Tag "Prop. 30"
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How will Brown budget proposal address pensions, taxes, debt?
California's budget battles will begin on Friday when Gov. Jerry Brown releases his proposal for fiscal year 2014-15, which begins on July 1. The media and political buzz in the Capitol building is that the state has a surplus — and
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Rich sheltering dough in South Dakota
When Proposition 30 was being pitched in the fall of 2012, Gov. Jerry Brown and others pooh-poohed the idea that rich folks would find ways to avoid its $7 billion in new taxes. Because the national and state economies have
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Now Bill Lockyer thinks tax cuts create jobs
When opponents of Proposition 30 said it would kill jobs, Treasurer Bill Lockyer backed it anyway: “I worry a little bit about fairness, although when you look at the income distributions in the last 20 years and see that essentially
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Who pays for LAUSD’s broken or stolen iPads?
I’ve written a couple of things on the Los Angeles Unified School District’s gift of iPads to its students. In July, I predicted the kids would “jailbreak” the iPads. They did. Remember, these iPads are costing taxpayers $1 billion. That’s
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Californians fleeing to Nevada
Taxes have consequences. That’s something tax increasers don’t understand. Remember how Gov. Jerry Brown and others campaigned last year for Prop. 30, saying millionaires had to “pay their fair share” (even though “millionaire” was defined, in California math, as someone
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Will California become Detroit on the Pacific?
Editor’s Note: CalWatchdog.com has been following Detroit’s economic situation for several years, and in light of its recent filing for Chapter 9 bankruptcy, we are re-releasing a series of articles detailing the city’s challenges. This piece was originally posted on CalWatchdog,
Read MoreLakers fans may soon appreciate Phil Mickelson’s CA tax gripes
July 2, 2013 By Chris Reed In January, when Rancho Santa Fe pro golfer Phil Mickelson griped about the Prop. 30-mandated increase in state income taxes to 13.3 percent on California’s highest earners, he was widely pilloried as a heartless
Read MoreTaxes on the rich DROP after Prop. 30 tax increase
June 14, 2013 By John Seiler Call me Nostradamus. I have predicted numerous times on CalWatchDog.com that the Propsition 30 tax increase, combined with President Obama’s national tax increases, would drop tax collections from the rich. That has happened. Board
Read MoreSix bills would make it easier to pass tax increases
MAY 17, 2013 By Katy Grimes SACRAMENTO — The Senate Governance and Finance Committee on Wednesday passed six constitutional amendments to make it easier for local voters to pass various tax increases on property owners. “California didn’t knowingly vote for
Read MoreGov. Brown’s May budget revision still kicks the can
May 14, 2013 By John Seiler Gov. Jerry Brown’s May Revision to his January budget certainly was a happier occasion than for any budget in a decade. Thanks to money pouring in from the tax increases, especially $7 billion from
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