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912 Summit - July 2015

912 Summit - July 2015

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Blog

Unlikely allies in the California Legislature urge colleagues to protect innocent people from abuse of federal forfeiture law

UPDATE: The Assembly Public Safety Committee unanimously approved SB 443 on Tuesday, though it was amended. The bill will have to go through the Appropriations Committee before it heads to the Assembly for a final vote. Because the bill was amended in committee, it will have to go back to the Senate for approval.

07/13/2015
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Blog

Capitol Hill Update, 13 July, 2015

Capitol Hill Update, 13 July, 2015

07/13/2015
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Blog

Leftist Democrats foolishly urge Obama to expand Social Security

A number of congressional Democrats have signed a letter to President Barack Obama urging him to consider expansion of Social Security, the 80-year-old program designed to provide retirement benefits to Americans. The letter was sent on Monday for the White House Conference on Aging, a once-in-a-decade meeting where at attendees analyze and discuss various policy proposals for seniors and make recommendations.

07/13/2015
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Blog

Expand Health Savings Accounts

Personal Freedom and Prosperity 103: Private Property ….private property, production, and voluntary exchange … are the ultimate sources of human civilization. —Hans-Hermann Hoppe

07/11/2015
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Blog

House Judiciary Committee Revisits Kelo, Decides State of Property Rights Not Good

Ten years ago, the United States Supreme Court effectively scratched the line “for public use” from the Fifth Amendment’s Takings Clause, which allows the government to take and repurpose private property. The 5-4 decision in Kelo v. New London said that property may be taken from one private owner and given to another private owner if it will generate more revenue for the city.

07/10/2015
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Blog

100 Republicans Join in Voting for More Mandatory Spending

Today, astonishingly, 281 Members of the U.S. House of Representatives – including 100 Republicans – voted to increase the government’s autopilot “mandatory” spending. Tucking even more new spending into the “non-discretionary” category in order to avoid budget constraints is a dangerous precedent – one which no fiscal conservative should ever support.

07/10/2015
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Op-ed Placement

The Online Sales Tax Rears Its Ugly Head… Again

Americans have been shopping online for 20 years now. What started as a curiosity has become routine and essential for millions of people, and the days when you had to physically track down a copy of a rare book or record have become an increasingly distant memory. The sheer convenience of online shopping is breathtaking, but that very convenience has made sites like Amazon.com as many enemies as they have friends. The retail lobby, infuriated by the discovery of a better business model, have spent years seeking a government solution to their declining sales.

07/10/2015
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Blog

Law enforcement funding should come from Pennsylvania lawmakers, not from the property of innocent people

Pennsylvania has one of the worst civil asset forfeiture laws in the country, in the country, but a recently introduced reform proposal would protect innocent people from this form of government overreach. Prosecutors in the Commonwealth are, however, aggressively trying to defend the pernicious practice, which is often used to go after property of law-abiding citizens.

07/10/2015
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Blog

Windy City Gets Blown Over With New Tax

A new tax is being imposed on Chicagoans in the name of fairness. Residents who pay to stream movies and music on sites such as Netflix and Spotify will be charged an additional 9% for using those services. The added costs come from a ruling of the Finance Department. Implementing the new charges will be an expansive reach of two types of governing taxes already in place known as the city amusement tax and the city personal property lease transaction tax in order to cover products used by businesses and residents alike.

07/10/2015
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Blog

New Regulation on Retirement Investments Means Less Choice for Your IRA and 401k

The Obama administration has proven exceptionally talented in making law without Congress, using the vast alphabet soup of agencies such as the EPA, the IRS, the FCC, and the NLRB to drastically increase the government’s reach into our lives. Among all of the massively damaging regulations coming out of these agencies is a little-noticed rule from the Department of Labor that could drastically affect millions of Americans’ choice in IRA and 401K investments.

07/10/2015

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