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Proposition Roundup

As is often the case, California voters had to sort through a number of ballot propositions on Election Day. Here’s a quick breakdown of the statewide measures. Proposition 14. Issues $5.5 billion in bonds for stem cell research, winning 51-49. Instant analysis: In 2004, voters approved Proposition 71, authorizing the ...
Blog

More McMansions: What California Needs To Make Housing More Affordable

A Bloomberg News story last week laments, not overtly but in an unmistakable tone, the “surge” in demand for luxury homes because it “highlights the growing U.S. wealth gap.” The “surge” should instead be a welcome development. Greater demand for opulent homes means more housing for everyone. “Luxury” housing is ...
Blog

The Latest Buzz On Newsom’s Electric Car Mandate

To adequately cover all the angles, implications, and consequences of Gov. Gavin Newsom’s executive order to rid the state of gasoline and diesel cars and trucks and replace them with electric vehicles would require a short book, or a long policy paper. We’ve already covered a few points, primarily the ...
Blog

Prop. 19 Could Be a Huge Tax Increase for Middle Class Californians Inheriting Homes

Property taxes are a hot issue on the ballot in California this November.  Most of the attention has centered around Prop. 15, which would impose a split roll property tax scheme in the state. Garnering less attention is Prop. 19, which has the potential to have a much bigger negative ...
Blog

The Facts About Prop 21, The Rent Control Initiative

Unlike many California ballot measures, the title of Proposition 21 is clear and upfront. There’s no intent to deceive with misleading language. It’s not “an argument designed to influence the voter,” and isn’t likely to prejudice the electorate. The “Expands Local Governments’ Authority to Enact Rent Control on Residential Property” ...
Commentary

Price Controls Are Disastrous For Rents And Will Be For Drugs

President Trump and senior advisor Jared Kushner claim that the most favored nation executive order signed by the President over the weekend is necessary for drug pricing because “the U.S. shouldn’t pay more than other European countries for the same treatments.” This policy will make things worse, not better. If the president ...
Blackouts

Put a quarantine on California’s bad policy ideas

Los Angeles Times readers might think the first night of the Republican National Convention was nothing more than a non-stop attack on California. In its coverage of the first evening’s events, the paper posted the headline “RNC speakers paint California as a dangerous dystopia.” Missing from the report were rebuttals to ...
Blog

California Entering Pharmaceutical Business Won’t Lower Drug Prices for Patients

The state of California, which can’t keep the lights on thanks to political interference in energy generation, nor build enough homes because government has poisoned the housing market, is going into the pharmaceutical manufacturing business. But there’s nothing to worry about. If it struggles, taxpayers will be there to bail ...
Blog

Dem “Stimulus Plan” Victim of Last Night of Session Hijinks

Much has been written about perhaps the wildest last night of the legislative session ever. For those who weren’t paying attention, all but one Republican senator was quarantined when Sen. Brian Jones tested positive for COVID-19 a few days prior, forced to vote remotely.  This prolonged the Senate’s work on ...
Blog

Biden’s Tax Plan: Where It Hurts Californians the Most

Right by the Bay has been following Sacramento’s tax raising schemes here, here, and here.  But the state’s tax marauding politicians aren’t the only ones we should be worried about.  Presidential candidate Joe Biden also wants Washington’s share of our wallet.  Below are three proposed tax hikes that would be ...
Blog

Proposition Roundup

As is often the case, California voters had to sort through a number of ballot propositions on Election Day. Here’s a quick breakdown of the statewide measures. Proposition 14. Issues $5.5 billion in bonds for stem cell research, winning 51-49. Instant analysis: In 2004, voters approved Proposition 71, authorizing the ...
Blog

More McMansions: What California Needs To Make Housing More Affordable

A Bloomberg News story last week laments, not overtly but in an unmistakable tone, the “surge” in demand for luxury homes because it “highlights the growing U.S. wealth gap.” The “surge” should instead be a welcome development. Greater demand for opulent homes means more housing for everyone. “Luxury” housing is ...
Blog

The Latest Buzz On Newsom’s Electric Car Mandate

To adequately cover all the angles, implications, and consequences of Gov. Gavin Newsom’s executive order to rid the state of gasoline and diesel cars and trucks and replace them with electric vehicles would require a short book, or a long policy paper. We’ve already covered a few points, primarily the ...
Blog

Prop. 19 Could Be a Huge Tax Increase for Middle Class Californians Inheriting Homes

Property taxes are a hot issue on the ballot in California this November.  Most of the attention has centered around Prop. 15, which would impose a split roll property tax scheme in the state. Garnering less attention is Prop. 19, which has the potential to have a much bigger negative ...
Blog

The Facts About Prop 21, The Rent Control Initiative

Unlike many California ballot measures, the title of Proposition 21 is clear and upfront. There’s no intent to deceive with misleading language. It’s not “an argument designed to influence the voter,” and isn’t likely to prejudice the electorate. The “Expands Local Governments’ Authority to Enact Rent Control on Residential Property” ...
Commentary

Price Controls Are Disastrous For Rents And Will Be For Drugs

President Trump and senior advisor Jared Kushner claim that the most favored nation executive order signed by the President over the weekend is necessary for drug pricing because “the U.S. shouldn’t pay more than other European countries for the same treatments.” This policy will make things worse, not better. If the president ...
Blackouts

Put a quarantine on California’s bad policy ideas

Los Angeles Times readers might think the first night of the Republican National Convention was nothing more than a non-stop attack on California. In its coverage of the first evening’s events, the paper posted the headline “RNC speakers paint California as a dangerous dystopia.” Missing from the report were rebuttals to ...
Blog

California Entering Pharmaceutical Business Won’t Lower Drug Prices for Patients

The state of California, which can’t keep the lights on thanks to political interference in energy generation, nor build enough homes because government has poisoned the housing market, is going into the pharmaceutical manufacturing business. But there’s nothing to worry about. If it struggles, taxpayers will be there to bail ...
Blog

Dem “Stimulus Plan” Victim of Last Night of Session Hijinks

Much has been written about perhaps the wildest last night of the legislative session ever. For those who weren’t paying attention, all but one Republican senator was quarantined when Sen. Brian Jones tested positive for COVID-19 a few days prior, forced to vote remotely.  This prolonged the Senate’s work on ...
Blog

Biden’s Tax Plan: Where It Hurts Californians the Most

Right by the Bay has been following Sacramento’s tax raising schemes here, here, and here.  But the state’s tax marauding politicians aren’t the only ones we should be worried about.  Presidential candidate Joe Biden also wants Washington’s share of our wallet.  Below are three proposed tax hikes that would be ...
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