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Brown readies 2015-16 budget
Budget time again. According to the Sacramento Bee, Gov. Jerry Brown is working on his budget, for fiscal year 2015-16, which begins next July 1. He will reveal his budget a couple weeks into the new year. The Bee looked
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Tax credit could cost taxpayers $1 billion
California now is considering a state-level Earned Income Tax Credit. That comes just in time for Jan. 27, the IRS’ EITC Awareness Day. (I am not making this up.) According to a study by the Legislative Analyst, requested by the
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Tesla facing tough competition
No question that Tesla, in addition to getting a lot of public subsidies and tax breaks, has come with some great cars based on incredible technology. But does that justify its $27 billion market capitalization? Now the Big Boys are getting
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High cost of living sours holiday spirit
The drop in gas prices certainly is welcome. Especially during this holiday season. But seemingly everything else is going up in price — as you probably noticed at the grocery store or when shopping for housing. And health care? My
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Did tax rise help CA, tax cuts hurt KS?
Editor’s note: See correction at the bottom. Toto, I have a feeling we’re not in Kansas anymore. We’re in California, where the winter weather is in the 70s and the high taxes are imposed by the Great and Powerful Oz.
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LAO: No ‘fiscal cliff’ with end of Prop. 30 taxes
Someone should come up with a T-shirt reading, “STAY CALM AND LET PROP. 30 END.” Maybe sell it and make a few bucks for ya. At least before taxes. California Legislative Analyst Mac Taylor’s recent “The 2015-16 Budget: California’s Fiscal
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BMW runs over Tesla
Remember how Tesla boasted it was hooking up with German auto giant BMW? Turns out it’s not happening. Digital Trends reported: Well, it turns out the story was a bit of a wash, because BMW officials recently told German magazine
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57% of CA infrastructure $ on mass transit? More, more, more!
In 2008, California enacted SB 375, the most important state law you never heard about. It was Senate leader Darrell Steinberg’s bid for the sort of green reverence that Arnold Schwarzenegger enjoyed because of 2006’s AB 32. SB 375 (Chapter
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State estimates on cost of new lighting rules far too low
It looks like California business interests have yet another example of state bureaucrats downplaying or ignoring the cost of new regulations. The Voice of San Diego has a story that seems likely to end up producing headlines around the state.
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CA suffers country’s most expensive real estate
Who can afford to live here? The Los Angeles Times reported: Los Angeles County is the second-least affordable housing market in the country for a middle-class family…. That’s according to a new report out Tuesday from real estate website Trulia,
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