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Unsettling Science in the Health Care Debate
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Blog

Unsettling Science in the Health Care Debate

Settled science rarely is. Except to those with a vested policy interest in the debate. True to form, a recent diatribe by Michael F. Jacobson of the Center for Science in the Public Interest acknowledges none of the widely available data that conflict with his passionate crusade against table salt. However, to a debate that has endured for decades, Jacobson does bring a modern twist:

06/11/2009
A Flat Debate on the Flat Tax
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Blog

A Flat Debate on the Flat Tax

In comments to the Sacramento Bee late last week, Governor Arnold Schwarzenegger magnanimously agreed to consider a proposal to maybe discuss a flat tax rate on income in California. Much like similarly surprising talk of ending marijuana prohibition, the news makes for great headlines, but taxpayers should avoid any real optimism for the time being.While Schwarzenegger cleverly pays lip service to what some consider the holy grail of tax code reform, at a suggested flat rate of 15 percent, he has actually proposed a massive tax increase. Currently, even the wealthiest Californians pay “only” 9.3 percent. In the seven states where a flat tax is already in effect, the average rate is just 4.1 percent.

06/10/2009
Broadband Policies Should Promote Competition, Not Big Government
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Blog

Broadband Policies Should Promote Competition, Not Big Government

The Federal Communicatiions Commission (FCC) recently requested comments on a Notice of Inquiry entitled, "A National Broadband Plan for Our Future."  FreedomWorks Foundation filed comments in this proceeding, urging the FCC to avoid regulatory impediments on broadband deployment.  The broadband market is dynamic and fast paced; new FCC regulations could hamper this growth and reduce the vital capital investments required to expand the nation's broadband networks.  Rather than attempting to apply old monopoly based models to today's competitive markets, the FCC should focus on removing barriers to competition, implementing competitive solutions to policy questions, and allowing the private sector to more effectively allocate scarce broadband resouurces to the most highly valued uses.  In addition, efforts to establish "net neutrality" should be avoided, because they threaten the ability to manage dynamic networks effectively.

06/09/2009
FreedomWorks Foundation Urges FCC to Adopt Market-Based Broadband Policies
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Press Release

FreedomWorks Foundation Urges FCC to Adopt Market-Based Broadband Policies

FreedomWorks Foundation recently filed comments on the Federal Communications Commission's Notice of Inquiry, "A National Broadband Plan for Our Future."  Our comments focus on the importance of avoiding excessive regulation and promoting a dynamic and competitive marketplace that encourages broadband deployment.  The study concludes:"To date, the internet has evolved relatively free from federal regulation.  This flexibility has created an important resource that continues to evolve to meet a growing demand among consumers and businesses, and a rational broadband policy framework that promotes competition and innovation will facilitate this process.  Moreover, that demand and the data-intensive content of the broadband world have generated new products that may require new tools for network management.  It is not in the public’s interest to give the government the job of controlling this evolution.  The future of broadband should be determined by those using the network, as should decisions on handling the burgeoning flow of information over the internet."Click here to see the FreedomWorks Foundation's comments in their entirety.

06/09/2009
Arnold Says Hasta la Vista to Welfare, Considers Flat Tax
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Blog

Arnold Says Hasta la Vista to Welfare, Considers Flat Tax

Governor Schwarzenegger has proposed a $500 million cut to welfare in California to help terminate the state's $5.5 billion shortfall.  On top of the cut in spending, Arnold is even considering a 15 percent flat tax.

06/08/2009
Stimulus Success? Higher Unemployment
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Blog

Stimulus Success? Higher Unemployment

The unemployment rate hit 9.4 percent last month—a 26 year high.  111 days after the passage of the stimulus bill $43.7 billion of it has been spent while over 2 million jobs have been lost.  Today the president announced that they will accelerate the rate of spending and save or create 600,000 jobs over the next hundred days. 

06/08/2009
Administration Seeks Higher Corporate Taxes
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Blog

Administration Seeks Higher Corporate Taxes

Deferral allows companies to defer income into the future to avoid high marginal tax rates on income. The administration is fighting to collect deferral money with a plan that will increase taxes on international American companies by $190 billion over the next 10 years.  If the American government makes it more expensive for American companies to bring home money to the United States, then they might stop--and that could harm American workers.  Microsoft’s CEO, Steven Balmer in a recent interview said, “It makes U.S. jobs more expensive.  We’re better off taking lots of people and moving them out of the U.S. as opposed to keeping them inside the U.S.”  It’s likely that this tax hike will result in less government income in the end when American jobs and companies move overseas and reduce the size of the tax base.  

06/04/2009
Bernanke Confirms: Government Spending Must Reverse its Torrid Pace
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Press Release

Bernanke Confirms: Government Spending Must Reverse its Torrid Pace

Washington, D.C. – Ben Bernanke’s most recent address to lawmakers falls in line with what most fiscal conservatives have been saying for quite some time: the rate of government borrowing is out of control and must be reversed for the sake of long-term sustainability of financial markets. Fiscal irresponsibility on the part of the federal government  has led to the largest deficits in the nation’s history. If we don’t begin to curb our national debt now, the consequences will continue to accumulate.

06/04/2009
FreedomWorks Activists Not Pleased to Own Auto Company
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Press Release

FreedomWorks Activists Not Pleased to Own Auto Company

Washington, DC – First came Fannie and Freddie, the banks and AIG. Now the federal government will be taking over American car companies, with health care on the horizon. With the recent bankruptcy filing of what was once a great source of American pride; General Motors has become the poster child for what has become a rather disturbing trend: the nationalization of major American financial and industrial players.

06/04/2009
Senate Votes Support Hundred Billion Dollar Bailout of International Monetary Fund
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Press Release

Senate Votes Support Hundred Billion Dollar Bailout of International Monetary Fund

Washington, DC - Although the United States is drowning in debt, the Senate voted to included a $108 billion bailout for the International Monetary Fund (IMF) in the recent passage of S. 1054 - the 2009 Supplemental Appropriations Act.  Senators voted 64-30 to reject an amendment offered by Sen. Jim DeMint (R-S.C) that would have prevented the waste of billions of taxpayer dollars.  Those who voted against the amendment voted to irresponsibly bail out foreign banks and governments at the expense of the American taxpayer. 

06/03/2009

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