Browsing Month April, 2018

Electric Deregulation: The Great Failed Experiment

By at November 17, 2009 | 10:16 pm | 1,152 Comments

By Eric Epstein Governor Tom Ridge predicted that electric competition  would lead to job growth, economic expansion, and decreased  rates. According to Governor Ridge, “Pennsylvania’s national  leadership in electric competition continues to bring dramatic  savings and economic benefits to Pennsylvanians.”  (August 4, 2000) The success of electric competition would  shave business costs and give employers […]

[...read more]

RTC Media

History of the Stealth Pay Raise – Act 51 of 1995: Automatic COLAs

By at November 17, 2009 | 10:15 pm | 1 Comments

(Harrisburg, Pa November 9, 2009) – Lawmakers, the Governor and his cabinet, and all judges are set to receive an automatic, annual cost of living adjustment (“COLA”). Lawmakers get the COLA on December 1. The Executive and Judiciary branches receive a COLA on January 1. The COLA is the percentage increase in the cost of […]

[...read more]

RTC Media

Political Gas

By at November 4, 2009 | 10:14 pm | 6 Comments

by Eric J. Epstein The question is when – not if – natural gas extraction  will be subject to an assessment. Drilling comes at a price,  and a severance tax looms as next year’s budget deficit is already starting to bake The remaining questions are  how much, what form, and who will benefit from drilling […]

[...read more]

RTC Media