The Minimum Wage Disruption
Recently, I read an announcement posted in a place of business that told customers the establishment was raising membership dues because of the minimum wage increase. However, it was not because the establishment had many minimum wage workers, the announcement went on to say, but because of the increase in minimum wage, the business felt […]
Will President Trump and a Republican Congress End Federal Taxable income Deduction for State Income Tax?
(Editor’s Note: This is Part 2 of Arnold Steinberg’s examination of the politics and logic of federal taxable income deductions for state income taxes and the consequences for California.) The conspiracy theoreticians discern in the current atmosphere a Trump scheme, because repealing the state income tax deduction will profoundly affect two egregiously BLUE states – […]
California’s Housing Supply Rx: Change Now or Lose Future Generations
California’s housing supply and affordability crisis is well-chronicled and has attracted national attention from several noted scholars and economists. The numbers are stark: California’s median home price of $550,000[1] is one of the most expensive in the country at a time when its homeownership rate of 54 percent ranks last. In June, the Center for California Real […]
Like Drought Never Happened: Budget Omits Funds for Water
A few weeks ago, the governor and other state politicians ran victory laps proclaiming their passage of California’s new record budget. The behemoth budget — the largest spending plan in our state’s history — provides $183 billion to fund many diverse programs and projects deemed necessary to the people and government of California. Their speeches forgot, […]
Rendon Is Trying to Be a Grown Up And For That Trumpist Leftists Must Punish Him
Who does Assembly Speaker Anthony Rendon think he is? I mean, where does he get the idea that he can be some sort of grown-up? Doesn’t he know he’s in California politics? This is the era of Trump, and it would be totally unfair if California and its leftists didn’t get to behave as irresponsibly […]