Will Legislature Move to Curb Initiatives and Referendums?
Elections returns show that Democrats have strengthened their position in the California legislature while voters expressed disillusion with Democratic leadership by rejecting a number of statewide ballot measures put on the ballot by the legislature, or endorsed by many legislative majority members, or rejected laws passed by the legislature. So, what’s the new legislative majority […]
Two Costly New Laws to Open the New Year for Small Businesses; A Podcast
I wish we could tell small businesses that fewer regulations and lower taxes were coming their way starting January 1 but not even a pandemic could throw our State Legislature off course from their mad drive to create more burdens. Three current and soon-to-take effect laws are discussed in detail in a half-hour podcast featuring […]
California’s COVID-Resistant Tax Revenues
October General Fund tax revenues came in 37 percent above the 2020-21 Budget Act forecast, according to the latest Finance Bulletin from the California Department of Finance. Revenues through the first four months of the current fiscal year now exceed forecast revenues by $11 billion: Revenue collections from March, when the state’s COVID-19 state of […]