July 2008 Volume 15 Number 7

Cherishing Meese: The Man and the Mediator

July 01, 2008

 By Patrick B. McGuigan

In a news story printed the day after Edwin Meese III resigned as U.S. attorney general in 1988, reporters for the Washington Post quoted a cluster of liberal critics—and me. Proudly dissenting from all the smears on his good name, I called him “the greatest attorney general of the United States in my lifetime.”

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Oklahoma Income Tax Revenues Continue to Rise

July 01, 2008

By Steve Anderson

The conventional wisdom-peddled by tax consumers and amplified by a largely sympathetic news media-says that, because of income-tax cuts signed into law in 2004, 2005, and 2006, Oklahoma's individual income tax revenues are declining.

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Who Is This Crazy Supply-Sider?

July 01, 2008

By Daniel J. Mitchel

"Supply-side" economics is the simple notion that tax rates affect growth. One of the key observations made by supply-siders is that policy makers should pay close attention to the relationship between tax rates, taxable income, and tax revenue-particularly since higher tax rates can reduce incentives to earn and report taxable income, which therefore means there is not a linear relationship between tax rates and tax revenue. There is even a "Laffer Curve" which shows that excessive tax rates can lead to less revenue, though the main use of the Curve is to show that higher tax rates will collect more money, but not as much as predicted by the simplistic models used by revenue estimators.

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Screeds, Myths, Mayhem-and Lawsuit Reform

July 01, 2008

By Patrick B. McGuigan In PR terms, recent months have been tough for America's trial lawyers. But not as tough as the mayhem inflicted on Oklahoma's economy as we lag behind the rest of the country in lawsuit reform. The 2008 state legislative session was notable for many things, including Gov. Brad Henry's dramatic exercise of his veto pen. Notable disap... Read More >

Oklahomans' Personal Income: An Analysis of the Private and Public Sector Components

July 01, 2008

By J. Scott Moody and Wendy P. Warcholik

Personal income is an important measure of Oklahoma's economic well-being. Fundamentally, personal income comes from two sources: the private sector and the public sector. Only the private sector-the proverbial "goose that lays the golden egg"-creates new income. The public sector can only redistribute income through taxes and spending.

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A Better Way to Help Autistic Children in Oklahoma

July 01, 2008

By Joshua Hall

One of the most hotly debated measures during Oklahoma's 2008 legislative session was Senate Bill 1537-colloquially referred to as "Nick's Law"-which would have required insurance companies doing business in Oklahoma to cover autism. Though the bill made it through the Senate, it did not make it out of committee in the House.

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Rescue Children from Sinking Ship

July 01, 2008

 By Brandon Dutcher

Another state legislative session has come and gone, and again this year the education establishment was able to squash legislation which would have given parents more school choices.

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A Time for Liberty and Independence

July 01, 2008

By Brett A. Magbee

The days surrounding the Fourth of July always invoke the essence of liberty. It's a time for fireworks and hot dogs and picnics with the family. It's a time for a celebration that really starts several days before and doesn't end until many days later. It's about Old Glory and parades and an appreciation visibly expressed by millions of Americans for our nation's independence.

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Quote/Unquote

July 01, 2008

Quote/Unquote "... a conservative group that ranks among the most influential in the state in terms of setting policy." The Oklahoman, referring to OCPA in a May 28 house editorial "It will never be known what acts of cowardice have been motivated by the fear of not looking sufficiently progressive." French poet and pol... Read More >

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