California Issue of the Year: The Two-thirds Vote
Most of the central action in California’s political world this year revolved around attempts to deal with the state budget crisis. Governor Jerry Brown, seeking to fulfill a campaign promise, wanted the legislature to put tax increases on the ballot. Republicans legislators balked, although some negotiated for spending and pension reforms in exchange for their […]
Figuring your “Fair Share” of Taxes
Populist and anti-corporate rhetoric have captured the political and media narratives recently, with everyone from President Obama to Occupy<insert your town> bemoaning growing income inequality and corporate compensation. No matter how the economy fares in 2012, Californians will be on the receiving end of tax-the-rich demands from now until the November election. Three ballot measures […]
The Business Exodus
Waste Connections, one of the Sacramento region’s largest publicly traded companies, announced last week that it will be relocating its headquarters from Folsom, California to Houston, Texas. Currently valued at $3.6 billion, Waste Connections has been one of the area’s few thriving home-grown businesses, infusing approximately $100 million dollars into the local economy each year. […]
California Employment in 2012; and Presents from Mr. Peguese
The final EDD monthly employment release of 2011 last Friday, December 16 shows California gaining a modest 6,600 payroll jobs over the month, but a total gain of 211,000 payroll jobs from January 2011. Though the state’s employment recovery continues in fits and starts (a high 37,600 payroll gain in October), we’re definitely better off […]