Increased Taxes = Increased Crime
Tax increases have many intended effects, such as raising revenues and changing behavior. They also have anticipated but unfortunate effects, such as dampening growth or harming groups of taxpayers. But a tax hike that increases crime – who would ever tolerate that? It turns out, the Legislature is considering just such a scheme. A bill […]
Why Higher Business Property Taxes Would Hurt Homeowners
Efforts to increase taxes on business property put homeowners in peril; here’s why. Sacramento can never get enough tax money to satisfy the political class. Although California has the highest state sales tax, highest marginal income tax rates, and highest gas tax in all 50 states, we rank only 14th highest in per capita property […]
Abstain on Initiatives in 2014
Californians of means, and their interest group, have a problem. They are addicted to initiatives. They think ballot initiatives will solve the state’s problems. They have thought this for more than 100 years. Most of the time, their initiatives lose and cost people time and money. Their initiatives that win typically only make solving those […]
Expansion of Prevailing Wage to Private Industry Says California is Not Open for Business
Recently, there’s been relatively good news on the economy. Home prices are increasing and the stock market continues to grow; signals that we may finally be starting to recover from the Great Recession. As a result, California’s robust private sector can continue to build and hopefully grow upon its long history of ensuring that employees […]