Governor McAuliffe has proposed a quarter of one percent cut in the corporate income tax rate (from 6 perent to 5.75 percent). This puny tax cut will have a minimal impact on economic growth. Indeed, it will only create 280 new jobs in five years.
... Governor McAuliffe has proposed a quarter of one percent cut in the corporate income tax rate (from 6% to 5.75%). This puny tax cut will have a minimal impact on economic growth. Indeed, it will only create 280 new jobs in five years. We find more new jobs coming to Virginia from...
Now that Congress has added use-it-or-lose-it provisions to the federal pilot program that allows three states to each replace a worn-out Interstate highway using toll finance, interest in the subject is increasing. Last fall Missouri DOT held a workshop (at which I spoke) on the potential of tolling and long-term...
People have lots of ideas about how to address poverty. Most of them don’t work, as the United States has learned from more than 50 years of building a welfare state. Ever-hopeful social reformers always have some bright new idea they believe will make a difference — unlike all the...
“At issue here is whether EPA violated publicity or propaganda and anti-lobbying provisions…” regarding appropriations from Congress (GAO letter December 14, 2015, to U.S. Senator James M. Inhofe.) The U.S. Government Accountability Office (GAO) concluded EPA violated the ‘propaganda prohibition” of a federal statute. GAO said, “No part of any part...
The expanding power of federal regulators to dictate edicts from Washington would astonish the authors of our Constitution. Regulators who re-interpret laws passed years ago in ways never intended by Congress threaten the checks on executive branch power that have served as the foundation for the rule of law....
Two years ago Iranian hackers infiltrated the control system of the Bowman Avenue Dam, a small structure used for flood control in Rye, N.Y., about 20 miles from New York City. The hackers never took control of the dam, and no damage was done, but U.S. officials say the incident...
The Department of Labor’s Bureau of Labor Statistics (BLS) publishes an unemployment number that does not reflect reality. In the last Quarter for instance, across the U.S., 501,000 people found jobs, but 984,000 quit looking for jobs, and they are not included in the “unemployment rate.” The numbers since 2009 are...
A recent news article in The Wall Street Journal included this provocative sentence: “Some of the features being added to trucks are similar to those in cars, but generally the move to autonomy in commercial and industrial vehicles is far ahead of the autonomous systems offered on most passenger vehicles.”...
Jefferson Journal: Why Virginia Needs a Charter School Amendment
Senator Mark Obenshain and Delegate Rob Bell have proposed a Virginia constitutional amendment permitting the State Board of Education to authorize p[ublic charter schools. If passed this year by the General Assembly, it goes to the voters for approval in November. Because charter schools remain relativesly unknown in Virginia, it’s...