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Study Finds Obstacles to Search for Opioid Substitute

/in , , /by Editorial Staff

Inflation Reduction Act price controls on the category of drugs that includes most non-opioid pain relievers reduce return on investment, disincentivize research funding BOSTON – By reducing return on investment for the category of drugs that includes most potential non-opioid pain relievers, the Inflation Reduction Act (IRA) creates a major disincentive to the development of therapies to combat the opioid epidemic that is ravaging the United States, according to a new study published by Pioneer Institute. The problem is exacerbated by the fact that pain medication research already has a higher attrition rate than research in other therapies.  A 2023 Biotechnology Industry Organization (BIO) study found that pain projects have only a o.7 percent probability of gaining FDA approval, compared […]

Annual Massachusetts Outmigration Hits 39,000, Up 1,100% Over The Last Decade: BU Study

/in , /by Editorial Staff

Could rise to 96,000 per year by 2030, costing Massachusetts $19.2 billion in adjusted gross income & $961 million in income tax revenue   BOSTON (April 24, 2024) – Annual net outmigration from Massachusetts has soared by a stunning 1,100 percent to 39,000 people since 2013, according to a new Boston University Questrom School of Business study. If the trend continues, the researchers found, the state’s net outmigration could reach 96,000 by 2030. Outmigration cost Massachusetts $4.3 billion in adjusted gross income (AGI) and $213.7 million in tax revenue during the 2020-21 tax year. The majority of that money went to Florida ($1.77 billion), New Hampshire ($1.1 billion), and Maine ($393 million.) Those numbers could rise to $19.2 billion in […]

Hoover at Stanford’s Stephen Kotkin on Stalin’s Tyranny, WWII, & the Cold War

/in , , , /by Editorial Staff

Dr. Stephen Kotkin explores Stalin’s origins, consolidation of power, and his Communist despotism. Kotkin delves into Stalin’s cunning political maneuvers, his complex relationships with other Soviet leaders like Lenin and Trotsky, and the devastating consequences of his regime, including the forced collectivization and mass starvation of millions.

Superior Court Judge Invalidates “Equity Theft” Law as Unconstitutional

/in , , /by Editorial Staff

Decision brings Massachusetts into compliance with 2023 U.S. Supreme Court ruling SPRINGFIELD, MA –A Massachusetts Superior Court has ruled that a state law allowing municipalities (or private actors to whom municipalities sell the right to foreclose) to foreclose on homes due to property tax debt without having to pay the homeowner the difference between the taxes owed and the value of the home is unconstitutional as applied to the facts of the case at hand.   Ashley Mills was on the verge of losing her fully paid for Springfield home worth around $230,000 due to a $22,000 property tax debt.  On Mills behalf, the Pioneer Public Interest Law Center, Greater Boston Legal Services, and the law firms of Morgan Lewis and […]

Tax Man Confounded: Why High Rates Haven’t Yielded Higher Revenue

/in , , /by Editorial Staff

Joe Selvaggi talks with economic scholar Dr. Brian Domitrovic about the history of federal tax policy and the reasons for why varied marginal rates fail to correlate with either tax revenue or GDP growth.