Taxes
Back to homepageL.A. restaurants make plain there’s no such thing as a free lunch
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
Read MoreBill would end Medi-Cal asset seizures
“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:
Read MoreKiplinger: CA taxes highest — and state hostile to retirees, too
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
Read MoreIn L.A., Obama attacks corporations
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
Read MoreTax increases boost jobs?
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
Read MoreLeBron James skips CA — again
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
Read MoreCA left’s absurd new dogma: Regulations have no downside
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
Read MoreProp. 30: Why it hurts CA teams’ chances of signing LeBron James
NBA superduperstar LeBron James’ decision this week to opt out of his contract with the Miami Heat has led to intense speculation over where the four-time regular-season MVP and two-time NBA Finals MVP might end up. The current conventional wisdom
Read MoreCap-and-trade share not close to $ bullet train needs
Gov. Jerry Brown has managed to secure a steady source of funding — cap-and-trade fees related to AB 32 — for his $68 billion bullet-train project. It appears that he did so by winning teacher unions’ support with a simply
Read MoreUC Berkeley prof behind invest/spend semantic ploy
AP reporter Judy Lin had a fun story Wednesday about how Democrats are playing the semantic spin game: “SACRAMENTO, Calif. — As billions of dollars in unexpected tax revenue pour into California, Democratic lawmakers have proposed all kinds of ways
Read More