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Tag: Economy

How This Nashville Tech Company Challenged a State Regulatory Board and Won

Posted: October 7, 2016 at 12:20 pm   /   Friends

Armand Lauzon is working to revolutionize the beauty industry in Nashville. But until Monday, the Tennessee Board of Cosmetology and Barber Examiners, a state regulatory board that oversees the beauty industry, wanted to make Lauzon’s quest much more difficult—ordering him to shut down his website, Project Belle, and pay a $500 fine. Lauzon’s website, Project […]

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Raising the Debt Limit and Other Budget Mischief by Lame Ducks

Posted: October 6, 2016 at 1:04 pm   /   Friends

Congress is up to no good. Lawmakers passed a continuing resolution before the end of the fiscal year that will fund the government only until Dec. 9. This means Congress most likely will enact another spending package in a lame-duck session, with the strong temptation to bust the budget yet again. With a $600 billion […]

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How to Optimize Taxation to Meet Redistributive Goals

Posted: October 6, 2016 at 6:41 am   /   Friends

A new working paper by economists Emmanuel Saez and Stefanie Stantcheva purports to overturn a widely cited finding that capital should not be taxed; it fails. Rather than offering new insights on minimizing the distortion from taxation, the authors emphasize targeting taxes to achieve arbitrary goals for redistributing wealth. In the mid-1980s, economic theorists Kenneth […]

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The Government Spends $1.5 Billion Per Year on Public Relations, Ads, Watchdog Finds

Posted: October 5, 2016 at 2:37 pm   /   Friends

A government watchdog found that over the last decade, annual government spending on public relations and advertising activities averages $1.5 billion. The Government Accountability Office publicly released a report Wednesday examining how much the federal government spent on public relations and advertising contracts, as well as on salaries for federal public relations employees, from 2006 […]

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Obama Fair Housing Rules Open Door to Unintended Consequences

Posted: October 5, 2016 at 11:15 am   /   Friends

The Obama administration is pulling on both ends of the rope in the tug of war over housing regulation. Heritage Foundation calculations found that the typical American household spends an extra $1,700 a year due to land use regulation. Households on both coasts pay much more. Joining Heritage on one end of the tug of […]

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These Unneeded Rules for Freight Railroads Would Cost Consumers

Posted: October 5, 2016 at 9:20 am   /   Friends

By virtually any measure, America’s freight-rail system is one of the best in the world. In fact, rail transports a full 40 percent of freight moved in the United States. But rogue federal regulators may change that. Since 1981, when a bipartisan congressional effort largely deregulated the nation’s freight rail providers, Americans have enjoyed a […]

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Internet Sales Tax Legislation Is ‘Taxation Without Representation,’ Conservatives Say

Posted: October 4, 2016 at 12:07 pm   /   Friends

Conservatives are wary of internet sales tax legislation in the works that would create an “un-level playing field” for online businesses. Republican leadership in Congress may have promised Democrats to schedule a vote on legislation related to online sales tax, a memo from the Conservative Action Project, a group including organizations that represent major elements […]

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Clinton Estate Tax Plan Would Affect Many Families, Not Just the Very Rich

Posted: October 3, 2016 at 1:21 pm   /   Friends

Hillary Clinton’s newly proposed top estate tax rate of 65 percent on $1 billion estates can sound innocuous enough to the average taxpayer. Last year only a handful of estates would have been large enough to have been affected. If that was all there was to the new Clinton estate tax announced in September, most […]

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Arizona’s War on Barbers

Posted: September 30, 2016 at 3:27 pm   /   Friends

“We can no longer tolerate this infraction.… We will no longer tolerate this behavior!!” A government-sponsored board in Arizona has posted this message on the front page of its news column, under the heading “ATTENTION TO ALL SHOPS.” What is the intolerable crime in question? Unlicensed barbering. “Break the law and pay the fine. Work […]

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