The new state budget authorizes 174 pork projects at a cost of $180 million. This sum is down from the last budget’s figure of $360 million and down from 2023 when lawmakers approved $1.8 billion in pork projects. While…
Tax policy can have unexpected consequences. To take one example, high excise taxes on cigarettes have fueled small- and large-scale smuggling, theft, counterfeit products and violence against both civilians and police.…
Lawmakers approved a new state budget that spends $50.3 billion in money from the state’s taxes and fees. This is a 3.8% increase from the budget passed last year and this year’s increase is above sustainable levels. Roads…
South Carolina is moving to reduce personal income tax rates and possibly to eliminate its income tax over time. Palmetto Promise, a Columbia-based policy institute, took a leading role in this movement, and Senior Fellow…
Jon Erwin’s “Young Washington” exceeded expectations in its opening weekend, taking in $19.7 million against a projected $15 million, drawing a 93% audience score on Rotten Tomatoes, and even winning some grudging respect…
Zoning. Building codes. Permitting. Taxes. Fees. All of the above and more are imposed by federal, state and local governments whenever someone wants to build a house. These costs add a lot to the cost of a home. You have…
Zoning. Building codes. Permitting. Taxes. Fees. All of the above and more are imposed by federal, state and local governments whenever someone wants to build a house. These costs add a lot to the cost of a home. You have…
This article originally appeared in The Detroit News June 9, 2026. A quiet, reserved man sat on stage, an acoustic guitar in his hands. “See if you can spot this one,” he said to the studio audience. The guitarist started…
The latest academic evidence suggests that economic development subsidies may create more crony capitalism than market capitalism. A new study published in “Small Business Economics: An Entrepreneurship Journal” adds to the…
The workhorse of the state’s business subsidy programs is not the one that gives out deals for hundreds of millions of dollars. Instead, it’s the program where assistance is limited to $10 million payouts, the Michigan…
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