Tag "Taxes"
Back to homepageWill pension reform make leg deadline?
May 31, 2012 Katy Grimes: With the budget deadline looming, the Legislature is also facing a June 1 deadline for bills to be passed out of the house of which they originate. In the Senate yesterday during floor debate over a
Read MoreAssembly passes bad Cap and Trade bill
May 29, 2012 Katy Grimes: The Assembly today passed the controversial Cap and Trade bill, Assembly Bill 1532, by Assembly Speaker John Perez, D-Los Angeles, which would deposit Cap and Trade carbon credit permit monies into a new Greenhouse Gas
Read MoreCalifornia counting its carbon tax riches
May 29, 2012 By Katy Grimes While the rest of the country shuns carbon trading schemes, California politicians continue to embrace the concept, and are forging ahead with a Cap and Trade carbon trading system. But eight states have dropped
Read MoreCA debt much larger than reported
May 29, 2012 By Katy Grimes Reports of California’s debt usually just include the $17 billion budget deficit. But California also owes the federal government $14 billion, and public schools $10 billion. While California sputters under the massive debt, legislators
Read MoreGrowing CA’s education welfare system
May 25, 2012 By Katy Grimes SACRAMENTO — Democratic Assembly Speaker John Perez, D-Los Angeles, has been pushing unusually hard to get a tax bill passed, but it’s not looking good. There is no getting around the fact that AB 1500,
Read MoreProp 29 shaping up to be fiscal disaster
May 25, 2012 By Katy Grimes What do stem cell research and cancer research have in common? In California, both health causes serve as money making mechanisms for bureaucrats. Stem cell research In 2004, California voters passed the stem cell
Read MoreHow many ways can voters say ‘no’ to tax hikes?
May 23, 2012 By Katy Grimes The California city which has been trying to force a new professional sports arena on its tapped-out taxpayers is now asking for a sales-tax increase. But even more egregious than the tax increase push
Read MoreJerry Brown’s deficit teeter-totter game
May 23, 2012 By Wayne Lusvardi Imagine a teeter-totter with a chubby boy on one end and a thin boy on the other. The teeter-totter can be balanced either by two chubby boys or two thin boys. It can be
Read MoreAssembly catfight over guns
May 22, 2012 By Katy Grimes Retribution in politics isn’t unusual. Every year we witness members of the Legislature receiving punishment from party leadership, often followed by banishment to a tiny office and committee assignments taken away. That’s the prerogative
Read MoreState may consider taxing services
May 22, 2012 By Dave Roberts Hold on to your wallet — Sacramento may be hatching yet another way to reach into your pocket: a state sales tax on services. Assemblywoman Alyson Huber, D-El Dorado Hills, has authored AB 1963,
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