Taxes & Economy
Rendell should reject the federal “stimulus” money
I know it will never happen — just like asking him to pass on a greasy cheese steak sub — but Gov. Rendell should reject the…
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Rendell administration: Commonwealth Foundation is right about government spending
A Capitolwire (subscription) headline reads “DCED acting secretary says little state can do to create jobs,” after a hearing in which Secretary Cornelius notes that “economic development” programs have…
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What do Economists Agree On?
Greg Mankiw posts a selection from his textbook on what economists agree on, from a survey. I am not suprised to see economists overwhelmingly support free trade, as that…
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Update on the Boscov’s Bailout
John Micek has a summary of the new PA DCED secretary’s explanation of the Boscov’s bailout, during a hearing today. Secretary Cornelius noted that bailouts encourage companies to start…
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Piccola Offers Alternative Plan for PA Higher Ed
State Sen. Jeff Piccola has a new proposal to offer additional grants directly to Pennsylvania students for higher education, and tie this funding to both schools’ holding tuition costs down…
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Pay to Play Culture in Harrisburg
ABC 27 has a story/video highlighting the “pay-to-play” cronyism in Harrisburg, specifically the $11 million in outside legal fees (despite hundreds of lawyers on staff) going to Ballard Spahr…
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PA pension funds report major losses
Mark Scolforo summarizes the reports from Pennsylvania two statewide pension funds SERS (for state workers) and PSERS (for school district employees): The percentage losses on investments were similar.
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New Study of Business Tax Burdens
The Council on State Taxation has released a new study on state and local business taxes. It is a good primer on what taxes business pay (for instance, I…
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A tax code even a congressman can understand
Andrew Moylan editorializes that simplifying the federal tax code would provide an economic “stimulus.” Individual taxpayers spend more than 3.5 billion hours complying with the code. That …
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