California
Business & Economics
California Budget Revision Proves It: You Can’t Trust the State With Health Care
As California struggles to get control of its budget deficit, Governor Schwarzenegger (who as recently as January collaborated with Democrats to almost wrangle a $15 billion health care tax and spending increase through the legislature) has been forced to propose cutting $2 billion (5 percent) from the state budget for ...
Business & Economics
Ending the Revenue Rollercoaster – The Benefits of a Three Percent Flat Income Tax for California
The PRI flat-tax plan for California will greatly simplify the current tax code. It will completely eliminate the alternative minimum tax, as well as estate, inheritance, and gift taxes. It will also revamp the convoluted, loophole-ridden corporate and personal income-tax codes with a simple flat rate of 3 percent on ...
Business & Economics
New speaker’s agenda
SACRAMENTO — Assembly Speaker-elect Karen Bass, D-Los Angeles, sounds as if she wants to continue the good working relationship with Gov. Arnold Schwarzenegger forged by outgoing Speaker Fabian Nunez, also a Los Angeles Democrat. Bass, who takes office Tuesday, said at a news conference today that Schwarzenegger has talked to ...
Business & Economics
How a flat income tax can help California
Californians may have paid their federal and state taxes last month, but the Golden State remains in a fiscal crisis, with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
Business & Economics
How a Flat Income Tax Can Help California Avoid Fiscal Crises
Californians may have paid their federal and state taxes last month but the Golden State remains in a fiscal crisis with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
Business & Economics
PRI Introduces a 3% Flat Income Tax Rate Plan for Californians
PRI Introduces a 3% Flat Income Tax Rate Plan for Californians SACRAMENTO, MAY 6, 2008 – The Pacific Research Institute (PRI), a free-market think tank based in California, today released the results of a study to determine a revenue-neutral flat income tax rate for California. The report found that a ...
Business & Economics
Issue of taxation worthwhile topic for the candidates
Instead of all the mudslinging between Senators Hillary Clinton and Barack Obama, wouldn’t it be refreshing to have them engage in some serious political discussion? Many American citizens might appreciate some in-depth exploration of the nature of taxation. The federal income tax, in particular, would deserve thoughtful examination. Senator John ...
Commentary
A more primitive life might be required
Some readers recoiled at my depiction last year of Gov. Bill Ritter’s Climate Action Plan as a “faith-based document” that barely hints at the “grueling acrobatics” needed to reach its goals of a 20 percent reduction in greenhouse gases by 2020 and 80 percent by 2050. How dare I suggest ...
Business & Economics
Calif. May Let Special Interests Mine Internet
On February 22, the last day to introduce new legislation in the 2007-2008 session, California’s lawmakers unleashed more than 650 bills. In this barrage, legislators seek to derail one of the state’s thriving industries: the technology sector. This bipartisan agenda targets e-commerce, arming bureaucrats with vast new authority to monitor, ...
Climate Change
Ridiculously Unrealistic =Not Serious
Southchild Blog, May 1, 2008 The usual chorus of environmentalists and editorial writers has chimed in to attack President Bush’s recent speech on climate change. In his address of April 23, he put forth a goal of stopping the growth of U.S. greenhouse gas emissions by the year 2025. “Way ...
California Budget Revision Proves It: You Can’t Trust the State With Health Care
As California struggles to get control of its budget deficit, Governor Schwarzenegger (who as recently as January collaborated with Democrats to almost wrangle a $15 billion health care tax and spending increase through the legislature) has been forced to propose cutting $2 billion (5 percent) from the state budget for ...
Ending the Revenue Rollercoaster – The Benefits of a Three Percent Flat Income Tax for California
The PRI flat-tax plan for California will greatly simplify the current tax code. It will completely eliminate the alternative minimum tax, as well as estate, inheritance, and gift taxes. It will also revamp the convoluted, loophole-ridden corporate and personal income-tax codes with a simple flat rate of 3 percent on ...
New speaker’s agenda
SACRAMENTO — Assembly Speaker-elect Karen Bass, D-Los Angeles, sounds as if she wants to continue the good working relationship with Gov. Arnold Schwarzenegger forged by outgoing Speaker Fabian Nunez, also a Los Angeles Democrat. Bass, who takes office Tuesday, said at a news conference today that Schwarzenegger has talked to ...
How a flat income tax can help California
Californians may have paid their federal and state taxes last month, but the Golden State remains in a fiscal crisis, with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
How a Flat Income Tax Can Help California Avoid Fiscal Crises
Californians may have paid their federal and state taxes last month but the Golden State remains in a fiscal crisis with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
PRI Introduces a 3% Flat Income Tax Rate Plan for Californians
PRI Introduces a 3% Flat Income Tax Rate Plan for Californians SACRAMENTO, MAY 6, 2008 – The Pacific Research Institute (PRI), a free-market think tank based in California, today released the results of a study to determine a revenue-neutral flat income tax rate for California. The report found that a ...
Issue of taxation worthwhile topic for the candidates
Instead of all the mudslinging between Senators Hillary Clinton and Barack Obama, wouldn’t it be refreshing to have them engage in some serious political discussion? Many American citizens might appreciate some in-depth exploration of the nature of taxation. The federal income tax, in particular, would deserve thoughtful examination. Senator John ...
A more primitive life might be required
Some readers recoiled at my depiction last year of Gov. Bill Ritter’s Climate Action Plan as a “faith-based document” that barely hints at the “grueling acrobatics” needed to reach its goals of a 20 percent reduction in greenhouse gases by 2020 and 80 percent by 2050. How dare I suggest ...
Calif. May Let Special Interests Mine Internet
On February 22, the last day to introduce new legislation in the 2007-2008 session, California’s lawmakers unleashed more than 650 bills. In this barrage, legislators seek to derail one of the state’s thriving industries: the technology sector. This bipartisan agenda targets e-commerce, arming bureaucrats with vast new authority to monitor, ...
Ridiculously Unrealistic =Not Serious
Southchild Blog, May 1, 2008 The usual chorus of environmentalists and editorial writers has chimed in to attack President Bush’s recent speech on climate change. In his address of April 23, he put forth a goal of stopping the growth of U.S. greenhouse gas emissions by the year 2025. “Way ...
