Fiscal Intelligence

Fiscal analysis that enables educators, small business owners, and community organizers to make informed decisions.

The Educational Impact of Broadband Sudsidies for Schools Under ERate

“The “universal service fund” pays for E-Rate with a 17.9 percent tax on long distance telecommunications. The term may sound odd; “long distance” is an artifact of the past for most Americans. However, international calls over the plain old telephone network are still made, mostly by Latin American migrants living in the U.S. The telecommunications levy hits them particularly hard. More affluent households, on the other hand, use Facetime, Skype and other apps that avoid the tax.”

http://www.politico.com/agenda/story/2016/08/stop-spending-money-connecting-schools-to-the-internet-000191

 

I don’t want to see homeless riff-raff

“The wealthy working people have earned their right to live in the city.”

High-Tech Employees “No Poach” Antitrust Litigation

“a) Maintaining approximate compensation parity among employees within the same employment categories (for example, among junior software engineers);
b. Maintaining certain compensation relationships among employees across different employment categories (for example, among junior software engineers relative to senior software engineers)”

Gleevec

“The amount patients pay can vary widely depending on their insurance plan, and Halford’s cost started at $500 a month, but within a year the drug she needs to stay alive was costing her more than $800.”

Repatriation Tax Holiday a ‘Failed’ Policy

“The 15 companies that repatriated the most after the 2004 tax break on the return of overseas profits later cut a net 20,931 jobs between 2004 and 2007 and slightly decreased the pace of their spending on research and development, found the report surveying 19 companies’ activity.”

How Apple Sidesteps Billions in Taxes

“Even among tech companies, Apple’s rates are low. And while the company has remade industries, ignited economic growth and delighted customers, it has also devised corporate strategies that take advantage of gaps in the tax code, according to former executives who helped create those strategies.”

 

High School Graduation Rates

“Nationwide, charter schools reported an average graduation rate of 70 percent. Hawaii, Arizona, Indiana, Ohio and California have the highest percentages of low-graduation-rate charter high schools.”

Immigrants and Billion Dollar Startups

“Examining the stories of successful startup businesses finds each co-founder often brings something special to the table that allowed the company both to get off the ground and then thrive.”

BIS Quarterly Review– March 2016

“In real terms, the US policy rate had been negative since 2008 (Graph 1, left-hand panel). The Federal Open Market Committee (FOMC) signalled that the shortfall of inflation below its 2% objective, and uncertainty surrounding economic conditions more broadly, were expected to warrant only gradual increases in the federal funds rate. Nonetheless, the decision marked a turning point in an era of extraordinary monetary accommodation.”

2016 Edelman Trust Barometer