Taxes

CSU fee addiction shows value of Props 13, 26, 62, 218

Wednesday, September 10th, 2014
student.fees

The newsrooms of California appear to have collectively decided that the state props that make raising taxes and fees more difficult for elected officials -- starting with 13, 26, 62 and 218 --- are irrational. This is regularly reflected in the coverage of Prop 13 that depicts it as a symbol of Go...

How are Japan’s tax increases working?

Monday, September 8th, 2014
Rising Sun movie

Given the desire for even more tax increases for American and California, how are the recent  tax increases working in Japan? TOKYO (AP) -- Japan's economy shrank more sharply in the second quarter than first estimated and the latest indicators suggest only a modest bounce back since then. The w...

CA, Tesla and the slippery slope to crony capitalism

Monday, September 8th, 2014
Crony_Capitalism-cover-300dpi

The decision of Tesla to locate its "gigafactory" in the Reno area instead of California offers critics of the state's business climate a chance to once again knock Gov. Jerry Brown and other state leaders for failing to care about the private sector. I am sympathetic to this critique. Tesla has eme...

L.A. restaurants make plain there’s no such thing as a free lunch

Thursday, September 4th, 2014
fnc-taxesatpump

Is it a passive-aggressive way for independent businesses to let customers know about the cost of government regulation? Or just a trick that allows those businesses to charge more than they normally would without prompting grousing from their customers? Whatever the truth is, L.A. Weekly note...

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...