Cuomo Threatens a Tax Hike and a Lawsuit if Feds Don’t Supply $15 Billion Bailout
New York Gov. Andrew Cuomo threatened to sue the Biden administration unless it delivers on at least $15 billion in new federal aid: Cuomo says if Biden and the Democratic-led…
Free Markets, not Governments, are the Best Way to ‘Regulate’ Corporate Behavior
If we ever needed a better reason to turn off the TV and pick up a good book, the braying of some media personalities calling for the swift punishment of…
There Was $100 Billion for State and Local Governments in the Relief Bill
There were a number of complaints that the $900 billion coronavirus relief bill Congress adopted and the president signed did not include substantial bailouts for state and local governments. According…
Relief Bill Punishes School Choice Programs
And speaking of a line-item veto…a good argument for the idea can be found in the relief bill Congress approved and the president signed. Buried in that measure are restrictions…
Trump Signs Coronavirus Relief and Budget Bills
President Donald Trump signed the federal budget and coronavirus relied bills over the weekend. But he also signaled his displeasure with some of the line items tucked into the $2.3…
Congress Approves Trillions for Relief Plus Federal Budget
Congress has been busy running up the national charge card before Christmas, approving both a $900 billion stimulus bill and a roughly $1.4 trillion budget measure to fund federal operations….
Arkansas Looking to Eliminate its Personal Income Tax
The most common story to hear about states these days is how much fiscal trouble they are in, and how they need a federal bailout to close the holes in…
CBO Lays out Tough Choices for Cutting Federal Debt
The federal government’s binge spending has had real consequences for the year deficit and overall national debt. According to the Congressional Budget Office, coronavirus relief deepened the fiscal mess. But…
Tech Companies and Entrepreneurs Moving Away From High Tax, High Regulation Silicon Valley
One of the great benefits of our federal system is that states compete with one another on the items within their control – regulation, taxation, and an overall business climate….
New York Pols and Unions Want Tax on Online Purchases to Support Transit System
A New York Assemblyman is proposing a $3 tax on items residents order online, and using the revenue to prop-up New York City’s creaking mass transit system. In a New…