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OpenMarket: May 2020

  • California Lawmakers Mull Tax on Jobs

    May 29, 2020
    California’s lawmakers are nothing if not innovative. They keep coming up with new ways to help the state’s unemployment rate, currently 15.5 percent, nearly a full point above the national rate of 14.7 percent, scale even greater heights. One recent proposal is to literally start taxing jobs.
  • COP-26: U.N Climate Conference Delayed until November 2021

    May 29, 2020
    The United Nations Framework Convention on Climate Change announced on May 29 that its 26th Conference of the Parties, originally scheduled for November 9-19, 2020, has been rescheduled for November 1-12, 2021. The extravaganza will still be hosted by the British government in sunny Glasgow, Scotland.
  • There Is No Such Thing as "Safe"

    May 29, 2020
    Iain Murray has a great essay up at Law & Liberty today on why some groups of Americans are perceiving quarantine policies so differently from others. The reason is largely because different Americans have different value hierarchies—they prioritize different values when it comes to public policy.
  • IRS Relaxes Requirements for Renewable Energy Tax Credits—Coronavirus Edition

    May 29, 2020
    On May 27, the IRS issued a notice expanding the tax relief for renewable energy developers seeking to qualify for tax credits. Ironically, this announcement comes as the Energy Information Administration announced that renewables have surpassed coal as an electricity source in the U.S. This undercuts a key rationale for the renewable tax credits, which is that renewables they are an infant industry.
  • Executive Order on Social Media Threatens Property Rights and Free Speech

    May 28, 2020
    Today’s Executive Order on Section 230 liability protections for online platforms violates the First Amendment and property rights of social media companies, contradicts the most relevant case law, and ignores the actual language of Section 230 of the Communications Decency act.
  • House Democrats Drop Deregulatory Push over Union Opposition

    May 28, 2020
    The House of Representatives passed legislation Thursday to modestly reform $670 billion Paycheck Protection Program, scrapping the much broader reform of the PPP program the Democrat-led body had proposed just a week ago. For a brief moment, the Democrats were the pro-business, deregulatory party. That ended when their union allies told them to cut that out.
  • SAFE Rule Examined Part 5: Statutory Issues

    May 27, 2020
    This post examines some legal objections to the Final Safer Affordable Fuel Efficient (SAFE) Vehicles Rule and the Trump agencies’ rebuttals. Previous posts in this series examine the SAFE Rule’s potential impacts on climate change, air quality, auto safety, and consumer choice, and the agencies’ critique of the Obama administration’s 2012 motor vehicle rule.
  • Out Now: The 2020 Edition of Ten Thousand Commandments

    May 27, 2020
    The 2020 edition of Ten Thousand Commandments is out. Wayne Crews’s annual report gives a big picture view of the federal regulatory state. There has long been annual a federal budget for spending, but government regulations have no equivalent. Ten Thousand Commandments attempts to fill that gap until policy makers decide to follow basic transparency guidelines.
  • Presidential Panel on Social Media Bias Misfires

    May 26, 2020
    Last week, The Wall Street Journal reported that the Trump administration is considering forming a panel to investigate charges of discrimination against right-leaning users and content by social media platforms. Yet, there isn’t much proof of systemic bias against the right beyond the anecdotal.
  • Trump’s Executive Order on #NeverNeeded Regulations

    May 26, 2020
    In an op-ed in National Review, CEI Senior Fellow Ryan Young takes a look at President Trump’s new Executive Order directing agencies to get rid of #NeverNeeded regulations.

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