The trend of recentresearch clearly shows that high taxation has a negative effect on the growth of personalincome, especially at the margins where the poor reside. There are also a number of studiesshowing that high taxes reduce job opportunities and sometimes lead to higher unemployment.
Uproar Over Texas Divesting from BlackRock Shows ESG Activists’ Disdain for the Rule of Law
On March 19, Texas State Board of Education (SBOE) Chairman Aaron Kinsey issued a statement that the Texas Permanent School Fund (PSF), one of the largest and oldest education endowments in the country with over $53 billion in assets, was moving $8.5 billion from BlackRock to other asset managers. Chairman Kinsey noted in the statement...