Monday, April 9, 2007Are we all Supply-Siders now?Filed As: Budget and Tax, Economic principlesMilton Friedman once remarked, "we are all Keynesians now." In a more »»
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Sunday, April 1, 2007Unleashing Capitalism in West VirginiaNew WV think tank publishes 237-page roadmap for prosperity Filed As: Budget and Tax, Economic principles, Employment, GeneralIn March, the Public Policy Foundation of West Virginia published its first book, Unleashing Capitalism: Why Prosperity Stops at the West Virginia Border and How to Fix It. This 14 chapter, 237-page roadmap suggests specific free market policy reforms that would promote long-run economic growth ... more »»
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Monday, March 26, 2007If You Build it, They Will Launch?Filed As: Budget and Tax"If you build it, they will come" and variations of this line from the movie Field of Dreams has been used to justify taxpayer-financed construction of professional sports stadiums for years. ... more »»
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Sunday, April 1, 2007Largest Tax Cut in Arkansas HistoryDemocratic governor sets example for the GOP Filed As: Budget and TaxRecently, freshman Democratic Gov. Mike Beebe signed into law the largest tax cut in that state’s history: a 50 percent reduction in the state grocery tax. The Arkansas Policy Foundation has helped to move that idea along, publishing on the topic since ... more »»
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Monday, March 26, 2007Shining the Light of Public Scrutiny on SpendingFiled As: Budget and TaxTransparency is in. National Review Online offers a short write-up of the ways that organizations belonging to State Policy Network are exposing wasteful government spending. High on the list: promoting ... more »»
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Friday, March 23, 2007It's Good to Be ConnectedLocal "Development" Projects Benefit Private Parties at Public Expense Filed As: Budget and TaxHigh are the list of attitudes that lead to bad government is the desire to "do something." At the local level, this sometimes works itself out in economic development projects. There's nothing wrong and plenty right with new jobs, new businesses, and new options for buying and selling ... more »»
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Wednesday, March 21, 2007Will the Last One in Michigan Turn Out the Lights?Filed As: Budget and TaxIt's a simple principle of economics: if you want less of something, you tax it more. So does the governor of Michigan want to accelerate the movement of people out of the Wolverine state? Michigan has been a "leader" in economic stagnation. In the words of Dana Johnson, chief ... more »»
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Wednesday, March 14, 2007The Cigarette Tax: No "Easy Money"Filed As: Budget and TaxIf people find it so hard to stop smoking, does that mean that hiking the cigarette tax is a quick way for states to raise money? Not quite, says the Maine Heritage Policy Center. Gov. John E. Baldacci of Maine hopes to raise $66 million for the general fund by increasing the state's cigarette ... more »»
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Tuesday, March 13, 2007State Budgets Inspired by MythsFiled As: Budget and Tax, Education (k-12), Health Care, TransportationBudgets are reflections of priorities, and in the world of public finance, a collective statement of how we think the world works. According to the Yankee Institute for Public Policy, the budget proposal of Governor M. Jodi Rell is based on a number of myths. Here's a summary from the ... more »»
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Monday, March 5, 2007Welfare for ArtistsFiled As: Budget and TaxThe Baltimore Sun reports on a move in the city to promote welfare, call it mandated employment if you will, for artists. "City officials hope to add to the conspicuous and sometimes not-so-conspicuous structures with a proposal that would require all publicly funded city construction projects ... more »»
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