Tag "Taxes"
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‘Ghost guns’ could be an apparition in CA
When 3D-printed guns first emerged on the scene, many predicted the “ghost guns” could render the regulation of guns pointless. The creation of the 3-D gun is only about one year old. The first 3D-printed gun initially was fired in
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CA closes corporate tax ‘loophole,’ but doesn’t get expected bonanza
The argument that raising taxes cuts revenue because it deters taxable economic activity leads to a tired fight in which obvious facts are ignored by both sides. This claim is sometimes true and sometimes not true. It depends on what
Read MoreCA govt. drives out another business
Warren Meyer finally had it. With the new year, he closed his park business in California. California no longer will be able to harass him, nor to collect taxes from him and his now unemployed ex-employees, many of whom will
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Sacto City Clerk rejects petition to put arena subsidy to a public vote
In another twist in Sacramento’s arena derangement syndrome, a petition drive to put a public subsidy for the proposed Sacramento basketball arena project to a public vote, has been rejected by the Sacramento City Clerk. Friday, the city clerk announced
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BOE building gremlins linger in ‘sick’ building
There must be gremlins living in the Board of Equalization building in downtown Sacramento. What else could explain burst water pipes, flooding, mechanical problems, bats, mold, and falling glass? BOE employees have complained for years of safety hazards and moldy,
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LAO questions legality of plan to use cap-and-trade $ on bullet train
The governor’s just-released 2014-15 budget proposes to spend $850 million from cap-and-trade auction revenue on various projects — including the state’s high-speed rail project. That would defy the very purpose of cap-and-trade. In a new report on the spending plan,
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Gov. Brown's budget largely ignores massive debt
SACRAMENTO — Gov. Jerry Brown yesterday released his state budget proposal for fiscal year 2014-15, which begins on July 1, with spending sharply higher than last year, despite promises of fiscal restraint. The governor’s $155 billion total spending plan increases the general fund
Read MoreSen. Anderson charges: CA profits on backs of Madoff victims
SACRAMENTO — Bernie Madoff may be in prison, but he’s still ripping people off — this time aided by the government of the state of California. So charged state Sen. Joel Anderson, R-San Diego, at a press conference and committee hearing
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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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EDD employees nap, watch TV, surf net, while claims stack up
My three-part series about the Employment Development Department computer system upgrade has some in the agency wanting to unload. Apparently EDD officials’ explanation of the newly updated $100 million computer system “glitches,” and claims of understaffing, aren’t the whole story,
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