Tax Day. Time to Re-Think the CA Tax Structure? Don’t Bet on It!
Income taxes are due today, which should give us pause to think about the state’s rickety tax structure built on a narrow foundation of a few high end taxpayers. ForgetAboutIt! Hardly anyone seems to care, not while the current tax system is raining dollars into the state treasury like manna from heaven. The latest figures […]
Call Off the Guard, Governor
It’s a serious mistake to feed the delusions of President Trump and his supporters. But that’s exactly what Gov. Jerry Brown did in agreeing to dispatch California National Guard units to border duty. Yes, Brown issued a letter in which he tried to rationalize the move, saying that the Guard personnel were going there to […]
Tax Reform – An Opportunity for Growth and Success for California’s Small Businesses
This year, there is a reason to celebrate on April 17th: the simpler, fairer, tax system is making a real difference for families and businesses. As a result of the Tax Reform Act passed last year by Congress, Americans are more optimistic about the economy than they’ve been in a long time. On Main Streets […]
Los Angeles Unified School District Unfunded Retiree Health Benefit Liability Nears $15 Billion
Los Angeles Unified School District has $15 billion in unfunded retiree health care obligations, amounting to over $30,000 per student, according to a new actuarial report commissioned by the district and obtained by Reason. The cost of servicing this large “Other Post-Employment Benefit’ or OPEB liability significantly reduces funds available for instruction in the nation’s second-largest school district. […]