine the response from companies struggling to keep up with current payrolls when they hear
Blog
The California Cost Of Thanksgiving
All Californians traveling this Thanksgiving by automobile will be paying steep prices for gasoline. Those who have a little cash left over after filling up can indulge in a meager (compared to last year) turkey day meal. As of Nov. 22, California had the highest gasoline prices in the country.
Blog
Millionaire Migration: Exhibit A – California
Some years ago — not long after the debt crisis in Greece – I took a cruise around the Greek Isles. As we drove past rows of villas and yachts outside of Athens, our tour guide made this snarky comment: according to the country’s tax rolls, there was only one
California
Wayne Winegarden and Kerry Jackson – California Migrating
Our guests in this podcast are Wayne Winegarden, PRI senior fellow in business and economics and Kerry Jackson, PRI fellow on California Reform. Wayne and Kerry co-authored PRI’s new study “California Migrating,” which reveals the root causes of the outmigration by California residents and businesses. The state’s detrimental policies have
California
How to slow, reverse the California exodus
An unwritten rule of journalism says, “if it bleeds, it leads.” When it comes to the exodus from the Golden State, this rule isn’t being applied. California had been the dream destination for generations and became the most populous state in 1964. But California’s share of the U.S. population peaked
Wealth Taxes are Economic Failures
By Wayne Winegarden and Kerry Jackson California Assemblymember Alex Lee should have studied Europe’s experiences before introducing his wealth tax proposal. Had he done so, he never would have introduced Assembly Bill 2289 that, if adopted, would impose 1% annual tax rate on couples with net worths exceeding $50 million and
Watch Videos from 2022 PRI California Ideas in Action Conference
Conference Theme: Saving California As PRI’s new book Saving California suggests, market-based reforms can help solve California’s biggest policy problems and even advance the goals of the state’s most progressive legislators. Come hear policy experts and real life changemakers discuss reforms that could push the state onto a better track and
A Better California Doesn’t Require A Big-Government Budget
For most, “budget” means a set amount of money they’re able to spend over a defined period of time, such as the funds available in a household account. To California lawmakers, “budget” holds a different meaning. In their world, it typically defines an opportunity to freely spend a massive harvest
America’s Cities in Decline
Go Downtown Things will be great when you’re — Downtown No finer place for sure — Downtown Everything’s waiting for you – Petula Clark, 1964 Perhaps I date myself, but I can still remember this 1960s song that captured the allure of the city. Back then, downtown, the proverbial “engine
California Continued to Shrink in 2021
In 2021, as in 2020, the Golden State only continued to shrink. According to new data from the Department of Finance, California lost a startling 173,000 residents last year. As reported in the Los Angeles Times, 55,000 of those lost residents were victims of the pandemic, while a further 53,000
Reform Misguided Laws, Don’t Raise Minimum Wage, to Address California’s High Cost of Living
California isn’t yet finished hiking the minimum wage from the last bill that increased it to $15 an hour starting in 2023 for all businesses, and now comes another proposal to move it to $18. Imagine the response from companies struggling to keep up with current payrolls when they hear
The California Cost Of Thanksgiving
All Californians traveling this Thanksgiving by automobile will be paying steep prices for gasoline. Those who have a little cash left over after filling up can indulge in a meager (compared to last year) turkey day meal. As of Nov. 22, California had the highest gasoline prices in the country.
Millionaire Migration: Exhibit A – California
Some years ago — not long after the debt crisis in Greece – I took a cruise around the Greek Isles. As we drove past rows of villas and yachts outside of Athens, our tour guide made this snarky comment: according to the country’s tax rolls, there was only one
Wayne Winegarden and Kerry Jackson – California Migrating
Our guests in this podcast are Wayne Winegarden, PRI senior fellow in business and economics and Kerry Jackson, PRI fellow on California Reform. Wayne and Kerry co-authored PRI’s new study “California Migrating,” which reveals the root causes of the outmigration by California residents and businesses. The state’s detrimental policies have
How to slow, reverse the California exodus
An unwritten rule of journalism says, “if it bleeds, it leads.” When it comes to the exodus from the Golden State, this rule isn’t being applied. California had been the dream destination for generations and became the most populous state in 1964. But California’s share of the U.S. population peaked
