by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Free Markets
U.S. manufacturers say uncertainty about the “fiscal cliff” of impending tax increases and spending cuts is standing in the way of the robust job growth that is needed to lower the unemployment rate. On the heels of June’s disappointing jobs report, the leading trade...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Free Markets
Governor Tom Corbett has signed a law that eliminates the Pennsylvania inheritance tax on farmers. Before now, children who inherited the family farm had to pay an inheritance tax of 4.5 percent. Those who inherited farmland from a sibling had to pay almost triple...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Free Markets
As Governor Corbett and Harrisburg lawmakers try to lure a natural gas processing plant to Beaver County, near Pittsburgh, others seek to revive a shuttered Sunoco refinery in suburban Philadelphia by connecting it to the shale gas boom. The...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Debt is the surest and shortest path to a global economy. Punishing all actors in local economies but those who are “too big to fail” empowers “too big to fail” systems and “too big to fail” economies. Encouraging debt and the eventual assumption of debt passed on and...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Free Markets
Best States for Business The Tax Foundation recently released their index of states providing the friendliest tax climates for business and states which need to work on their hospitality. Looking at five areas of taxation impacting business (corporate taxes,...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
American International Group (A.I.G), the recipient of the largest federal bailout ever, is suing the U.S. for a tax overpayment, according to media reports. The insurance giant, which collapsed during the 2008 financial crisis, says it is owed $30.2 million in...