Free Republic

We’ve finished economist Arthur Laffer’s new book, Eureka! How to Fix California, which he delivered to the Register this morning in person while visiting with our Editorial Board. It’s a good. But in a sense it’s a wonder why people have to devote countless hours of research to study such stuff, when the conclusions are so intuitively obvious. In short . . .

Two US politicians have proposed tax breaks in an attempt to stop TV and movie productions going to Canada or elsewhere. A recent study estimated that "runaway production" cost the US as a whole $10 billion, as studios seek to save cash by taking advantage of more generous tax regimes elsewhere. Recent Hollywood films shot in Canada include leading Oscar nominee Chicago, Catch Me If You Can starring Leonardo DiCaprio and George Clooney's Confessions of A Dangerous Mind. TV hits which moved to Canada include The X-Files, Smallville and 24. If passed, the new law would offer a 25% wage...