A Continuing Dependence On High Income Taxpayers
In releasing his proposed budget last week, Governor Brown warned of over reliance on the “volatile personal income tax which, as history shows us, drops precipitously in time of recession.” He further cautioned that changes in the income of a relatively small group of taxpayers can have a significant impact on state revenues.” He’s not exaggerating. As California’s economy […]
Unfair Solar Policy Needs Review
All across California’s African American communities, issues of equality and fairness should not only be thought of as civil rights issues, but also as economic issues. Every day, families and small businesses must bear the impact that poorly crafted policies or outright indifferences have had on their ability to economically thrive and succeed. For these […]
Why California’s Once-Dismissed Idea to Give Everyone a Basic Income Is Gaining Ground
Do you want your ham and eggs, California? It is one of the oldest and most enduring ideas in our state: Government should provide everyone with a minimum amount of money on a regular basis. It goes back to the 1930s, when Californians narrowly rejected the so-called “Ham and Eggs” proposals to give Californians a […]
Is a Tax Extension Needed for California Schools?
Gov. Jerry Brown campaigned up and down the state in 2012 to pass a temporary measure known as Proposition 30, which raised the sales tax for four years and income taxes on high earners for seven years. It generated $8 billion a year to educate California’s 6.2 million elementary and secondary school students. This is […]