Category: ALEC

Economist: ‘Revolution’ in States’ Tax Cuts

March 7, 2023
ALECBusiness & MarketseconomyEpochTVincome taxJonathan WilliamsNTD BusinessPolicies & Impactstax cutUSUtahVideoWest Virginia
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West Virginia’s governor is expected to sign a bill that passed the state House this weekend. According to the Wall Street Journal, the bill would cut income tax rates by about 21 percent altogether. In Utah, the state legislature approved a $400 million tax cut package. Axios reports, if Utah’s governor signs it, it could save a…

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State Legislators Grappling to Address Big Tech Censorship

August 10, 2021
ALECBig TechFacebookState legislatorsTwitterUSUS News
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States are busy looking for ways to curb Big Tech’s outsized power as Google, Facebook, and Twitter have ramped up censorship in recent months. Confronting tech censorship, however, has been especially challenging for free-market minded legislators who struggle to achieve the right balance between regulating social media platforms and promoting innovation and free enterprise. State…

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State Legislators Blast Federal Overreach, Calling It Biggest Threat

August 2, 2021
ALECArchivedfederal overreachmask guidanceNewsState legislatorstax cutsUSUS News
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The pandemic exacerbated the trend of growing federal power, and Republican state legislators are concerned about it. New mask guidance has spurred a backlash from local leaders who are now anxious about the possibility of further restrictions, including a vaccine mandate and new lockdowns. In addition, a number of states are fighting against federal restrictions included in the COVID…

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Unfunded Pension Liabilities Have Increased by More Than $900 Billion

July 3, 2021
ALECBusinessEconomieseconomyunfunded pension liabilitiesUnited StatesUSUS News
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Article by Cristian Bustos According to a report by the American Legislative Exchange Council (ALEC), unfunded state pension liabilities in the United States total $5.82 trillion, equivalent to more than $17,000 for every person in the United States. This represents a $900 billion increase from the council’s last year report. Q1 2021 hedge fund letters, conferences…

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