We Want the Government We Won’t Pay For
This just in: Californians like government projects and government services, but don’t want to pay for them. That’s the take from a look at the proposed state water bond and the high-speed rail plan in a new survey by the Public Policy Institute of California. When voters were asked if they backed the $11.1 billion […]
Main Street Menace of the Week: Oil Severance Tax (SB 241 – Evans)
While the legislature is in session, the National Federation of Independent Business/California will be profiling anti-small business bills and initiatives and the adverse effect they would have on California’s job creators. This is the second column of the 2013 series. It’s no secret that gas is expensive in California. For those of us who drive […]
Commission to Address L.A.’s Pending Insolvency
After almost eight years of the City being on a financial roller coaster, City Council President Herb Wesson has recruited Mickey Kantor, a former Secretary of Commerce in the Clinton Administration, and Austin Beutner, a financially astute former deputy mayor, to head a high level commission to review and analyze the City’s shaky finances and […]
Sacramento Spotlight: AB 1203/SB209 – Retroactive Capital Gains Tax Increase Repeal
Following the passage of Proposition 30, California has the highest capital gains tax rate in the nation (13.3% for California; 33% state and federal combined) – second only to Denmark in the industrial world, for the matter. The funny thing is this wasn’t supposed to be the case for all Californians. Recognizing the detrimental effects […]