High taxes make for a slow-growing economy. And communities feel the pinch of high taxes as more and more native Pennsylvanians leave the Keystone State to prosper elsewhere. To remain economically competitive, Pennsylvania must lower state taxes and ensure businesses have the opportunity to succeed. Lower taxes will incentivize more individuals to call Pennsylvania their home, ultimately spurring our statewide economy forward.

Taxes & Economy

Pa. legislative Democrats’ I-80 report worthless

  • Nathan Benefield
  • March 6, 2008

Towanda Daily Review editorial on the “study” commissioned by House Democrats on a Turnpike lease. One addition to my previous notes on the “study”: To show…

Media

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Taxes & Economy

Median U.S. Gross Income: $61,500

  • Nathan Benefield
  • March 6, 2008

TaxProf Blog has the latest US Median Income, along with a couple of nifty charts on median income growth (in both nominal and real terms) and the average income…

Media

Read More: Median U.S. Gross Income: $61,500

Taxes & Economy

Turnpike Comission seeks private bidders to finish roads

  • Nathan Benefield
  • March 5, 2008

With no sense of irony, the Pennsylvania Turnpike Commission is adverstising for for “expressions of interest” from private firms interested in finishing and managining the Mon-Fayette Expressway and Findlay…

Media

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Taxes & Economy

Free analysis of costly Turnpike study

  • Nathan Benefield
  • March 4, 2008

Toll Roads News offers some comments on the $75,000 taxpayer-funded “study” on a Turnpike lease. The Caucus report is in its nature hypothetical. It is based on…

Media

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Taxes & Economy

Did the PA min. wage increase cost jobs?

  • Nathan Benefield
  • March 4, 2008

The PA Department of Labor and Industry released their report on the state minimum wage increase. As this Post-Gazette story indicated, the report doesn’t attempt to address what…

Media

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Taxes & Economy

Pennsylvania Turnpike Commission vs. PennDOT

  • March 3, 2008

Act 44 of 2007 dramatically expanded the scope and power of the Pennsylvania Turnpike Commission (PTC) to increase tolls on the 537-mile Turnpike; enter into a lease agreement with…

Fact Sheet

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Public Union Democracy

Texas v. Ohio

  • Nathan Benefield
  • March 3, 2008

Wall Street Journal article contrasts the economic fortunes between Texas (good) and Ohio (bad), and explores some of the reasons behind this – namely taxes (Texas=low, Ohio=high and increasing)…

Media

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Taxes & Economy

NAFTA, Foreign Trade, and jobs

  • Nathan Benefield
  • March 3, 2008

Cato’s Dan Griswold writes that “Ohio Needs More Foreign Trade” as Hillary Clinton and Barack Obama denounce NAFTA in Ohio: Ohio workers would pay a heavy price for…

Media

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Regulation

Union wants pension backing for roads

  • Nathan Benefield
  • March 3, 2008

Financial Times article on public sector unions pushing for public pension funds to invest in roads and other infrastructure. Of course, as noted, many public pension funds (the California…

Media

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Taxes & Economy

An Upside for the Middle Class

  • Nathan Benefield
  • February 29, 2008

Interesting Washington Post article on the middle class: Items once considered luxuries — dishwashers, central air conditioning, video cameras — are now common. The average size of new…

Media

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Regulation

How to Shrink an Economy

  • Nathan Benefield
  • February 29, 2008

Penn State Altoona econ professor John McGinnis writes on how Pennsylvania’s “economic development” spending shrinks our economy – first by taxing to pay for this corporate welfare, then by…

Media

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State Budget

PA Budget Historical Numbers

  • Nathan Benefield
  • February 29, 2008

I’ve received a couple of requests for historics Pennsylvania state budget numbers, so I thought I’d post the data here. The figures represent actual final spending from 1970-2007, while…

Media

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Taxes & Economy

Daylight Saving Wastes Energy

  • Nathan Benefield
  • February 28, 2008

A new study show that daylight savings time result in higher energy use, reports the Wall Street Journal, examing the effect of Indiana’s recent move to DST. Daylight Savings…

Media

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Taxes & Economy

Wages Are a Price, Too

  • Nathan Benefield
  • February 27, 2008

A good chart of wages vs. inflation on the CARPE DIEM blog, along with a criticism of today’s Wall Street Journal article on inflation (and a humorous transposition…

Media

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Taxes & Economy

Foreigners Create Jobs

  • Matthew Brouillette
  • February 27, 2008

With transportation funding from last year's Act 44 looking increasingly unlikely to materialize, Gov. Rendell is wisely continuing to push for a private-sector lease of the Pennsylvania Turnpike as part…

Commentary

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Taxes & Economy

Bio-Foolish Behavior

  • Nathan Benefield
  • February 26, 2008

IBD Editorial on the lack of common sense in pushing for additional bio-fuel mandates and taxpayer subsidy: In 2005, America used 15% of its corn crop to replace…

Media

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Health Care

Obama v. McCain on Health Care

  • Nathan Benefield
  • February 25, 2008

Cato Daily Podcast with Michael Tanner on the differences between McCain and Obama – and the constrast of market-based reform vs. expansion of government – on health care.

Media

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Taxes & Economy

The Laffer Curve, Part II

  • Nathan Benefield
  • February 25, 2008

Second part in the video series on the Laffer Curve – this video looks at real examples of how tax cuts result in economic and revenue growth.

Media

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Health Care

RendellCare: What Would Jesus Do?

  • Nathan Benefield
  • February 24, 2008

Remember the passage in the Bible where Jesus called upon the Roman Empire to provide universal, government-run health insurance? What! There’s no such passage? Perhaps someone should point that…

Commentary

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Health Care

Semonizing on RendellCare

  • Nathan Benefield
  • February 24, 2008

Morning Call article and Post-Gazette piece on the planned “CAP Sunday” and campaign to use sermons to promote RendellCare. (HT: GrassrootsPA) I’ve written on Jesus and…

Media

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Regulation

Corporate Welfare responsible for 125% of new jobs

  • Nathan Benefield
  • February 21, 2008

A new study and press conference today by the Pennsylvania Economic Development Association (PEDA) takes credit for helping to “create” 186,000 jobs in PA from 2003 through…

Media

Read More: Corporate Welfare responsible for 125% of new jobs