An Open Letter to California Business Leaders and Organizations
Dear Business Leader: We all agree that California faces fundamental problems. These include a $15 billion budget deficit, $500 billion in unfunded pension liabilities, a tax and regulatory climate that drives businesses away, wasteful and ineffective use of our tax dollars and a political system unduly influenced by special interests – most notably the public […]
Lawsuit Over Pay—How Legislators Can Lose Even if They Win
Senate Pro Tem Darrell Steinberg and Assembly Speaker John Perez took a big risk filing a lawsuit yesterday to prohibit the Controller from deciding if legislators should get paid when an unbalanced budget is passed. If they lose they will have helped establish the California State Controller as a new superpower in the political firmament. […]
Trigger Cuts? Why Not Trigger Taxes?
Trigger cuts are on their way to becoming a staple of budgets. So why not trigger taxes? Republicans have opened the door to such a discussion with their arguments against Gov. Brown’s initiative to hike income and sales taxes for five years. The GOP talking point is that tax revenues are already coming back and […]
Who Benefits from a Class Action Lawsuit – Trial Lawyers!
Whoever invented the class action lawsuit is probably sipping martinis on his or her 200 foot yacht. The class action gimmick seems to be the lawsuit of choice and it is earning trial lawyers a pretty penny under the guise of consumer protection. Recently, Carol Williams with the Los Angeles Times wrote an article titled, […]