Business & Economics
Business & Economics
Union rally exposes Republicans’ weak links
After Gov. Jerry Brown’s State of the State address pushing for the Legislature to place a series of tax-extension measures on the ballot, Republicans countered by emphasizing their continuing opposition to higher taxes. For instance, Assemblyman Brian Nestande of Palm Desert, the Assembly minority leader’s top lieutenant, said, “I stand ...
Business & Economics
Why California Should Not Follow New York’s Internet Tax Plan
California is facing budget problems yet again, and once again state lawmakers are hoping to shake down Internet retailers as a fast source of revenue. A bill introduced by Democratic Assemblywoman Nancy Skinner (AB 153) proposes to force out-of-state businesses to collect tax if they use an in-state company to ...
Business & Economics
A War That Has Ended
On any trip to the United Kingdom one must allow for the element of surprise. Last month I discovered a new perspective on what we might call womens studies. Womens aspiration to marry up, if they can, to a man who is better-educated and higher-earning, persists in most European countries, ...
Business & Economics
Balancing California’s unwieldy budget
Gov. Jerry Brown’s State of the State speech Monday night was pretty much what anyone should have expected, as the new governor championed his “tough choices” budget and pushed hard for its centerpiece: a public vote on controversial tax extensions. Since his inauguration, Brown has made it clear that he ...
Business & Economics
Bankruptcy one of state’s few options
SACRAMENTO – Congressional Republicans “should be ashamed of themselves for even suggesting” bankruptcy as an option for California and other debt-plagued states, according to Sacramento Bee Capitol columnist Dan Walters. Unlike municipalities, states aren’t allowed to go bankrupt, but some conservatives have talked openly about changing the law. Walters, reflecting ...
Business & Economics
Is Brown dodging pension reform?
At a League of California Cities event in Sacramento, Gov. Jerry Brown promised local officials struggling under the weight of pay and benefit costs that he would, indeed, put forward pension-reform proposals in the coming weeks. Yet I see little evidence so far that the new governor is interested in ...
Business & Economics
The Acting Governor
As Arnold Schwarzenegger stepped down as governor of California, he could behold two dispiriting sights: a state struggling with structural budget deficits, just as it had struggled when he marched into office as a conquering action hero, and an approval rate just 1 point higher than his disgraced and recalled ...
Business & Economics
Brown targets corporate welfare
This really could be the beginning of the end for the state’s redevelopment agencies, those noxious, corporate-welfare-enabling entities that have wreaked havoc on property rights in California since the 1950s. The new governor’s budget plan would eliminate California’s 425 redevelopment agencies and divert the cash that now goes through them ...
Business & Economics
Brown ignores state’s competitiveness
Gov. Jerry Brown’s fiscal 2011-12 budget aims to close the state’s projected $26.4 billion deficit with a combination of tax measures and targeted spending cuts. While a welcome change from gimmicks that only defer the problem, the budget ignores long-term competitiveness problems that plague the Golden State. Gov. Brown proposes ...
Business & Economics
Better To Cut Payroll Tax For Employers
As the clock wound down on 2010, President Obama signed into law the tax deal he struck with Republicans. One provision is a one-year, 2-percentage-point reduction in the employee portion of the Social Security payroll tax. This measure is supposed to reduce unemployment by boosting spending, but a more effective ...
Union rally exposes Republicans’ weak links
After Gov. Jerry Brown’s State of the State address pushing for the Legislature to place a series of tax-extension measures on the ballot, Republicans countered by emphasizing their continuing opposition to higher taxes. For instance, Assemblyman Brian Nestande of Palm Desert, the Assembly minority leader’s top lieutenant, said, “I stand ...
Why California Should Not Follow New York’s Internet Tax Plan
California is facing budget problems yet again, and once again state lawmakers are hoping to shake down Internet retailers as a fast source of revenue. A bill introduced by Democratic Assemblywoman Nancy Skinner (AB 153) proposes to force out-of-state businesses to collect tax if they use an in-state company to ...
A War That Has Ended
On any trip to the United Kingdom one must allow for the element of surprise. Last month I discovered a new perspective on what we might call womens studies. Womens aspiration to marry up, if they can, to a man who is better-educated and higher-earning, persists in most European countries, ...
Balancing California’s unwieldy budget
Gov. Jerry Brown’s State of the State speech Monday night was pretty much what anyone should have expected, as the new governor championed his “tough choices” budget and pushed hard for its centerpiece: a public vote on controversial tax extensions. Since his inauguration, Brown has made it clear that he ...
Bankruptcy one of state’s few options
SACRAMENTO – Congressional Republicans “should be ashamed of themselves for even suggesting” bankruptcy as an option for California and other debt-plagued states, according to Sacramento Bee Capitol columnist Dan Walters. Unlike municipalities, states aren’t allowed to go bankrupt, but some conservatives have talked openly about changing the law. Walters, reflecting ...
Is Brown dodging pension reform?
At a League of California Cities event in Sacramento, Gov. Jerry Brown promised local officials struggling under the weight of pay and benefit costs that he would, indeed, put forward pension-reform proposals in the coming weeks. Yet I see little evidence so far that the new governor is interested in ...
The Acting Governor
As Arnold Schwarzenegger stepped down as governor of California, he could behold two dispiriting sights: a state struggling with structural budget deficits, just as it had struggled when he marched into office as a conquering action hero, and an approval rate just 1 point higher than his disgraced and recalled ...
Brown targets corporate welfare
This really could be the beginning of the end for the state’s redevelopment agencies, those noxious, corporate-welfare-enabling entities that have wreaked havoc on property rights in California since the 1950s. The new governor’s budget plan would eliminate California’s 425 redevelopment agencies and divert the cash that now goes through them ...
Brown ignores state’s competitiveness
Gov. Jerry Brown’s fiscal 2011-12 budget aims to close the state’s projected $26.4 billion deficit with a combination of tax measures and targeted spending cuts. While a welcome change from gimmicks that only defer the problem, the budget ignores long-term competitiveness problems that plague the Golden State. Gov. Brown proposes ...
Better To Cut Payroll Tax For Employers
As the clock wound down on 2010, President Obama signed into law the tax deal he struck with Republicans. One provision is a one-year, 2-percentage-point reduction in the employee portion of the Social Security payroll tax. This measure is supposed to reduce unemployment by boosting spending, but a more effective ...
