Tag: taxpayers
Lockdown-Led Big City Exodus: An Economic Boost to Small Towns?
Smaller cities and bigger towns in the heart of America are seeing a considerable influx of new residents, and with this, we should soon expect to see a boost in their economies as well. But while there is enough data to support the notion that Americans in large cities like New York City and...
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Paycheck Protection Payouts Give Taxpayers Plenty To Ponder
The Paycheck Protection Program (PPP), part of the $2 trillion Coronavirus Aid, Relief and Economic Security package (CARES), is intended to blunt the economic damage from the current pandemic. As CNBC reports, the payouts include a $5-10 million loan for the Archdiocese of New York, $350,000 to $1 million to the Ayn Rand Institute...
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Stem Cell Scammers Go Signature Harvesting
In 2004, voters passed the $3 billion Proposition 71, the California Stem Cell Research and Cures Initiative, which created the California Institute for Regenerative Medicine (CIRM). In the following 16 years, CIRM created none of the promised life-saving cures for Alzheimer’s and other diseases. Even so, with the $3 billion running out, CIRM went...
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California’s Legislators Commandeer Workers Comp in Coronavirus Fight
Down in Los Angeles, Mayor Eric Garcetti is deploying informers against those who dare violate stay-at-home orders. “You know the old expression about snitches, well in this case snitches get rewards,” Garcetti told reporters. “We want to thank you for turning folks in and making sure we are all safe.” Over in Malibu, police...
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Do You Live in a Sunshine City or a Sinkhole City?
Truth in Accounting has released its 2020 report on the Financial State of the Cities, which ranks the fiscal friendliness of the 75 most populous cities in the country according to their Taxpayer Burden or their Taxpayer Surplus. Here’s how the nonprofit fiscal watchdog group describes how it determines whether a city imposes a...
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$3 Billion State Stem Cell “Flop” Now Wants $5.5 Billion More
$5.5 billion is a lot of money, even for California, and especially for a state agency that Marcy Darnovsky describes as “a flop.” 
With California’s Public Pensions, Nothing Exceeds Like Excess
As they downsize and disappear, newspapers have avoided hard news on California’s pension crisis.
Shattering Federal Bureaucrats’ Shield of Executive Immunity
Executive immunity shields, not just the bureaucrats, but can also their entire departments from being held truly accountable.
The Adachi Papers: SF Police Raid Attacks Free Press and Reveals Hypocrisy
With police and public officials alike, California taxpayers should watch what they do, not what they say.
Contrary to News Reports, California Is Actually a Loser in Its 26-year Tax War Against Tech Inventor Gilbert Hyatt
Lower state income taxes, or their complete elimination, might encourage more creative entrepreneurs to remain in California.
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  • elindependent.org