State Budget
Pennsylvanians Are in Dire Need of Tax Reform
Originally published by RealClearPennsylvania. Today is Tax Day. Each year, April 15th reminds us of the costliness of government spending – and why lawmakers must reduce this financial burden on…
Read More: Pennsylvanians Are in Dire Need of Tax ReformHigh 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.
Regulation
Government on a Diet: Spending Tips 2008
State government consumption and spending of taxpayer money has grown rapidly over the years. Since 1970, Pennsylvania’s operating budget increased from $4.2 billion to $59 billion in FY 2007-2008, an…
Report
Read More: Government on a Diet: Spending Tips 2008Regulation
Mutually Exclusive: Pension COLAS and Lower Taxes
In Government 101, we learn how a bill becomes law and the circuitous route that, at any stage of the political process, may derail a proposal. In fact, only 6.3%…
Commentary
Read More: Mutually Exclusive: Pension COLAS and Lower TaxesHealth Care
Pennsylvania proposes to cheat Medicaid
Michael Cannon writes that the Rendell administration’s plan to tax Philly and Pittsburgh hospitals, but give them higher reimbursements from Medicaid is a great plan … for Pennsylvania.
Media
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A Philly Tax Cutter?
City Journal sounding on what Mayor Nutter needs to do to turn the Philadelphia economy around. The results of the city’s hostility toward business are evident. While the…
Media
Read More: A Philly Tax Cutter?Regulation
How government makes things worse
Boston Globe piece by Jeff Jacoby covers the “Law of Unintended Consequences” of government intervention. Jacoby takes on government mandates and subsidies for ethanol: But now comes word…
Media
Read More: How government makes things worseTaxes & Economy
Are We Talking Ourselves Into Recession?
BusinessWeek article on whether the media’s obsession with bad economic news may be driving low consumer confidence and turning a “slowdown” into a recession. Case in point: I recently…
Media
Read More: Are We Talking Ourselves Into Recession?Taxes & Economy
Pa. legislative Democrats’ I-80 report worthless
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
Read More: Pa. legislative Democrats’ I-80 report worthlessTaxes & Economy
Median U.S. Gross Income: $61,500
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: $61,500Taxes & Economy
Turnpike Comission seeks private bidders to finish roads
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
Read More: Turnpike Comission seeks private bidders to finish roadsTaxes & Economy
Free analysis of costly Turnpike study
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
Read More: Free analysis of costly Turnpike studyTaxes & Economy
Did the PA min. wage increase cost jobs?
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
Read More: Did the PA min. wage increase cost jobs?Taxes & Economy
Pennsylvania Turnpike Commission vs. PennDOT
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
Read More: Pennsylvania Turnpike Commission vs. PennDOTPublic Union Democracy
Texas v. Ohio
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
Read More: Texas v. OhioTaxes & Economy
NAFTA, Foreign Trade, and jobs
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
Read More: NAFTA, Foreign Trade, and jobsRegulation
Union wants pension backing for roads
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
Read More: Union wants pension backing for roadsTaxes & Economy
An Upside for the Middle Class
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
Read More: An Upside for the Middle ClassRegulation
How to Shrink an Economy
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
Read More: How to Shrink an EconomyState Budget
PA Budget Historical Numbers
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
Read More: PA Budget Historical NumbersTaxes & Economy
Daylight Saving Wastes Energy
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
Read More: Daylight Saving Wastes EnergyTaxes & Economy
Wages Are a Price, Too
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
Read More: Wages Are a Price, TooTaxes & Economy
Foreigners Create Jobs
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
Read More: Foreigners Create Jobs