Economics
The Grassroot Institute conducts research and analysis of various issues from a free market perspective. Academic works are inspired by the writings of scholars such as Frederic Bastiat, Murray Rothbard, Milton Friedman, F.A. Hayek, Adam Smith, and others. Generally, the Institute opposes tax increases, such as Hawaii's General Excise Tax. The Institute found that the 0.5% GET increase of 2008 would result in nearly 6,000 private sector jobs lost, a decrease in investment of $125.4 million, a decrease in statewide personal income of $303 million, and a loss in disposable income by $646 million.
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