“The explosive growth in government regulations impose huge costs on productive activities. The arbitrary way in which they are enforced causes more insidious damage. It corrodes the rule of law and creates serious distrust on the merits of winners and losers in the market place. In addition, this “arbitrary” enforcement does not take place…
“Details are hard to come by as they are not broken out in earnings reports, but a 2012 study from the Government Accountability Institute “Profits From Poverty” indicates that since 2004, 18 of the 24 states that contract with J.P. Morgan to provide welfare benefits have paid over half a billion dollars in fees. That…
Wall Street and Capitol Hill insiders are quaking in their Gucci loafers about a forthcoming government exposé slated to drop April 4th of this year. That is when the U.S. Government Accountability Office (GAO) will issue a report on so-called “political intelligence firms”— shadowy companies that hire former members of Congress, staffers, and other federal…
Consider a few of this year’s Oscar nominated films. According to a new report by the Government Accountability Institute, Quentin Tarantino’s controversial spaghetti Western, Django Unchained, featuring Jamie Foxx and Leonardo DiCaprio has applied to receive an estimated $8.4 million in film tax credits from the State of Louisiana. Actor-director Ben Affleck and producer George…
With America hurtling toward the fiscal cliff’s edge, Democrats and Republicans continue jockeying for position on whether to boost taxes on the rich, slash wasteful spending, or both. Common ground might be found in the $3.7 trillion municipal bond market. President Barack Obama has proposed limiting or ending the tax-exempt interest on municipal bonds for…