When Will We Finally Take Title and Summary Away from Attorneys General?
It’s become a dishonorable California tradition: state attorneys general draft titles and summaries for ballot initiatives that don’t pass the laugh test. Our current A.G., Xavier Becerra, is getting justified criticism for his summary of the split roll initiative. That measure should be properly explained as lifting the Prop 13 limits on reassessments of commercial […]
Don’t Expand California’s False Claims Act to Tax Cases
During the 2019 Legislative Session, a bill was pursued to expand California’s False Claims Act (CFCA) to tax matters under the California Revenue & Taxation Code (CRTC). Such an expansion would put taxpayers at risk and disrupt the state’s tax collection process, which is why such a bill should be rejected by the Legislature, just […]
Los Angeles Consumers’ Confidence in the Economy Continues to Erode
Despite the continued strength of the economy, the confidence of Los Angeles County consumers in the economy is tepid, continuing a four year downward spiral, due in part to the political environment on the national level. However, consumers are more optimistic about local business conditions, according to a recent study. Released last week by the […]
Are the wealthy fleeing California taxes?
Here is an indisputable fact about California taxation: More than two-thirds of state general fund revenues come from personal income taxes and about half of those taxes are paid by the 1% of taxpayers atop the income scale. In other words, K-12 schools, state colleges and universities, health and welfare support for the poor, prisons […]