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Archives: Cronyism / Articles (page 8)
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Governor Scott Takes Aim at the Corporate Income Tax
In a recent Bloomberg television interview, Governor Rick Scott of Florida detailed his plan to cut $500 million in state taxes and fees. The state of Florida is currently…
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2013 Tax Cut Roundup Released
ALEC’s Center for State Fiscal Reform is proud to announce its newest publication, the 2013 State Tax Cut Roundup. Released this morning, the report has already garnered national…
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Rain Tax Fines Drench Maryland’s Carroll County
Maryland’s Carroll County recently received a letter from Assistant Attorney General Paul DeSantis, threatening to fine the county $10,000 for each day that it does not enact a…
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Colorado Taxpayers Reject Tax Increases, Choose Growth
On Tuesday a ballot measure to raise income taxes on Coloradans to raise funds for increased education spending failed. In fact, the measure, Amendment 66, didn’t just fail–it went…
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California Raising Minimum Wage and the Economic Consequences
Once again California has thrust itself into the national spotlight as a leader in enacting the policy wish list of the American Left. This time, California’s legislature has voted to…
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Pension Reform: Polling and Millennials
In the wake of public finance debacles like Detroit and important studies of the depth of the problem, the public is becoming aware of the national crisis facing state and…
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New State Budget Solutions Study Shows $4.1 Trillion Pension Funding Gap
It’s no secret that most state pension plans across the country are deep in the red. However, a study by the nonpartisan group State Budget Solutions, Promises Made,…
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Why work when welfare pays more?
The Cato Institute recently released an updated version of a decades-old study analyzing welfare benefits on a state-by-state basis. The study, The Work vs. Welfare Trade-Off, found that the…
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Texas vs. Maryland: Opposing Economic Strategies
Recently, Texas Governor Rick Perry and Maryland Governor Martin O’Malley had a verbal sparring match on CNN’s Crossfire. Both participants mentioned various statistics and claimed the mantle of economic success…
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The Death Tax – Taxes on Death
By: Will Freeland and Matt Portu It has been said that the only certainties in life are death and taxes. Thankfully, across the states it’s becoming less likely for Americans…
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New Guide: Illinois Pension Reform is Possible
The American Legislative Exchange Council Center For State Fiscal Reform’s latest publication, Keeping the Promise: State Solutions for Government Pension Reform, offers a solution-based perspective that should be valuable…
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Ronald Coase, Titan of Economic Thought, Passes Away at 102
Ronald Coase, an economist hailed as one of the top 10 greatest economic thinkers of all time, passed away Monday, September 2, 2013, just shy of 103 years…
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Alaska’s Bold Pension Reforms
By Nick Oswald Unfunded pension liabilities are becoming a greater and greater threat to state budgets. However, the American Legislative Exchange Council’s publication, Keeping the Promise: State Solutions for…
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Myth of the Day: Real Household Income Has Not Grown in the Last 20 Years
One key tax myth that drives much of the desire for redistribution is the notion that real household income is not growing for any group but the wealthiest Americans. The…
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Michigan Pension Reform: A Model for the Nation
Americans have become accustomed to hearing about unfunded liabilities generated by the various federal entitlement programs, but many state and local governments have serious public finance problems looming as well.
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Successful Pension Reform in Rhode Island
In ALEC’s latest publication, Keeping The Promise: State Solutions For Government Pension Reform, former State Senator Dan Liljenquist details how the state of Rhode Island successfully addressed its unfunded…
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The Utah Pension Reform Model
At a time when nearly all state government pension funds are suffering from severe underfunding, there are a few bright spots that stand out. Utah is one such bright spot…
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New Release: Keeping the Promise: State Solutions for Government Pension Reform
By: Nick Oswald and Jonathan Williams. Detroit recently became the largest U.S. city in America to declare bankruptcy. While many factors contributed to this unfortunate reality, government pensions were a…
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Tax Neutrality Key to Pro-Growth Economy
One common accusation levied against the American Legislative Exchange Council is that we advance an agenda that is pro-“big business” or built on crony capitalism. This misunderstanding is based on…
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ALEC is Right | Tax Analysts
This segment is from David Brunori’s latest column, “Sales Tax Holidays and Planet of the Apes,” from Tax Analysts. This is reproduced with permission from Tax Analysts – www.taxanalysts.com. Please…