Taxes

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. ...

CA workforce participation hits 38-year low

Tuesday, May 20th, 2014
unemployment-graphic

The same state survey of labor statistics that led to headlines last week about California having its lowest unemployment rate in nearly six years also had some much less positive news. The California Center for Jobs & the Economy noted these stats on Monday. The first: "California’s Lab...

U.S. CEOs again call California most hostile to business

Monday, May 12th, 2014
CEOmag

It's a May tradition: Chief Executive magazine announces its best and worst states when it comes to receptivity to business. And in what's also a May tradition, California is found to be the worst. That's 10 years in a row -- a decade of dominance. Over that same period, California saw its une...

Germans turn on CA-style green energy push

Sunday, May 11th, 2014

California may think of itself as the epicenter of the green religion, but even more extreme environmentalism has been playing out in Europe. In Germany, the result is increasingly sharp disillusionment. The Washington Times has the details: "[Germany moved] to boost renewable energy sources, almos...

Dallas editorial chortles over Toyota departing CA for Texas

Friday, May 2nd, 2014
DMN

Monday's announcement that Toyota is moving its North American headquarters from Torrance to the suburbs of Dallas prompted the usual schizophrenic approach in California:  Some editorial writers and pundits lamented the loss of 3,000 middle-class jobs, but Gov. Jerry Brown could not have cared les...

Fade to red ink: LAO questions tax cuts for films

Thursday, May 1st, 2014
Casablanca

It's always been as funny as a Coen Bros. movie that the Hollywood Left Elite, which backs massive tax increases on the rest of us, favors tax cuts for itself. The excuse is that the cuts create valuable movie-industry jobs. Which is true. But other tax cuts do the same. The Legislative Analy...