You’ll Hear a Lot about the Black Market in Coming Election
The black market will be a legitimate issue in many of its various forms in the coming November election. Referring to the black market, of course, means illegal traffic in officially controlled commodities. On Monday, the California State Sheriffs Association came out against the proposed gun control measure backed by Lt. Gov. Gavin Newsom, in […]
Sacramento Should Stop New Tax On Driving
Do you want the government following your car every day? Most of us don’t like that Orwellian vision, but a tax scheme brewing in the legislature might do just that. Hardworking Californians don’t want a new tax on driving. As of December, the state pilot program to create a new mileage tax had only convinced […]
How Large is the Gig Economy in California in 2016?
Our Bureau of Labor Statistics (BLS) regional commissioner, Richard Holden, passes along the news this week that BLS is proposing to re-start its Contingent Work Supplement (CWS) survey. It is welcome news. The revival of the survey should help address the growing debate in California and nationwide: to what extent is the gig economy—the economy […]
No Pension Crisis in Fresno
Today, Transparent California released 2015 pension payout data from the City of Fresno Retirement Systems (CFRS) — the first time this information has ever been made available to the public. The CFRS is the only major California public pension plan with a funded ratio over 100 percent and, consequently, enjoys a $289 million surplus rather […]