The article below reinforces the concept that our Center’s pension task force has been saying for many months … that state and municipal entities are dramatically understating the true scope of their unfunded pension liabilities. FROM THE NEW YORK TIMES, May 27, 2012 Public Pensions Faulted for Bets on Rosy Returns By MARY WILLIAMS WALSH […]
About Mike Stenhouse
Mike Stenhouse founded the RI Center for Freedom & Prosperity in 2011 and currently serves as CEO. Stenhouse earned a Bachelors degree in Economics from Harvard University, where he was also a two-time All-America baseball selection. A Cranston native who attended Cranston East, Stenhouse also enjoyed an 8-year professional baseball career, playing in the major leagues with the Montreal Expos, Minnesota Twins, and Boston Red Sox. Mike and his wife, Wendy, live in Cranston and have 3 sons.
Entries by Mike Stenhouse
TAX THE RICH? Imagine that the Red Sox decide to levy a tax on superstar players like David Ortiz. After all, it’s not fair that Ortiz should get all those at-bats where he can hit home runs, RBIs, and otherwise produce results for the team. No, instead, Ortiz should give 9.9% of his at-bats to players on the bench, who don’t get to play as much. FOR HOW LONG WOULD ORTIZ STAY IN TOWN?
Utilizing private-sector valuation, every locality in Rhode Island would be funded below 60 percent, according to this same Mercatus report. We question, then, why there should even be a “critical status” test in the legislation.
George Nee and RIFuture.org should be Called-Out for Promoting Misleading Info In promoting their plan to tax the rich, the Rhode Islanders for Tax Equity group recently put out a misleading video and chart attempting to equate a drop in Rhode Island’s income tax rates on the wealthy to the rise in the state’s unemployment rate. Absent any […]
Meet Jennifer Hushion. She’s one of the “rich” that some say we need to tax more. In our Center’s analysis of the ill-conceived “Tax The Rich” bill, we warned that not only would this tax harm our state’s fragile economy, but would also drive people, like Jennifer and her family, out of the Ocean State. Read […]
Our Center for Freedom has launched its new Journalism division – The Ocean State Current. Managing Editor is Justin Katz, who established AnchorRising.com as top political blog in the Ocean State. Check out stories and blogs at www.OceanStateCurrent.com …
MEDIA EVENT WHAT: State Report Cards Handed Out WHEN: Thursday, February 16, 3pm-4pm WHERE: RI Statehouse Rotunda Providence, RI — Legislators, staffers, and passers-by will have their competitiveness report cards handed out to them this afternoon at the Statehouse, but it is doubtful that many will want to take them home, as the Ocean State […]
The Governor’s proposed tax and fee increased will cost jobs for the Ocean State and will return less than 40% of the anticipated revenues due to depressed economic activity. Cutting taxes will produce jobs as well as boost our economy.
Excessive Government Worker Compensation Doubles the State Budget Shortfall, Reform would Disrupt the Union-Policymaker quid pro quo. A study released this week by the Goldwater Institute details the crippling financial impact of public-sector unionization. The study projects that a ban on collective bargaining and contracts could save Ocean State taxpayers $252 million per year in excessive government worker compensation. These […]
Visit the Closing The Gap home page here … Our Closing The Gap study has struck a cord with parents and students, as well as organizations either supporting or resisting comprehensive educational reform in Rhode Island. Below is a sampling: SUPPORTERS Rhode Island Statewide Coaltion (RISC) commends our think tank for bringing forth a significant education study The RI Statewide Coalition (RISC) […]