Economy

Businesses (And Workers) Are Thankful For Texas As Charles Schwab Calls It Quits On California

California’s population is 38% larger than Texas’, but since 2008, Texas has added about 100,000 … [+] TEXAS PUBLIC POLICY FOUNDATION, DATA FROM THE U.S. BUREAU OF LABOR STATISTICS Charles Schwab (NYSE: SCHW), the San Francisco-based financial services firm that pioneered low-cost stock trades, is moving to Texas. The announcement follows news yesterday that Charles Schwab will...

November 26, 2019
Energy & Environment

Blackout-Prone California Is Exporting Its Energy Policies To Western States, Electricity Will Become More Costly And Unreliable

California is again facing widespread blackouts. Politicians are scrambling to assign blame to Pacific Gas & Electric (PG&E) a heavily regulated utility that can only do what the politically appointed regulators say it can do. In recent years this has meant building a bunch of solar and wind projects, while decommissioning reliable sources of power and...

November 19, 2019
Taxes & Spending

New Study on Film Incentives Finds Little Effect on Location, Jobs

A recent study on state film incentives (SFIs) examined their effects on filming location for TV series and feature films, employment, establishments, wages, and related industries—hotels, caterers, costumes, buildings, and transportation rentals. The study’s results indicate that the taxpayer dollars handed out to TV and movie productions to generate economic development could have little to no...

November 19, 2019