Results from national polling company Gallup’s annual governance survey suggest that a growing number of Americans believe that government’s interference in their lives has grown too large. Surveying randomly selected individuals across the nation, researchers found that 49 percent of Americans feel that government is too active in their lives, while only 22 percent say that government should play a larger role in everyday life.
Over the past 12 years, Gallup’s polling has found a relatively steady increase in the number of everyday people feeling the squeeze of government regulations. Excluding a two-year “rally effect” — attributed by researchers to pro-government sentiments sparked by the 2001 World Trade Center terrorist attacks — more and more Americans have expressed that the government has intruded into too many aspects of their lives.
Likewise, the proportion of surveyed citizens believing that government enacts the “right amount” of, or “too much” regulation...
A hot topic of discussion amongst taxpayers and public employers alike is how to properly manage our public employee pension systems and make sure that pension obligations are met.
In June 2012, the Government Accounting Standards Board (GASB) issued Statement 68, requiring governments that provide defined benefit pensions to recognize their long-term obligation for pension benefits as a liability on their financial statements.
In Ohio and across the country, public employees provide their...
Earlier this month, the U.S. Department of the Treasury announced new rules to limit tax benefits for US companies merging with foreign corporations or moving their global headquarters overseas to avoid the country’s double taxation of profits.
Known as “corporate inversions,” such arrangements were recently brought to the public eye when Miami-based Burger King purchased the Canadian breakfast-food chain Tim Horton’s.
Often, the motivation for an inversion is the...