Those hoping for the Supreme Court to instruct the federal government to step back amidst increasing involvement in health care were sorely disappointed on June 25 when the SCOTUS delivered its fateful King vs. Burwell decision. In it, the Justices upheld the IRS interpretation of the Affordable Care Act’s taxpayer-funded … »
A new study from the National Bureau of Economic Research (NBER) about state taxes found an interesting correlation that supports states using tax policy to compete with rivals for top talent.
In the study, titled “The Effect of State Taxes on the Geographical Location of Top Earners: Evidence from Star Scientists,” authors Enrico Moretti of UC-Berkley and Daniel Wilson of the Federal Reserve Bank of San Francisco aimed to “quantify how sensitive is migration by star scientists to changes in personal and business tax differentials across states.” Their research confirms the Rich States, Poor States: ALEC-Laffer State Economic …
The 2nd Annual Meeting of the American City County Exchange (ACCE) has come to a successful conclusion. In attendance were local elected officials from almost half of the states in the U.S. The workshops were detailed and technical, focusing on free market solutions to policy problems, government efficiency and learning … »
According to reports published in both the New York Times and the Washington Post last night, the U.S. Environmental Protection Agency (EPA) is expected to release its final rule targeting greenhouse gas emissions from fossil fuel-fired power plants sometime next weeks, perhaps even as early as Monday. The two newspapers … »
Despite very different opinions on how to fix the budget, Pennsylvania legislators and the governor have agreed on something: there is a $1.2 billion budget shortfall. In the words of Senate Appropriations Committee Chair Pat Browne, “That’s progress. We know where we’re starting from.” However, the two sides are still … »