Phantom $4-Billion Haunts the Budget
The $4-billion dollars that was added to the budget last June, based solely on optimism that economic conditions would improve, and brought the budget into balance on paper (and, by the way, got the legislators paid) never showed up. The Legislative Analyst’s Office issued a report yesterday that says the state is $3.7 billion short […]
Restoring Interest Equity on Taxes
Hard as it might be to imagine, California businesses won a small but important victory last year. Next year, legislators will have an opportunity to reverse a twenty-year trend and give businesses another victory. In 2010, Governor Schwarzenegger signed Senate Bill 1028, a bill sponsored by the Board of Equalization (BOE), which gives BOE members […]
California Workforce as Calling and Profession
One of the slimmer and less known books by prolific Catholic philosopher Michael Novak is Business as a Calling: Work and the Examined Life. Published in 1996 (and dedicated to his sister, Mary Ann Novak of Parsons, Brinckerhoff), the book discusses the spiritual fulfillment in work, especially work in the business world. The businessperson is […]
Orange County Lincoln Club’s “New Conversation” on Illegal Immigration
Last month, the joint Lincoln Clubs of Orange County, San Diego, and Northern California went on their annual trip to Washington, D.C. to visit with Members of Congress, U.S. Senators and think tank leaders. We talked mostly about the economy, jobs, and pension reform. The issue of immigration was addressed in a session with James […]