Taxes
Blog
Spending Watch
SB 222 Will Weaken California’s Economy and Reduce State Revenues
SB 222 Will Weaken California’s Economy and Reduce State Revenues Wayne Winegarden and Nikhil Agarwal March 2025 The destructiveness of the Eaton and Palisades fires were unprecedented. According to the Anderson School of Management at UCLA, the recent Los Angeles wildfires caused up to $164 billion in property and capital ...
Wayne Winegarden and Nikhil Agarwal
March 13, 2025
Blog
Spending Watch
Backfilling Lost Federal Education Funding Will Cost California Dearly
Backfilling Lost Federal Education Funding Will Cost California Dearly Wayne Winegarden February 2025 The erratic actions of the Trump Administration are undoubtedly making it more difficult for states to budget for the upcoming 2026 fiscal year. The knee-jerk reaction from many California politicians is to call for more taxes on ...
Wayne Winegarden
February 27, 2025
Drug Prices
New Brief: ‘Maximum Fair Price’ Policy Would Bring New Costs to Nevada Taxpayers, Put Patient Access to Health Care at Risk
SACRAMENTO – Nevada taxpayers could face millions in new bureaucratic costs and patients will likely see less access to life-saving drugs if state government mandates so-called “Maximum Fair Price” price controls on prescription drugs, finds a new brief released today by the Center for Medical Economics and Innovation at the ...
Wayne H Winegarden
February 27, 2025
Blog
Consumer-protection edicts will only slow LA recovery
Consumer-protection edicts will only slow LA recovery by Steven Greenhut | January 31, 2025 A week doesn’t go by that I don’t get at least one unsolicited offer for my property, typically from investors who don’t use a company name or last name. They often claim to have driven by the house ...
Steven Greenhut
January 31, 2025
Blog
Book Review: The Age of Debt Bubbles edited by Max Rangely
Today, the U.S.’s debt-to-GDP ratio (the ratio between a country’s government debt and its gross domestic product) stands at 121 percent according to the Federal Reserve Bank of St. Louis. However, we’re not the only country at risk. Italy is at 139 percent, Greece at 153 percent, Singapore at 176 ...
Rowena Itchon and Wayne Winegarden
January 30, 2025
Blog
State Budget Week - Learn how the Newsom Budget Will Impact California's Tax Burden
The Newsom Budget on Taxes: Yes, Governor, California Is a High Tax State
California imposes the highest top marginal state income tax rate and one of the highest state and local sales tax rates in the country. It is simply illogical to claim that a state with the highest income tax rate and a very high state and local sales tax rates is ...
Nikhil Agarwal
January 21, 2025
Blog
Voters slam California with new local taxes and bonds
Voters slam California with new local taxes and bonds By John Seiler | December 6, 2024 California’s Nov. 5 election totals, finalized on Dec. 5 by county registrars, show voters slammed local taxpayers with around $2.3 billion in new direct tax increases. Plus $47.1 billion in new bond debt, which ...
John Seiler
December 6, 2024
Business & Economics
Learn more about Trump's tax plan
How Trump’s Tax Plan Could Affect the Middle Class
Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia. “This tax reduction improved U.S. economic competitiveness, accelerating income growth for middle-class families,” said Wayne Winegarden, ...
Wayne H Winegarden
November 27, 2024
Blog
Would sales tax increase make Denver more "affordable"?
Legalizing housing will do more for Denver than a tax hike
Like many cities across the country, Denver has experienced soaring housing prices. While wages in the Denver area have increased 55% over the last decade, the median home sale price has surged 180%. A majority of renters are burdened by high rents eating up 30% or more of their incomes, ...
Sal Rodriguez
October 30, 2024
Business & Economics
Learn more about how taxes harm economic activity
Does San Diego County’s Measure G measure up?
There’s no denying that the crumbling section of the coastal bluff near Del Mar that holds up the only rail line linking San Diego to the rest of California needs to be shored up. But is a tax hike necessary to get the job done? No, but that’s never stopped ...
Kerry Jackson
October 29, 2024
Spending Watch
SB 222 Will Weaken California’s Economy and Reduce State Revenues
SB 222 Will Weaken California’s Economy and Reduce State Revenues Wayne Winegarden and Nikhil Agarwal March 2025 The destructiveness of the Eaton and Palisades fires were unprecedented. According to the Anderson School of Management at UCLA, the recent Los Angeles wildfires caused up to $164 billion in property and capital ...
Spending Watch
Backfilling Lost Federal Education Funding Will Cost California Dearly
Backfilling Lost Federal Education Funding Will Cost California Dearly Wayne Winegarden February 2025 The erratic actions of the Trump Administration are undoubtedly making it more difficult for states to budget for the upcoming 2026 fiscal year. The knee-jerk reaction from many California politicians is to call for more taxes on ...
New Brief: ‘Maximum Fair Price’ Policy Would Bring New Costs to Nevada Taxpayers, Put Patient Access to Health Care at Risk
SACRAMENTO – Nevada taxpayers could face millions in new bureaucratic costs and patients will likely see less access to life-saving drugs if state government mandates so-called “Maximum Fair Price” price controls on prescription drugs, finds a new brief released today by the Center for Medical Economics and Innovation at the ...
Consumer-protection edicts will only slow LA recovery
Consumer-protection edicts will only slow LA recovery by Steven Greenhut | January 31, 2025 A week doesn’t go by that I don’t get at least one unsolicited offer for my property, typically from investors who don’t use a company name or last name. They often claim to have driven by the house ...
Book Review: The Age of Debt Bubbles edited by Max Rangely
Today, the U.S.’s debt-to-GDP ratio (the ratio between a country’s government debt and its gross domestic product) stands at 121 percent according to the Federal Reserve Bank of St. Louis. However, we’re not the only country at risk. Italy is at 139 percent, Greece at 153 percent, Singapore at 176 ...
State Budget Week - Learn how the Newsom Budget Will Impact California's Tax Burden
The Newsom Budget on Taxes: Yes, Governor, California Is a High Tax State
California imposes the highest top marginal state income tax rate and one of the highest state and local sales tax rates in the country. It is simply illogical to claim that a state with the highest income tax rate and a very high state and local sales tax rates is ...
Voters slam California with new local taxes and bonds
Voters slam California with new local taxes and bonds By John Seiler | December 6, 2024 California’s Nov. 5 election totals, finalized on Dec. 5 by county registrars, show voters slammed local taxpayers with around $2.3 billion in new direct tax increases. Plus $47.1 billion in new bond debt, which ...
Learn more about Trump's tax plan
How Trump’s Tax Plan Could Affect the Middle Class
Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia. “This tax reduction improved U.S. economic competitiveness, accelerating income growth for middle-class families,” said Wayne Winegarden, ...
Would sales tax increase make Denver more "affordable"?
Legalizing housing will do more for Denver than a tax hike
Like many cities across the country, Denver has experienced soaring housing prices. While wages in the Denver area have increased 55% over the last decade, the median home sale price has surged 180%. A majority of renters are burdened by high rents eating up 30% or more of their incomes, ...
Learn more about how taxes harm economic activity
Does San Diego County’s Measure G measure up?
There’s no denying that the crumbling section of the coastal bluff near Del Mar that holds up the only rail line linking San Diego to the rest of California needs to be shored up. But is a tax hike necessary to get the job done? No, but that’s never stopped ...