Most people watching the Super Bowl last night probably had no idea that only a few days before, in the same city of Indianapolis, Governor Mitch Daniels signed a law that will cripple unions. As I've written before, Indiana is the first Rust Belt state to pass a right-to-work law, which prohibits both mandatory union membership and collecting fees from non-members. The news, however, has hardly gotten the attention the labor-minded might have expected. Blame it on the big game or the GOP presidential primary. Or blame it on the loss of union power that allowed the law to pass in the first place.
Each Friday—well at least most Fridays—I'm going to sum up the big news happening in states around the country. To make it more interesting, I'm naming a State of the Week where the biggest news came from. See something that's missing? Tell me: email@example.com or on Twitter @RaRapoport.
And this week's state of the week is ... Washington!
Florida Representative Rachel Burgin recently filed a pretty typical bill for a conservative Republican, asking the federal government to lower corporate taxes. But there was one thing that made Burgin's measure a little unusual: It began by stating the mission of the American Legislative Exchange Council (ALEC). That's likely because Burgin's bill had its origins with the corporate-funded nonprofit.
Not being particularly tech-savvy, I've found following the Facebook-going-public news to be a bit perplexing. Sure, I know that the Internet behemoth just filed its IPO registration yesterday, revealing for the first time that the company has been profitable for three years and brought in $3.7 billion in revenue in 2011. But what does that mean? And what does Facebook's entry into the public market mean for the Internet? For Google? For the hundreds of millions who use the site?
There's not a single state in the country in which the rich pay a higher percentage of their income in state (though not federal) taxes than the poor. According to a state-by-state scorecard from the Corporation for Enterprise Development (CFED), only Washington, D.C. has an equal tax burden for its wealthiest and poorest citizens.