Carl Icahn, one of America’s most well-known investors, has summoned the movers, joining what, in an average year, adds up to almost a half-million New Yorkers looking for a better place to live. As with the largest share of former Empire Staters, Icahn is moving to Florida, a state with no personal income tax. Icahn...
More than half of California voters have thought about moving out of state, according to a new poll from the Institute of Governmental Studies at U.C. Berkeley. A full 74 percent of the state’s very conservative voters say they’re looking into moving, and 84 percent of those cite California’s political culture as their rationale for leaving. Unsurprisingly,...
A U.S. district judge today dismissed a lawsuit brought by Connecticut, Maryland, New Jersey and New York against the big tax cut signed into law by President Trump in December 2017. Judge J. Paul Oetken has been a U.S. District Judge for the Southern District of New York since President Obama appointed him in 2011. The case, State...
Demographics is political destiny. Or, at least that’s what they want you to believe. The fact is that in politics, just as in events that are eventually chronicled as a nation’s history, nothing is certain; individuals have a role to play as do other, larger factors, such as the economy and international affairs. One reason...
A new cottage industry has sprung up among political punditry. In dozens of articles, analysis pieces and opinion columns, the new conventional wisdom is that urbanization, an influx of blue staters attracted to jobs and a low cost of living, along with international immigration are combining to inexorably turn Texas blue. The blue Texas theme...
Job growth in the 27 states with low state and local taxes continues to double the pace of employment gains compared to their high-tax peers. From December 2017, the month President Trump signed the Tax Cuts and Jobs Act into law, through August 2019, the 27 states with the lowest taxes on individuals generated 3.77%...
The U.S. Bureau of Labor Statistics issued its Consumer Price Index update for August, showing prices rose 0.1% in August with prices up 1.7% from a year earlier before seasonal adjustment. This was a slowing of the pace of inflation from July when prices climbed 0.3%. Of note, given the highly publicized fears that U.S. tariffs on...
According to the U.S. Department of Housing and Urban Development (HUD), California had about 130,000 people without a home in 2018. Oddly, Gavin Newsom, California’s governor and former San Francisco Mayor, laid the homeless problem squarely at the feet of… Texas. PolitiFact rated Gov. Newsom’s claim as “Pants on Fire” and “ridiculous.” So, what is the nature of...
The U.S. Census Bureau issued its annual reports on poverty in America on Sept. 10. Once again, California had the nation’s highest poverty rate, 18.2% over the last three years surveyed, using a measure of poverty that accounts for regional cost differences and a larger array of government welfare and expenses. California’s Supplemental Poverty rate was proportionately...
It wasn’t supposed to be this way. Georgetown, Texas – population 75,000 – was to be the new poster child of the green movement. Environmental interest in Georgetown’s big push to generate all of its electricity from wind and solar power was amplified by three factors: the town and its mayor were nominally Republican; Georgetown is...
The four strongest large metropolitan areas for job seekers, with nonfarm employment up by at least 3% in the 12 months ending in July are Orlando, Florida; Dallas-Fort Worth, Texas; Seattle, Washington, and; Houston, Texas. The top four large metropolitan areas with more than a million nonfarm workers are in states without an individual income...
According to newly published survey information from the U.S. Bureau of Labor Statistics (BLS), Americans born in the years 1957 to 1964 held an average of 12.3 jobs from age 18 to their 52. Lest you think that the latter part of the Baby Boom generation is composed of a bunch of job hoppers, BLS says that...