In Light of Election Results is Tax Reform Possible?
Reforming California’s tax system would be an important step to lessen Californian’s tax burden and revitalize the economy while bringing in adequate revenue, but Tuesday’s election results could stand as a roadblock to reform. With the success of both Proposition 30 and Proposition 39, new tax revenue is coming into the General Fund. There may […]
Time to Stop the Economic Injustice
Well, the election is behind us. Now we have to figure out what it all means, not just in terms of leadership and ballot proposition results, but in the broader context of the state’s economic, social and regulatory framework. For California’s underserved families and communities, the news is not good. Voters have approved a dizzying […]
The Biggest Winners From President Obama’s Re-Election: Crony Capitalists
Crossposted on New Geography President Obama’s re-election does not, as some conservatives suggest, represent a triumph of socialism. Instead, it marks the massive endorsement of an expanding crony capitalism that ultimately could reshape the already troubled American economic system beyond recognition. Nowhere is this clearer than in the President’s victory in the Great Lakes states […]
Unions Spend Big, Win Big in California
Crossposted Bloomberg News Efforts to rein in the power of California’s public-employee unions, and to reform out-of- control compensation costs that are eroding services and busting public budgets, came to a crashing halt on Tuesday in California. The idealistic hope that California voters would keep a firm grasp on their wallets, thus forcing the state […]