Tag "tax reform"

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Gov.-Elect Newsom’s interest in tax reform likely to face bipartisan push-back

Governor-elect Gavin Newsom says he hopes to amend the California tax code to lessen its dependence on income and capital gains taxes paid by the very rich. Yet the last two serious attempts at tax reform were both dead on arrival,

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Trump tax plan may not be easy sell to some state Republicans

President Trump’s release last week of a one-page list of his principles for tax reform reflected Treasury Secretary Steven Mnuchin’s longstanding advocacy of a much-simpler tax code with sharply lower rates. Because among the deductions Mnuchin seeks to zero out

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Is the state stubbornly running toward financial trouble?

It’s politically popular to rail on the One Percent and demand top earners pay their “fair share.” But they actually already pay a large share, fair or not, which analysts predict could be disastrous to California in the event of an

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Video: Art Laffer: California vs. Texas

There are two types of states in the United States. Some are hiking taxes and others are cutting taxes. Economist Art Laffer explains how the experiments within the states are playing out nationwide and culminating with the difference between Texas

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California-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

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Prolonged Primary Good For GOP

Katy Grimes: There is much sermonizing and opining in newspapers over Republican politics. Most of it these days is full of mockery and disdain. “GOP inflicts its own wounds” is a common theme, as well as one headline that ran

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