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Congress switches to dynamic scoring
This should have happened the last time Republicans took over all of Congress, in 1995. The new GOP majority is switching budget calculations to “dynamic scoring.” The L.A. Times reported: For years, leading GOP lawmakers have wanted to change the
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Oakland arts tax slams poor
With Californians increasingly being priced out of owning homes, what does progressive Oakland do? Make housing even more expensive. Reported the Chronicle: “The City Council passed a law this month that requires private developers to set aside 1 percent of
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Upbeat LAO report lacks key focus: CalSTRS bailout cost
The Legislative Analyst’s Office released an analysis of state revenue this week that suggests the state won’t suffer when temporary tax hikes expire. This is from AP: SACRAMENTO — A steadily improving economy will buffer California’s budget from a drop
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CA is NOT the highest taxed state
You’ve probably heard California has the nation’s highest taxes. Wrong. We’re only third-worst, behind even worse New York and New Jersey, according to a new survey by the Tax Foundation’s new 2015 State Business Tax Climate Index. Broken down, California ranks
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New Laffer book details Reagan prosperity recipe
If you have a great recipe, keep using it. Don’t be chicken. Just ask Col. Sanders. Why then don’t Republican candidates just follow Ronald Reagan’s successful economic recipe from the 1980s? Cut taxes; in his case, from the top income
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Want to extend Prop. 30 tax increases?
You probably saw this one coming. Just two years ago Gov. Jerry Brown and his union allies hoodwinked voters into passing Proposition 30, $7 billion in tax increases. Most of the taxes hit “millionaires,” which in California New Math means
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Texas Latinos out-achieve CA Latinos in broad array of categories
Heritage Foundation senior editor Mike Gonzalez has a new book out this month, “A Race for the Future: How Conservatives Can Break the Liberal Monopoly on Hispanic Americans.” Gonzalez, a former Wall Street Journal reporter, takes a deeper look at
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CSU fee addiction shows value of Props 13, 26, 62, 218
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
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How are Japan’s tax increases working?
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
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CA, Tesla and the slippery slope to crony capitalism
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
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