Articles by Phil Kerpen
National Review Online | Spending | State Taxes and Spending
Government should have nothing to hide from those who fund it.
By Phil Kerpen
A movement toward greater openness and transparency in government spending is sweeping the country. It began last year with federal legislation to create a website with a publicly searchable database of all federal grants and awards. This year it has taken hold at the state level, with similar measures moving in at least 17 state legislatures. These initiatives have broad bipartisan support and few public opponents, although it remains to be seen whether they can overcome entrenched special interests and be enacted into law.
Labor | St. Cloud Times
By Phil Kerpen
A group called Americans United for Change is taking to the airwaves with attack ads, vowing to punish members of Congress for a recent vote.
Minnesota 6th District Rep. Michele Bachmann is in the group’s crosshairs because she put sound public policy above caving to union bosses.
Ft. Worth Star-Telegram | Miscellany
By PHIL KERPEN
In our free-market system, there should be a strong presumption against government interference with deals in which both sides expect to benefit.
There are sound business reasons to believe that TXU will create more value for the Texas economy and its shareholders as a private company than it has as a publicly traded company. This will allow the company to set longer time horizons and will free it of onerous federal regulations that are hamstringing public capital markets.
Miscellany | National Review Online
For the sake of prosperity, the Texas legislature should not derail the TXU deal.
By Phil Kerpen & Peggy Venable
Last month a consortium led by Kohlberg, Kravis, and Roberts announced the largest private-equity deal in U.S. history, a $45 billion transaction to take TXU, the Texas electric utility, private. TXU manages a portfolio of competitive and regulated energy businesses, and the deal includes price cuts, price protections, investments in alternative energy, and stronger environmental policies. But the size of the deal has sparked a backlash, and its fate is now in the hands of the Texas legislature.
Examiner | Technology
Mar 26, 2007 3:00 AM
BALTIMORE - Proponents of regulating the Internet under a network neutrality regime descended on the Maryland Capitol recently, trying to take advantage of an overwhelming Democratic advantage to try to set an example for the rest of the nation. Fortunately for Marylanders and all Americans, they were routed. As it became apparent that his network neutrality bill would suffer decisive defeat in a body where Democrats hold a 108 to 33 advantage, Del. Herman Taylor Jr., D-14, withdrew his bill. The lesson here is that Google and MoveOn.org can appeal to Democrats thematically on this issue, but sensible legislators abandon them when they learn the facts.
Chicago Tribune | State Taxes and Spending
By Phil Kerpen
Mayor Richard M. Daley and Gov. Rod Blagojevich are right to criticize each other's tax plans, but they're wrong about the state's need for higher taxes.
A tax on gross business receipts, supported by Blagojevich, would drive businesses away from Illinois in droves and force people to pay more at the cash register. An income tax hike, supported by Daley, would take money out of taxpayers' pockets and lower the after-tax rewards for work, savings and investment, leading to less economic activity.
The only meaningful way to lower the tax burden for Illinois families is to root out wasteful pork, impose limits on spending growth at the state and local levels and enact real education reforms that put parents, not bureaucrats, in control of public education.