Joseph Coletti

Senior Fellow

Posts by Joseph Coletti (page 30)

  • Doing less to achieve more in Charlotte

    Bank of America CEO Brian Moynihan told Charlotte business leaders “we have a duty” to improve economic mobility. But the “21 key strategies, 91 recommendations, and over 100 implementation tactics and policy considerations” proposed by a Task Force earlier this year leave too many barriers to mobility in place. I…
    Joseph Coletti, December 13, 2017
  • A history of federal entitlements

    John Cogan explains how federal entitlements have always grown in his new book, The High Cost of Good Intentions. He told stories of veterans’ benefits, FDR’s early opposition to entitlements, the “theatrical sham” of the Social Security Trust Fund on EconTalk with Russ Roberts. You can see the growth…
    Joseph Coletti, December 11, 2017
  • Hold on, have faith, retain standards

    The recent spate of sexual assault and harassment stories, detailing decades of transgressions by previously well-respected men, may be a sign of a return to morality. Society has rediscovered some limits to acceptable behavior. There are limits to acceptable corporate and government behavior as well. Charles Horn, a former state…
    Joseph Coletti, December 11, 2017
  • Can states develop better welfare work requirements?

    Workforce participation has stalled or declined among men and women of prime working age. Edward Lazear of Stanford University says 1.5 million jobs are simply “missing”. Existing work requirements for welfare programs have had limited success. Brookings Institution scholar Ron Haskins says in a recent paper the federal government…
    Joseph Coletti, December 8, 2017
  • What will happen to high-tax states?

    Ray Dalio’s team projects life without the state and local tax deduction will result in higher effective taxes in high tax states, more flight from those states and lower tax collections. The Wall Street Journal sees some of the effects in California, where Gov. Jerry Brown argues that…
    Joseph Coletti, December 8, 2017
  • Comparing tax packages

    Gov. Roy Cooper took to Medium today to rail against Republican tax reforms in North Carolina and in Congress. His comparisons fall flat, however, because his comparisons for North Carolina start after the $1 billion reduction in sales taxes, passed over Gov. Perdue’s veto, that had a larger impact…
    Joseph Coletti, November 30, 2017
  • How might tax reform affect the middle class?

    The New York Times uses the Open Source Data Center’s TaxBrain to see what the tax plans in Congress would mean for 25,000 middle class families. The results are fun to explore and informative, even if not surprising. It’s a mixed bag for families who itemize deductions,…
    Joseph Coletti, November 30, 2017
  • Can government restore marriage and the family?

    “Marriage is in excellent shape, but only among the well-off,” The Economist declares in a recent editorial on the state of marriage around the world. “Elite couples delay tying the knot to allow time to get established in a career, but they still tie the knot before having children.”…
    Joseph Coletti, November 29, 2017