Taxes

Bill would end Medi-Cal asset seizures

Friday, August 29th, 2014
Seventh seal

"Nothing is certain in this world except death and taxes" is an old saying. California also has seizures after death. Now, the California Legislature just passed a bill to limit the seizure of the estates of Medi-Cal recipients. The Mercury-News reported: Hanging in the balance are the hopes --...

Kiplinger: CA taxes highest — and state hostile to retirees, too

Wednesday, August 27th, 2014
kip

Over the years, when I've reported that the nation's CEOs continue to rank California as the most anti-business state in the country, I've gotten some blowback in emails and comments that question whether the ranking was manipulated. This is goofy paranoia -- the suggestion by CA Dems and labor type...

In L.A., Obama attacks corporations

Monday, July 28th, 2014

During his recent trip to Los Angeles, in which his motorcade blocked a pregnant woman's path to the maternity ward, President Obama attacked U.S. corporations that flee the massively high taxes he imposes. The corporations merge with foreign corporations, thus paying the more reasonable tax rates...

Tax increases boost jobs?

Wednesday, July 23rd, 2014

Do tax increases boost jobs? Or kill jobs? Here's the take of David Cay Johnston in the Bee: Dire predictions about jobs being destroyed spread across California in 2012 as voters debated whether to enact the sales and, for those near the top of the income ladder, stiff income tax increases in P...

LeBron James skips CA — again

Friday, July 11th, 2014
LeBron James

LeBron James just signed a contract to go back to Cleveland from Miami. Travis Waldron at ThinkProgress gloats this disproves theories that sports superstars avoid states with income taxes, such as Ohio, for those without, such as Florida -- as James himself did four years ago: "Now, however, Jame...

CA left’s absurd new dogma: Regulations have no downside

Sunday, June 29th, 2014
regulations

Businesses like to make money. Smart business owners are happy to change their ways in search of how to increase or maximize profits. The hostility to change that one sees in a bureaucracy with no vested interest in making things work better or more efficiently doesn't exist in a well-run private se...

Prop. 30: Why it hurts CA teams’ chances of signing LeBron James

Thursday, June 26th, 2014
lbj

NBA superduperstar LeBron James' decision this week to opt out of his contract with the Miami Heat has led to intense speculation over where the four-time regular-season MVP and two-time NBA Finals MVP might end up. The current conventional wisdom is that he's likely to end up back with the Heat....

Cap-and-trade share not close to $ bullet train needs

Friday, June 13th, 2014
kevin-mccarthy

Gov. Jerry Brown has managed to secure a steady source of funding -- cap-and-trade fees related to AB 32 -- for his $68 billion bullet-train project. It appears that he did so by winning teacher unions' support with a simply bizarre budget provision forcing school districts to spend down their reser...

UC Berkeley prof behind invest/spend semantic ploy

Thursday, June 12th, 2014
georgelakoff

AP reporter Judy Lin had a fun story Wednesday about how Democrats are playing the semantic spin game: "SACRAMENTO, Calif. -- As billions of dollars in unexpected tax revenue pour into California, Democratic lawmakers have proposed all kinds of ways to distribute the windfall after years of recess...

CSU ‘student success fees’ an obnoxious surcharge

Tuesday, June 3rd, 2014
student.fees

California lawmakers of both parties have long been upset that UC and CSU leaders look to raise tuition as option number one during budget headaches instead of scrutinizing their operating budgets for fat. But for poor students, at least tuition hikes are often offset by tuition waiver programs. ...