Archives: Cronyism / Articles
Archives: Cronyism / Articles (page 15)
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Myth of the Day: Income Distribution is Increasingly Inequitable
One of the most prevalent claims, voiced particularly loudly by progressive groups, is that the United States has become a nation of have’s and have-not’s. Progressives rely heavily…
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Government Accountability Office Releases Annual Waste Report
Every year, the Government Accountability Office (GAO) releases a report, first commissioned by Sen. Tom Coburn, detailing instances of waste and duplication by federal agencies. This year the waste…
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Happy Tax Freedom Day!
Each year, the Tax Foundation releases a report on Tax Freedom Day – the day when the annual tax burden is paid off and people are able to keep…
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SEC: Illinois’ Underfunded Pensions are Fraud
This week, the Securities and Exchange Commission announced it had settled a charge against the State of Illinois for civil securities fraud. The SEC accused Illinois knew it would…
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Myth of the Day: Lower Tax Rates are Bad for the Economy
Our blog post on Myth #1 explained why it is untrue to assume that increased government spending (economic stimulus proposals in particular) leads to increased economic growth. Today’s myth…
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Myth of the Day: Austerity in the Form of Spending Cuts Will Harm Growth and Employment
The recent debates in state and federal government regarding overspending and massive deficits during a period when the economy is sluggish makes this fiscal policy myth particularly timely. Today’s myth…
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Center on Budget and Policy Priorities: Long on Opinion, Short on Research
The Left-wing Center for Budget and Policy Priorities (CBPP) is out with a new essay attacking the economic basis for low tax, free-market, limited government policy proposals like those laid out in …
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Myth of the Day: Increased government spending stimulates the economy during recessions
As state legislatures consider fundamental tax reform this session, ALEC’s Center for State Fiscal Reform recently released Tax Myths Debunked, a study that clarifies seven main misconceptions about tax policy. Co-authors…
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Preparing for an Uncertain Fiscal Future: What Other States Can Learn From Utah
By: Bob Williams and Kati Siconolfi As sequestration approaches quickly, state legislators should discuss how to provide essential services while facing possible federal aid reductions. While a majority of the…
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The Real Snake Oil Salesmen
By: Sen. Howard Stephenson Since 1995, the Utah Legislature has worked to fully implement the sound tax policy of not collecting sales taxes on business inputs like manufacturing equipment, mining…
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No Snake Oil, Life is About Incentives
By Jonathan Small, CPA Many have heard the saying, “You reap what you sow.” This is an undeniable fact of life, reality. Essentially, this saying means that productive…
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Cato Institute Grades Governors on Fiscal Record
The latest edition of the Cato Institute’s Fiscal Policy Report Card on America’s Governors grades the states on economic policies enacted since 2010. Governors that earned an “A” implemented…