Tag "Prop. 30"

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Taxes vs. reform — Transportation negotiations continue

Watching the maneuvering to pass a transportation revenue package in the special session, I can’t help but think of the observation by that great philosopher Yogi Berra who said: “It’s déjà vu all over again.” The legislative scrum over a

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Cal State University system hikes fees to offset tuition freeze

What a difference five years makes. In 2010, the California State University system issued $352 million in revenue bonds. Earlier this month, it issued $1.1 billion of the same thing. The debt issuance is standard, generally considered to be part of the

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California’s income tax rate drives NFL players away

Last month on CalWatchdog.com, prompted by the efforts to build a Los Angeles football stadium and lure an NFL team, I wrote on how Proposition 13’s tax-vote provisions were influential in the moves and counter-moves on the stadium debate over public funding.

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Top 5 taxes you may see on the 2016 ballot

  Last June, I wrote a column forecasting which tax increase measures might be on the Nov. 2016 ballot given the conversations going on then. Time for an update. As is nearly always the case in the political world, situations and

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Tax Foundation: CA has fourth-highest state taxes

The newest figures just released by the Tax Foundation show California continues to be one of the highest-taxes states in the country. According to “Facts & Figures 2015: How Does Your State Compare?” the Golden State now ranks fourth-highest for

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Treasurer Chiang talks taxes and the economy

  With the rising conversation about extending Proposition 30‘s temporary taxes, I asked state Treasurer John Chiang if he would advise that the taxes be continued. Chiang said a promise was made that the taxes would be temporary and circumstances would

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College kids read at 7th-grade level

This is shocking. After 13 years in U.S. public schools,  our college kids read only at a 7th-grade level, on average. Reported Breitbart Texas: The premise behind the Common Core State Standards is that all public school students will be college

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CalSTRS to sock local school budgets 1

California’s pension crisis just keeps getting worse. The major crisis now is the California State Teachers’ Retirement System. Gov. Jerry Brown warned about the crisis in his Jan. 2014 budget proposal, but didn’t do anything about it. Election year. We’ll

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Warning for CA: Japan’s tax increases sparked recession

Japanese Prime Minister Shinzo Abe just called for a snap election under their parliamentary system. We’ll soon see if voters affirm his tax-increase policies, which were supposed to restore strong growth but instead slammed the country into another slump. Due

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Higher tuition hikes — for what purpose?

  Last week, on a post-election panel presented by Capitol Weekly, I raised the issue of potential tax increases being contemplated by public unions and other groups in the next election and said that one of the reasons more revenue

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