Budget and Finance
Back to homepageProp. 30 aftermath: Dan Walters channels CalWatchdog
Oct. 31, 2012 By Chris Reed On Tuesday, CalWatchdog told readers that the idea the teachers unions would accept trigger cuts if Prop. 30 failed was ridiculous. “Does anyone really think the California Teachers Association and its less brash little
Read MoreN.Y. Times continues tradition of inept California coverage
Oct. 30, 2012 By Chris Reed The New York Times’ history of poor coverage of California is extreme. It always blames Prop. 13 for the state’s problems. It offers 8,000-word analyses of California’s government dysfunction that never mention the power
Read MoreMillionaire tax flight study full of hasty generalizations
Oct. 30, 2012 By Wayne Lusvardi When hosting TV game show “Family Feud,” the late host Richard Dawson made famous his line: “Survey says!” There’s a new study out on how millionaires react to tax increases. What does the survey
Read MoreL.A. Times education reporter: Oblivious or in the tank?
Oct. 25 By Chris Reed The Los Angeles Times is the biggest newspaper in the state by far, presumably staffed with veteran reporters with a BS detector. As it turns out, the reporter on one of their most important beats
Read MoreProp. 30 lovers inexplicably think they have moral high ground
Oct. 25. 2012 By Chris Reed So Proposition 30 is built on a threat — raise sales taxes on everyone and income taxes on the rich or we’ll punish school kids. Its primary purpose is to preserve a school status
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Do tax hikes drive out millionaires?
Oct. 25, 2012 By John Seiler Just in time for an election about raising millionaires’ taxes comes a study saying they won’t leave. Instead, when their taxes are raised, they’ll stay and shout, “Thank you, sir! May I have another!”
Read MoreCalifornia-bred supply-side economics is coming back
Oct. 23, 2012 By Chriss Street The Great Recession was primarily caused by the collapse in economic demand as 70 million baby boomers born between 1946 and 1964 moved out of their peak spending years in their mid-30s to mid-50s
Read MoreNew law dumbs down Calif. math performance
Oct. 22, 2012 By Bill Evers and Ze’ev Wurman Gov. Jerry Brown recently sent California several decades back into the 20th century by signing Senate Bill 1200, by state Sen. Loni Hancock, D-Oakland. This law now mandates a shocking rollback
Read MoreHow to destroy an economy and waste tax dollars: Vote Yes on Props. 30 and 38
Oct. 22, 2012 By Mark Landsbaum If you wanted to destroy an economy, what would be a good way to go about it? You might take money from those who earn it. Can there be a more perverse disincentive than
Read MorePay soars in the public sector
Oct. 21, 2012 By Steven Greenhut STOCKTON — Workers for the city of Stockton who attended the unveiling Wednesday night of a new report detailing trends in public-employee compensation in California complained about cuts in their compensation packages that are
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