Posts Tagged ‘tax-rate increases’

Government Hides Money, Cont’d


Wednesday November 21st, 2012   •   Posted by K. Lloyd Billingsley at 8:00am PDT   •   3 Comments

As we noted in July, the California Parks Department managed to hide $54 million for 12 years. For more than a decade, the California Department of Finance, responsible for such matters, failed to find the money. But apparently performance has improved. The same Finance Department managed to find an additional $1.4 billion available for…
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The Recession and “Regime Uncertainty”


Sunday September 5th, 2010   •   Posted by Robert Higgs at 11:23pm PDT   •   0 Comments

Regime uncertainty has gained increasing recognition as the current economic troubles have persisted with little or no improvement since the economy reached a cyclical trough early in 2009. As described in my 1997 paper, regime uncertainty pertains to “the likelihood that investors’ private property rights in their capital and the income it yields will…
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