Business & Economics
Business & Economics
State overspends, and gets less for more
Last week the Democratic leader of the state Senate said the state should provide child care for people no longer on welfare, among $470 million worth of other social services. Consequently, Sen. Darrell Steinberg said, in January he will attempt to reverse Gov. Arnold Schwarzenegger’s line-item budget vetoes eliminating those ...
Business & Economics
Is California now an idiocracy?
SACRAMENTO – While trying to get the assembled, clueless staff at a phone store to tell me how to turn off an annoying e-mail alarm on my new smart phone, I was finally greeted by a manager, who declared that the phone is supposed to work that way. “So when ...
Business & Economics
No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government
California Government Spending The estimate for California’s total state spending in 2009–10 is $125.1 billion, of which General Fund spending constitutes 69.1 percent. Total state spending (nominal) has increased from $75.3 billion in 1998–99 to $125.1 billion in 2009–10 (an increase of 66.2 percent). The increases over this period outpaced ...
Business & Economics
The Best States For Business And Careers
Utah lowered its corporate tax rate from 7% to 5% in 2008, to the delight of businesses. The rate is now one of the lowest in the country. The regulatory climate is also pro-business, with the Pacific Research Institute rating Utah second-best in the regulatory component of its U.S. Economic ...
Business & Economics
PRI Study: Californians Deserve Better Value for Tax Dollars
San Francisco— California government can do more with fewer taxpayer dollars, according to a new study released today by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government finds that California is ...
Business & Economics
Conservative think tank says California spending too much
When Gov. Arnold Schwarzenegger pared nearly a billion dollars from the state budget, Democratic politicians and liberal groups cried foul and said they’d attempt to undo the cuts in health and social services when the Legislature returns to Sacramento in December. Whether the cuts will be restored, however, depends largely ...
Business & Economics
Amending an end to out-of-control spending
If there’s anything that the vast majority of Americans can agree upon politically, it’s that federal spending is out of control. The federal budget is $1 trillion higher than in 2007. It has doubled since President Reagan’s second term, even after adjusting for inflation. Our national debt is now $13 ...
Business & Economics
Can We Fix the California Crackup?
Last month, Joe Mathews and Mark Paul of the New America Foundation came to Sacramento to promote their new book, California Crackup: How Reform Broke the Golden State and How We Can Fix It. Few if any in the audience at the University of California Sacramento Center took issue with ...
Business & Economics
Brown tips his hand on taxes
SACRAMENTO At Jerry Brown’s briefing Wednesday to discuss the dismal condition of the state budget, now plagued by a $25 billion deficit, the incoming governor said, “Everything should be on the table, and everyone should be at the table to talk about it.” Whenever a California Democrat tells you that ...
Business & Economics
Calif. can’t compete with Texas, study says
When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation. The Competitive States 2010: Texas vs. California report is a follow-up to a similar one in 2008, which also showed the Golden State lagging ...
State overspends, and gets less for more
Last week the Democratic leader of the state Senate said the state should provide child care for people no longer on welfare, among $470 million worth of other social services. Consequently, Sen. Darrell Steinberg said, in January he will attempt to reverse Gov. Arnold Schwarzenegger’s line-item budget vetoes eliminating those ...
Is California now an idiocracy?
SACRAMENTO – While trying to get the assembled, clueless staff at a phone store to tell me how to turn off an annoying e-mail alarm on my new smart phone, I was finally greeted by a manager, who declared that the phone is supposed to work that way. “So when ...
No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government
California Government Spending The estimate for California’s total state spending in 2009–10 is $125.1 billion, of which General Fund spending constitutes 69.1 percent. Total state spending (nominal) has increased from $75.3 billion in 1998–99 to $125.1 billion in 2009–10 (an increase of 66.2 percent). The increases over this period outpaced ...
The Best States For Business And Careers
Utah lowered its corporate tax rate from 7% to 5% in 2008, to the delight of businesses. The rate is now one of the lowest in the country. The regulatory climate is also pro-business, with the Pacific Research Institute rating Utah second-best in the regulatory component of its U.S. Economic ...
PRI Study: Californians Deserve Better Value for Tax Dollars
San Francisco— California government can do more with fewer taxpayer dollars, according to a new study released today by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government finds that California is ...
Conservative think tank says California spending too much
When Gov. Arnold Schwarzenegger pared nearly a billion dollars from the state budget, Democratic politicians and liberal groups cried foul and said they’d attempt to undo the cuts in health and social services when the Legislature returns to Sacramento in December. Whether the cuts will be restored, however, depends largely ...
Amending an end to out-of-control spending
If there’s anything that the vast majority of Americans can agree upon politically, it’s that federal spending is out of control. The federal budget is $1 trillion higher than in 2007. It has doubled since President Reagan’s second term, even after adjusting for inflation. Our national debt is now $13 ...
Can We Fix the California Crackup?
Last month, Joe Mathews and Mark Paul of the New America Foundation came to Sacramento to promote their new book, California Crackup: How Reform Broke the Golden State and How We Can Fix It. Few if any in the audience at the University of California Sacramento Center took issue with ...
Brown tips his hand on taxes
SACRAMENTO At Jerry Brown’s briefing Wednesday to discuss the dismal condition of the state budget, now plagued by a $25 billion deficit, the incoming governor said, “Everything should be on the table, and everyone should be at the table to talk about it.” Whenever a California Democrat tells you that ...
Calif. can’t compete with Texas, study says
When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation. The Competitive States 2010: Texas vs. California report is a follow-up to a similar one in 2008, which also showed the Golden State lagging ...
