Gov Signs New CARB Law 0

Anthony Pignataro:

One of the bills Governor Arnold Schwarzenegger signed into law this week is SB 1402, which forces an entirely new layer of transparency on the California Air Resources Board.

As regular readers of this site know, there’s virtually no limit to CARB’s willingness to go after small businesses that violate our state’s myriad clean air regulations (click here for our story on how CARB threw a couple in jail, for instance).… Read more

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Another Small Business Killer 0

Katy Grimes: Today there is a hearing at the Capitol about Proposition 24 – the initiative seeks to stop several corporate tax breaks slated to go into effect in 2010 and 2012.

Ballotpedia reports that Proposition 24 would prevent corporations that are eligible for tax breaks voted by the legislature last year, totaling about $1.3 billion.

In another attempt to disavow a budget negotiation, the tax breaks targeted by the initiative were agreed upon by California lawmakers as part of budget agreements in late 2008.… Read more

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Gubernatorial Debate "Truth Squad" 0

Katy Grimes: I took pages of notes during tonight’s debate, but one question kept popping up in my mind when Jerry Brown was answering questions – what’s his plan? Brown did not offer specifics to the questions asked by a panel made up of Amy Chance with the Sacramento Bee, Kevin Riggs with KCRA Channel 3, and Marianne Russ from Capitol Public Radio.  … Read more

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Meg "wins" dismal debate 0

John Seiler:

My take is that this was a dismal debate. Neither candidate is qualified to be governor. A state this big should be embarrassed that it can’t produce better candidates.

Meg stayed on message: Jobs, jobs, jobs. When Jerry brought up “green jobs,” she explained that that’s only about 3% of jobs in California.

But Meg herself opposes Prop. 23, which would suspend the jobs-killing AB 32 until unemployment drops from the current 12.4% to 5.5% for a year.… Read more

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Meridith Whitney ranks Cal worst fiscally 0

Business guru Meridith Whitney ranks California worst for its fiscal condition. Texas is tops:

Whitney says California is the worst of the bunch, with the largest budget gap, and dramatically increased spending. New York ranks poorly for having the highest tax burden in the land, per capita.

The best state, by contrast, is Texas, which is “a very low-government state, anti-government state, so government spending is low.”

Click here’s the video.… Read more

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