Reversing the Trigger Cuts
With the election only days away and the Proposition 30 tax initiative too close to call, Republican legislators sent a letter to educators saying they want to reverse the trigger cuts aimed at education if Prop 30 loses. Some Democratic legislators have hinted that they, too, would work to reverse the trigger cuts. Governor Jerry […]
11 Awesome Props: Proposition 38
Editor’s Note: Frequent Fox and Hounds contributor, Joe Mathews, will give his unique perspective on all eleven November ballot measures over the course of the next month. He will take them in the order they appear on the ballot. The best thing about Prop 38 is the certainty. Your income taxes get raised. And all […]
What to Make of the Prop 30 Field Poll
The Field Poll out this morning shows Proposition 30, the tax increase initiative, winning by ten points 48 percent Yes, 38 percent No. This is somewhat closer than Field’s September survey that showed Proposition 30 up 51 percent to 36 percent. These results are better for Proposition 30 than other polls that have shown the […]
Desperate Governor Turns to Distortions
Crossposted on CalWatchDog Gov. Jerry Brown has fiddled while Sacramento has burned, squandering his entire governorship on a pointless campaign to massively raise income taxes on the poor, middle class and wealthy Californians through the Prop. 30 sales and income tax hike. Now that the initiative’s support is failing — it’s below 50 percent according […]
Kiva and the Micro-Lending Boom in California
California is in the midst of a micro-lending boom, driven by the rise of internet-based crowdfunding sites, including Kiva, Kickstarter, Indiegogo, and RocketHub. The micro lending sites are opening new lending markets, in peer to peer lending. They are building new ties between lenders and California micro-businesses, with the lender more of a business development […]
Major Business Fund Tax Increase Campaign
A few weeks ago the Howard Jarvis Taxpayers Association reported that in addition to government employee unions that have provided millions of dollars to the Yes on Proposition 30 campaign, a number of prominent businesses are also contributing big bucks to the effort to raise your taxes. Companies like Blue Shield, Aera Energy, America Beverage […]