Enjoy a selection of my commentaries below. To see the full listing of commentaries, please click here.
Tax limits bring economic growth
Yesterday was tax day for millions of Americans — as they filed their federal income tax returns. According to IRS estimates, individuals spend about 1.7 billion hours on tax-related paperwork; businesses spend another 3.4 billion hours. The Tax Foundation estimates the cost of compliance with federal tax laws will approach $200 billion this year. Yesterday…
Finding an upside in the downsizing
During the past 10 years, Fortune 500 companies have been job killers, not job creators. Since 1980, those large companies have lost more than 3.5 million jobs while small and medium sized companies have created more than 22 million new jobs. However, the downsizing of America’s largest business enterprises has two faces. It’s part of…
Immigrants help Golden State go
California’s “comeback economy” has been getting a lot of ink. But terms like “comeback” and “recovery” are grossly misleading. Examples: California’s construction industry has not recovered. Its aerospace industry has not recovered either — and isn’t likely to. Instead, the California “recovery” is more like a transformation — a molting or mutation. Reason: The California…