Steve Stanek

Steve Stanek (sstanek@heartland.org) is a research fellow at The Heartland Institute and managing... (read full bio)

Obama Wants Lower Tax Rates, Fewer Deductions, More Revenue Overall

Steve Stanek

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February 22, 2012

U.S. businesses would have a lower tax rate but an overall higher tax bill under a proposal announced Wednesday by President Barack Obama.
Wyoming’s Best, New Jersey’s Worst for Business Tax Climate: Report

Steve Stanek

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February 13, 2012

Wyoming, South Dakota, and Florida have the best business tax climates in the nation, and New Jersey, New York, and California have the worst, according to the Tax Foundation’s “2012 State Business
Praise, Condemnation for $25 Billion Mortgage Foreclosure Settlement

Steve Stanek

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February 09, 2012

The deal to force the nation’s largest mortgage lenders to write down some home loans and refinance mortgages for “underwater” borrowers is drawing fire from various quarters.
Michigan Pensions Cover Missed Bond Payment for Film Studio

Steve Stanek

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February 02, 2012

The $80 million Raleigh Michigan Studios in Pontiac, Michigan missed a $630,000 bond payment that came due Feb. 1, forcing the Michigan Employees’ Retirement System to make the payment.
Report: Illinois Needs Urgent Reforms to Avoid Financial Disaster

Steve Stanek

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February 01, 2012

The Illinois state government could see its backlog of unpaid bills balloon from $9.2 billion to nearly $35 billion over the next five years unless major reforms are implemented soon, says an Illin
Budget Office Says Federal Workers Receive Higher Compensation

Steve Stanek

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January 31, 2012

Considering that four of the five wealthiest counties in these United States are in suburban Washington, D.C., it’s probably no surprise that the Congressional Budget Office has determined federal
Iran, India Apparently Arranging to Trade Oil for Gold to Skirt Sanctions

Steve Stanek

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January 30, 2012

Iran may be arranging to sell oil to India for gold instead of the U.S. dollar, according to intelligence reports out of the Middle East.
Economic Freedom Takes Step Back

Steve Stanek

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January 19, 2012

The 2012 Index of Economic Freedom, published Jan.
Housing Collapse Matches Great Depression Years

Steve Stanek

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January 19, 2012

The collapse in housing prices in the United States has virtually matched that of the first few years of the Great Depression, according to the Zillow Home Value Index.
Europe’s Downgrades: Message to America?

Steve Stanek

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January 18, 2012

With Standard & Poor’s having downgraded the government debt ratings of nine European nations in mid-January, some experts are saying there’s also a message for this nation’s federal, state, an
Credit Card Debt Increases Significantly

Steve Stanek

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January 18, 2012

Americans are borrowing and charging much more, according to the latest Federal Reserve G19 report released Jan. 9.
FISCAL PODCAST with Yaron Brook: The Moral Case for Capitalism

Steve Stanek

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January 17, 2012

The Ayn Rand Center's Yaron Brook says to defend freedom in our personal and economic lives, we need to defen
Boeing Betrays Kansas Despite Promises, Contract

Steve Stanek

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January 10, 2012

Aircraft maker Boeing last year won a $35 billion military contract to build mid-air refueling tanker planes, a contract the company said would support 7,500 jobs in Wichita, Kansas, where Boeing h
Illinois Receives Nation’s Worst Credit Rating

Steve Stanek

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January 09, 2012

Despite having imposed a record 67 percent increase in the personal income tax and 46 percent increase in the corporate tax in January 2011, Illinois state government’s debt situation continues to
Independent Panel Sees ‘Immense Risk’ in California High-Speed Rail

Steve Stanek

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January 05, 2012

Transportation experts and taxpayer advocates are hailing an independent review panel’s recommendation against borrowing to build a high-speed rail line in California, but the state’s rail authorit
Federal Regs Eat up $231 Billion, 133 Million Paperwork Hours

Steve Stanek

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January 04, 2012

Federal regulations in 2011 added more than $231 billion in regulatory costs to private businesses and state and local governments and required 133 million hours of paperwork, according to a report
Local Debt Stuns Cook County Treasurer—$108 Billion and Counting

Steve Stanek

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December 13, 2011

Households in suburban Cook County, Illinois, owe nearly $33,000 on average for local government debt, with households in the City of Chicago owing more than $63,000 on average, according to Cook C
Workers Compensation Claims Pour from Illinois Government Facilities

Steve Stanek

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December 10, 2011

As Illinois’ troubled workers compensation system drives jobs out of state, an Associated Press analysis has disclosed nearly one-third of the permanent disability awards to state government worker
FHA Highly Leveraged, Lacks Reserves to Cover Losses

Steve Stanek

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December 05, 2011

“How much money are the taxpayers supposed to throw at housing so people can put down 5 percent or less and pay a government-subsidized low interest rate?”
Louisiana Bans Real Estate Transfer Taxes

Steve Stanek

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December 05, 2011

Louisiana voters have approved an amendment to the state constitution to permanently ban real estate transfer taxes in the state.

Steve Stanek

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