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PAPER OR PLASTIC?
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Blog Hit

PAPER OR PLASTIC?

LINKED NEWS ANALYSIS Credit and debit cards have come to play a significant role in today’s economy, with consumers owning more than 566 million MasterCard and Visa cards alone as of 2004. Indeed, the use of these payment methods has long since outpaced the role of checks and even cash for most consumers. By 2004 electronic payments had exceeded payments with checks by 7.8 billion transactions. - FreedomWorks Click Here For The Full Story Staff Selections - Links

07/26/2006
Property Rights Not For Sale in Ohio
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Blog

Property Rights Not For Sale in Ohio

Today, in the first state supreme court decisions since the US Supreme Court’s reviled Kelo decision, Ohio’s supreme court rejected the city of Norwood’s bid to use eminent domain to confiscate properties in a “deteriorating” neighborhood and give them to private developers. The court unanimously ruled that the economic development rationale which the U.S. Supreme Court used to justify Kelo violated Ohio’s constitution.

07/25/2006
Lower Wages the Unintended Consequence of Higher Minimum Wage
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Blog

Lower Wages the Unintended Consequence of Higher Minimum Wage

Heritage presents a few good reasons to oppose the minimum wage on its website, the chief one being that it lowers income. But wait, you ask, how can a law that mandates that businesses pay more per hour reduce the income of workers? Shouldn’t it raise income?

07/25/2006
Doha Round Dead Over Ag Dispute
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Blog

Doha Round Dead Over Ag Dispute

The latest round of World Trade Organization talks has collapsed over disagreements between the EU and the US. Both have put the blame on each other for the failure of the so-called "Doha round" of talks, which began in 2001. The US had called on the EU to drastically cut agricultural tariffs so as to allow US farmers access to European markets, but the EU wouldn't budge unless the US cut farm subsidies first.

07/25/2006
Paper or Plastic? The Transition from Cash to Payment Cards
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Press Release

Paper or Plastic? The Transition from Cash to Payment Cards

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07/25/2006
It's Time to Drill for Natural Gas
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Press Release

It's Time to Drill for Natural Gas

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07/25/2006
The Raleigh Report: July 25, 2006
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Press Release

The Raleigh Report: July 25, 2006

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07/25/2006
FreedomWorks ‘Key-Votes’ S. 3711, The Gulf of Mexico Energy Security Act
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Press Release

FreedomWorks ‘Key-Votes’ S. 3711, The Gulf of Mexico Energy Security Act

Dear Senator, On behalf of more than 800,000 FreedomWorks members nationwide, I write to urge you to support S. 3711, The Gulf of Mexico Energy Security Act. This legislation would take an important step towards greater energy security for the U.S. and lessen dependence on foreign sources of energy such as oil.

07/25/2006
Top 10 Corporate Welfare Queens
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Newspaper Article

Top 10 Corporate Welfare Queens

These organizations grow fat and rich thanks to special treatment from the federal government. They manipulate the political system to get insider deals, government guarantees, fixed prices and other benefits, paid for by taxpayers and consumers. 10. United States Postal Service (USPS) The USPS is a monopoly more interested in job protection than efficiency or innovation. Labor costs consume 80% of USPS revenue, while UPS and FedEx spend only 56% and 42% of their revenue on labor, respectively. Reform would allow competition for mailbox and first-class mail service.

07/25/2006
Maine Taxpayers Set to Vote on Tax Control
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Blog

Maine Taxpayers Set to Vote on Tax Control

In November Maine taxpayers will get a chance to vote to limit government spending through TABOR reform.  The question "Do you want to limit increases in state and local government spending to the rate of inflation plus population growth and to require voter approval for all tax and fee increases?" will be asked to taxpayers.  Over time this proposal would lower taxes as incomes grow faster than inflation.  Maine Heritage Policy Center has more about the initiative at their website. TABOR has been a resounding success elsewhere.  Although the tax and spend crowd is crowing about Colorado’s recent vote to raise spending, looking at the experience since enactment in 1992 is much more instructive about the success of the first state to enact TABOR reform.  Every year from 1993 to 1999 there was a ballot initiative either to raise taxes or increase spending beyond the TABOR limit, and all were defeated.  A Cato article reports that between 1997 and 2002 Colorado returned $3.2billion back to taxpayers from surpluses, cutting taxes more than any other state.  Personal income growth in Colorado was second highest in the nation between 1995 and 2000 as well.  Maine does not compare favorably to this record, with the highest state and local tax burden in the nation and a 34th place median household income ranking as opposed to Colorado’s 9th place ranking.

07/24/2006

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