Is the Gas Tax a Sustainable Revenue Source for Roads?

By Giovanna da Silva Millions of Americans depend on roads in their everyday lives. US roads handle 8 billion miles of traffic per day. For most of America’s contemporary history, federal, state, and local governments have maintained and funded roads. Currently, there are 4 million miles of public road in the country. Gas taxes and … Continue reading Is the Gas Tax a Sustainable Revenue Source for Roads?

How Israel’s Crony Capitalism Undermines Its Reputation as a “Start-up Nation”

By Kristen Carpenter Israel is often nicknamed as the “start-up nation” for its thriving high-tech industries and successful entrepreneurial ventures. Unfortunately, the country is also known for its protectionist policies in the economic sector. A report by the Brookings Institution found that Israeli industries have above-average market concentration rates across all sectors, including manufacturing, real … Continue reading How Israel’s Crony Capitalism Undermines Its Reputation as a “Start-up Nation”

Jones Act Protectionism Hinders Puerto Rican Recovery Efforts

By Giovanna da Silva On September 16, Category 5 Hurricane Maria made landfall on Puerto Rico with sustained winds of 155 miles per hour. Maria set the record as the strongest hurricane to hit the island in 89 years. With millions of displaced Puerto Ricans desperately in need of basic essentials, such as oil, food, … Continue reading Jones Act Protectionism Hinders Puerto Rican Recovery Efforts

The Jones Act is Sinking the Growth of American Industries

By Giovanna DaSilva The Merchant Marine Act of 1920, commonly referred to as the Jones Act, is a law enacted to protect the United States’ maritime industry, regulate commerce, and bolster national defense. While well-intentioned, the act fails to reflect the current needs of the United States. Repealing the Jones Act would prove beneficial to … Continue reading The Jones Act is Sinking the Growth of American Industries

Defunding Florida’s Film Industry Incentives was Example of Evidence-Based Policy

By Marisa Lupica and Matt Kelly States have been competing fiercely for movie productions with tax incentives since the early 2000s. Such incentives include cash grants, income tax credits, sales tax rebates, or payroll tax credits. Today, 37 states offer tax incentives for film productions. However, recent economic research shows that film tax incentives fail … Continue reading Defunding Florida’s Film Industry Incentives was Example of Evidence-Based Policy

Regulators Adapt to the Sharing Economy

By Matt Kelly The so-called “sharing economy” has revolutionized the way people travel, lodge, eat, and work through companies such as Uber, Lyft, Airbnb, and OpenTable. Buyers and sellers are increasingly transacting on online platforms that use a mix of demand pricing, reputation mechanisms, and computer algorithms to match users. This innovation represents a dramatic challenge … Continue reading Regulators Adapt to the Sharing Economy

New Study Explores Crony Capitalism in Florida

A new study published by The James Madison Institute by DeVoe L. Moore Center Policy Analyst Matthew Kelly and Center Director Samuel Staley explores two examples of crony capitalism in Florida's government policy: sports stadium subsidies and film tax incentives. The authors urge Floridians to remain vigilant over the spending of their tax dollars by government … Continue reading New Study Explores Crony Capitalism in Florida

Local Government Revenue Indicates Sluggish Recovery for Florida’s Businesses

By Benjamin Petersen and Matthew Laird Revenue collected by Florida’s local governments has grown dramatically in the last few decades, raising the importance that Floridians have an accurate understanding of how our governments raise and spend taxdollars. Revenue collected by local governments from permits, fees, and licenses is of particular importance for Florida’s business and … Continue reading Local Government Revenue Indicates Sluggish Recovery for Florida’s Businesses

Decision-making in a Community Redevelopment Agency

By Casey Barr As discussed in a previous blog post, Community Redevelopment Agencies (CRAs) are a form of special district government that funds local redevelopment projects with taxpayer subsidies. But how are spending and organizational decisions made in a CRA? (Source: City of Tallahassee. Available at: https://www.talgov.com/cra/CRAHome.aspx) CRAs can only be established when two governmental units, such … Continue reading Decision-making in a Community Redevelopment Agency

Special District Spending Priorities and Political Entrepreneurship

By Matt Kelly and Tyler Worthington Special districts are small local governments created by state statute or local ordinance to fulfill a particular purpose in a specified geographic area. Some special districts control the mosquito population in an area, while others are in charge of things like fire protection, library administration, or utility services. Unlike … Continue reading Special District Spending Priorities and Political Entrepreneurship