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Articles by Francisco Ferrisi
Halfway through the 119th Congress, CEI’s Agenda is turning into action
As the 119th Congress reaches its halfway mark, it is a good time to look back on what lawmakers have done in the past year. At the start of each Congress, CEI publishes a pro-growth agenda for Congress to serve as a governing roadmap for lawmakers.
Francisco Ferrisi
Francisco Ferrisi is the Government Affairs and Coalitions Associate at the Competitive Enterprise Institute. In this role, he works along with the Communications team to develop CEI’s relationship with Congress, the White House, federal agencies, and other stakeholders. Francisco was previously a Regulatory Research Assistant at CEI, where he worked on streamlining regulations in partnership with the Mississippi Secretary of State’s office.
Big Win in Arizona: Voters Approve Property Tax Refunds for Non-Enforcement of Public Nuisance Laws
Arizona voters have approved Arizona Proposition 312 to allow property owners to apply for a property tax refund to mitigate their costs incurred when a city or locality fails to enforce laws against vagrancy: “illegal camping, loitering, obstructing public thoroughfares, panhandling, public urination or defecation, public consumption of alcoholic beverages, and possession or use of illegal substances.” The official ballot language further states: “Property owners would be eligible annually...
Nevada Voters Wisely Reject "Ranked-Choice"
Nevada voters have wisely rejected Question 3, a “ranked choice” voting system. If it had passed it would have imposed top-five, “jungle” primaries and imposed “ranked-choice” voting for general elections. This measure would have crippled a state party’s ability to elect their own candidate to advance to the general election. Ranked-choice voting is an opaque system, riddled with problems, that fails to accomplish what a more straightforward run-off system can.
Oregon Voters Reject Corporate Minimum Tax Hike
Voters in deep blue Oregon have rejected Measure 118, a tax increase. A Yes vote supported “increasing the corporate minimum tax on sales exceeding $25 million by 3%, removing the minimum tax cap, and distributing increased revenue to Oregon residents who spend more than 200 days in the state.” But in a win for taxpayers, voted said No. The rejection is a loss for out of state progressives who dreamed of using the tax to impose a “Universal Basic Income” in the state.
Idaho Voters Reject Proposition 1, "Ranked-Choice" Voting Initiative
Idaho voters have wisely rejected Proposition 1, rejecting a “ranked choice” voting system. If passed the measure would have imposed a “jungle” primary system and “ranked choice” voting general elections. Ranked-choice voting is a complex and opaque system, riddled with problems, that fails to accomplish what a more straightforward run-off system can.
Missouri Voters Approve Amendment 7: Requires Citizenship to Vote and Prohibits "Ranked-Choice" Voting
Missouri voters have approved Amendment 7. Amendment 7 amends the Missouri constitution to add language to provide that “Only citizens of the United States over the age of eighteen who are residents of this state and of the political subdivision in which they offer to vote are entitled to vote at all elections by the people.” The measure also bans “ranked-choice” voting, a complex and opaque system riddled with problems.
Your Kamalanomics Cheat Sheet
$5 Trillion List of Tax Hikes Endorsed by Kamala Kamala to Impose Tax Hikes By Repealing Trump Tax Cuts: Kamala Vows to Repeal Trump Tax Cuts “on Day One” Kamala Can’t Stop Won’t Stop Lying About TCJA Trump Tax Cuts Are Vital to McDonald’s and Other Franchisees, Yet Kamala Vows to Repeal Those Tax Cuts and Raise the Corporate Income Tax Trump Tax Cuts Helped McDonald’s Expand Employee Tuition Benefits Kamala’s Corporate Income Tax Hikes — Tax Burden Hits Workers, Retirees, Consumers: Kamala...
Tax-Hiking Tim Walz Earns an "F" on Fiscal Policy Report Card on America's Governors
Kamala Harris running mate Tim Walz (D-Minn.) has earned the lowest score on the newly-released 2024 Fiscal Policy Report Card on America’s Governors, compiled and published by the Cato Institute. The strictly data-driven report shows Walz not only earned an “F” grade, his overall numerical score ranks dead last — 50th place — compared to other governors. He earned a score of just 19, a full ten points below the second-worst governor, New York’s Kathy Hochul (D).
132,900 Michigan Households Hit by Individual Mandate Tax Endorsed by Walz
Kamala Harris’s running mate Tim Walz endorsed an individual mandate tax, a steep middle class tax increase that would hit tens of thousands of Michigan households if re-imposed during a Harris-Walz administration. Walz voted to impose the individual mandate tax in the first place: He voted it into law as a House member in 2010.
107,000 Arizona Households Hit by Individual Mandate Tax Endorsed by Walz
Kamala Harris’s running mate Tim Walz endorsed an individual mandate tax, a steep middle class tax increase that would hit tens of thousands of Arizona households if re-imposed during a Harris-Walz administration. 107,360 Arizona households were hit with the individual mandate tax in 2017, according to IRS statistics. 74% of households hit with the individual mandate tax nationwide made less than $50,000.
153,220 Pennsylvania Households Hit by Individual Mandate Tax Endorsed by Walz
Kamala Harris running mate Tim Walz endorsed an individual mandate tax, a steep middle class tax increase that would hit tens of thousands of Pennsylvania households if re-imposed during a Harris-Walz administration. Walz voted to impose the individual mandate tax in the first place: He voted it into law as a House member in 2010.
142,000 North Carolina Households Hit by Individual Mandate Tax Endorsed by Walz
Kamala Harris’s running mate Tim Walz endorsed an individual mandate tax, a steep middle class tax increase that would hit tens of thousands of North Carolina households if re-imposed during a Harris-Walz administration. Walz voted to impose the individual mandate tax in the first place: He voted it into law as a House member in 2010.
Tim Walz Snitch Hotline Shows He Doesn't Mind His Own Business
Walz turned neighbors against neighbors and angrily said, “It’s for their own good.” Examples from his snitch hotline Kamala Harris running mate Tim Walz set up a government snitch hotline and asked people to narc on their neighbors. When some Minnesotans asked him to remove it, he refused and said: “It’s for their own good.” Is that neighborly? No. Is that “minding your own damn business”? No. Is it typical of Walz’s arrogant, heavy-handed governing philosophy? Yes.
Kamala’s Venmo Tax Trap
If you use Venmo, PayPal, or CashApp, you could be in for a rude awakening next tax season. Due to Kamala Harris’s tie-breaking vote in 2021, the IRS will soon force users of peer-to-peer online payment apps to deal with additional paperwork – whether they owe taxes on the payments or not. Imagine this: you sell a few items on Facebook Marketplace or split an Airbnb with friends. Come next year, a new 1099-K tax form will land in your inbox, and that’s just the beginning of your headache.
Americans Oppose Unrealized Gains Tax 3-1
Vice President Kamala Harris wants to impose a tax on unrealized gains. But seven of 10 Democrats oppose taxing unrealized gains, as do three out of four independents, according to the most comprehensive study ever conducted on the issue. The study consisted of 5,000 respondents. The researchers found: Across all demographic groups, Americans strongly oppose taxing unrealized gains: 69% of respondents identifying as Democrats are opposed to taxing unrealized gains.
Trump Calls Out Kamala’s Unrealized Gains Tax: “The only ones who are going to make money are appraisers and accountants.”
Donald Trump ripped Kamala Harris’s vow to impose an unrealized gains tax on the United States during a town hall in Flint, Michigan on Tuesday. Trump said: “I don’t know how they can possibly administer it. The only ones who are going to make money are appraisers and accountants,” Click here to view.
Kamala Harris Will Break Her Middle Class Tax Pledge
Every Democratic President over the last 30 years has pledged not to raise middle-class taxes, only to break that promise once safely in office. Kamala Harris will do the same. Kamala Harris claims she will not raise any tax on any American earning less than $400,000 per year. The Harris pledge has no credibility, and she will break the pledge. First, Harris has repeatedly vowed to repeal the Tax Cuts and Jobs Act “on day one.” Harris has never retracted these statements.
Kamala Harris Would End Wisconsin’s Right to Work
As Labor Day approaches, Wisconsinites should be aware that Vice President Kamala Harris has vowed to ban Right to Work nationwide. Harris said: “Banning Right to Work laws. That needs to happen.” She officially supports legislation to ban Right to Work, as does Sen. Tammy Baldwin (D). Details below. Currently, Wisconsin law protects Right to Work: No person may require, as a condition of obtaining or continuing employment, an individual to do any of the following: 1.
Kamala Harris Would End Arizona’s Right to Work
Arizona has been a Right to Work state since 1946. As Labor Day approaches, Arizonans should be aware that Vice President Kamala Harris has vowed to ban Right to Work nationwide. Harris said: “Banning Right to Work laws. That needs to happen.” She officially supports legislation to do so (details below).
"The Bear" of Kamalanomics: How Chicago's Iconic Italian Beef Got Chewed Up by Inflation
As the DNC convention kicks off, it’s a prime moment to spotlight how Kamala Harris’s economic policies have hit Chicagoans in the stomach. Harris cast the deciding vote for the inflation-causing American Rescue Plan and the Inflation Reduction Act. Since Harris took office in January 2021 the nationwide price for a pound of uncooked beef roast has risen over 30% from $5.86 to $7.64 according to the Bureau of Labor Statistics.
Walz Doubled Boat Registration Fees Despite Huge Surplus
The Walz 100% boat fee hike hits middle class as half of Minnesota boat owners make less than $100k. He even imposed a kayak and paddleboard fee hike. Kamala Harris running mate Tim Walz doubled Minnesota’s boat registration fees, imposing higher costs on middle class households after blowing through an $18 billion budget surplus. 48% of MN boat owners make less than $100k per year, according to the Minnesota Department of Natural Resources.
Kamala's Inflation Has Raised the Price of Philadelphia Cheesesteaks
Kamalanomics at work Vice President Kamala Harris will speak at a rally tonight in Philadelphia, where the Biden-Harris inflation has hit pocketbooks hard: 20% cost of living increase since Harris took office in January 2021. The consumer price index (which measures the overall average change in prices for a basket of goods) increased by a record-breaking 20% in the Philadelphia metro area. Inflation is felt at every level of the economy.
Persistent FAFSA Delays Highlight Biden Admin’s Historic Incompetence
Under the Biden administration, the Free Application for Federal Student Aid (FAFSA) program has faced significant delays, creating a chaotic landscape for prospective college students and their families. The 2024-2025 academic year rollout saw a massive delays after the Department of Education announced a miscalculation in the formula for calculating student need.
ATR Applauds Fifth Circuit Ruling to Strike Down Onerous Private Funds Rule
Today, the U.S. Court of Appeals for the Fifth Circuit vacated a final rule issued by the Securities and Exchange Commission (SEC), which would have unlawfully regulated private funds like public funds (e.g., mutual funds). The court found the final rule to go beyond the SEC’s statutory remit. The rule was another example of the executive branch circumventing elected officials in Congress to pursue a big-government political agenda. Private funds are fundamentally different from public funds.
Targeted News Service
Americans for Tax Reform Issues Commentary: Bipartisan Healthcare Solutions: How Site-Neutral Payments Could Save Billions in Medicare Costs May 17, 2024 WASHINGTON, May 17 (TNSres) -- Americans for Tax Reform issued the following commentary: Bipartisan Healthcare Solutions: How Site-Neutral Payments Could Save Billions in Medicare Costs Imagine that your favorite local diner is bought by a large franchise, and the price of your usual sandwich doubles, even though it's the same sandwich, with...
Bipartisan Healthcare Solutions: How Site-Neutral Payments Could Save Billions in Medicare Costs
Imagine that your favorite local diner is bought by a large franchise, and the price of your usual sandwich doubles, even though it’s the same sandwich, with the same underlying costs. This mirrors what happens in healthcare, where prices increase for the same services when a physician practice is acquired by a hospital. Under the current system, Medicare erroneously pays hospital-owned facilities up to 217 percent more than other types of medical practices for the same procedure.
Biden’s Student Loan Cancellation Plan Will Only Worsen a Larger Problem in Higher Education - Americans for Tax Reform
Last week, President Biden visited Madison, Wisconsin where he announced new details for his student debt cancellation plan. While this initiative promises immediate short-term financial relief, it avoids addressing the deeper systemic issues plaguing American higher education.
ATR Supports Bipartisan Bill that Expands Health Savings Accounts
In February, the House of Representatives placed H.R.5688, the Bipartisan HSA Improvement Act, on the Union Calendar making it eligible for floor consideration. This recent movement marks the latest step for the bill since Rep. Lloyd Smucker (R-Penn.) and Rep. Earl Blumenauer (D-Ore.) introduced it to the Ways and Means Committee back in September of last year. A Health Savings Account (HSA) is a type of savings account that allows you to set aside money for qualified medical expenses.
Shifting the Burden: Reps. Finstad, Moran Introduce Bill to Empower Small Businesses
At the beginning of February, Congressman Brad Finstad (R-Minn.), Congressman Nathaniel Moran (R-Texas.), and Congresswoman Yadira Caraveo (D-Colo.) introduced H.R. 7198, the Prove It Act of 2024. This legislation would provide small businesses with a mechanism to compel federal agencies to analyze the economic impact of their regulations, enhancing protections under the Regulatory Flexibility Act (RFA).
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