Brown’s Defense of the Millionaire Tax Label Ignores — Taxes
Governor Jerry Brown’s defense of labeling his tax initiative a millionaire’s tax on the initiative’s website summarizes California’s fiscal problems. It’s obvious why the governor calls his tax plan a millionaire’s tax when it actually starts taxing income at the $250,000 level, and, oh by the way, includes a quarter-cent sales tax. The reason is […]
California State University Should Learn a Lesson from Economics
Stunning news emerged from Long Beach last week when the California State University (CSU) Chancellor’s Office announced it would freeze enrollment at most campuses next spring and wait-list all applicants for the 2013-14 academic year. State budget cuts have driven CSU to slash its enrollment by 20,000 to 25,000 students, and the enrollment freeze is […]
Self-Employment Vital to California Economic Growth
Crossposted at CalChamber.com. Independent contractors are a vital and growing source of California’s economy, according to a new report co-sponsored by several leading business organizations. Attempts to rein in independent contractors through onerous regulations would have a harmful effect on California’s economic productivity and employment. Independent contracting is a business arrangement in which a client […]
Support SB 1478 – Appeals Bond Cap
SB 1478 is authored by State Senator Tom Harman and sponsored by the Civil Justice Association of California. It would place a cap on the amount a defendant must post in order to stay a judgment and appeal a verdict. California law requires defendants to post 150 percent of a judgment to have an appeal heard. […]