Tax and Regulations 2018-05-03T20:16:18+00:00

Tax and Regulations

Living in the dynamic times of the information age, we continue to experience the inevitable battle of forces when the existing regulatory system is unable to adequately address the degree of innovation present (and expanding) in our economy. Approximately 15 years ago, this dynamic played itself out in the digital music arena, where peer-to-peer sites led the way for instant music downloads. The regulatory system at the time was woefully unable to adapt to the innovation. Inevitably, the innovation won out – we now download music from iTunes and CD stores are a thing of the past.

Today, the landscape of the struggle is seen in the sharing economy. Uber, Lyft, AirBnB, and a long line of market innovators continue to press existing regulations to unleash market forces. JMI continues to promote the principles of limited government and the advancement of free enterprise by supporting innovation over regulation.

Recent News

Tax Day Survey Findings

METHODOLOGY A survey of 1,343 American adults was conducted April 3-8, 2018, via SurveyMonkey Audience, with respondents representative of American households in terms of political ideology, age, region, and income distribution. A data analysis of individual income tax codes in all 50 states and the District of Columbia [...]

2018 Legislative Summary

(pdf download) Statement on the 2018 Legislative Session from JMI’s President and CEO “The 2018 Florida Legislative Session was an important session for Florida’s future. The policy team at The James Madison Institute worked overtime in Tallahassee and beyond to inform state policymakers on efforts to advance limited government, [...]