Search Results for: wealth tax – Page 8
Business & Economics
Lessons from the $388 million Hyatt case: How current tax policy hurts California
California’s financial problems may have gotten worse by $388 million, according to an August 16 Nevada trial verdict in favor of an inventor mistreated by California’s Franchise Tax Board. The unprecedented case highlights California’s enforcement tactics and points to the solution for state revenue instability. Gilbert P. Hyatt, an electrical ...
Business & Economics
Lessons from the $388-Million Hyatt Case: How current tax policy hurts California, and how the state can fix its revenue problem
California’s financial problems may have gotten worse by $388 million, according to an August 16 Nevada trial verdict in favor of an inventor mistreated by California’s Franchise Tax Board. The unprecedented case highlights California’s enforcement tactics and points to the solution for state revenue instability. Gilbert P. Hyatt, an electrical ...
Business & Economics
The annual budget paradox: taxes hit Dems, cuts hit Reeps
One knock against politicians is that they’re always trying to bring pork back to their districts. But when it comes to California’s annual Kabuki budget dance, a new pattern emerges: Republicans try to cut spending-often even money likely to flow to their own districts-while Democrats try to pass taxes that ...
Commentary
Commonwealth Fund’s Count of “Underinsured”: Lifting the Carpet
Once again, the scholars at the Commonwealth Fund have scared the bejayzus out of the mainstream media with their latest reckoning that over 25 million Americans are “underinsured”. While the 2007 numbers look worse than the previous ones from 2003 (when the estimate was only 15.6 million), the problems with ...
Business & Economics
Conservative flat tax idea could serve liberal ends
Facing a shortfall that Gov. Arnold Schwarzenegger has estimated at $20 billion, Democratic lawmakers in the Capitol are looking for a way to raise tax revenue. They might want to adopt and modify an idea advocated by a conservative think tank – and increase tax revenue while lowering tax rates. ...
Commentary
Massachusetts’ Commonwealth Connector’s Compliance Confusion
Advocates of so-called “universal” health care often cite the “fragmentation” of the status quo as reason enough to increase taxes and fines so that everybody has health insurance – whether we like what’s offered or not. And, they have a point: the employer-based health care system lets a lot of ...
California
California Government Awash in Money Now, But a Reckoning Lies Ahead
Did a member of the California Legislature inadvertently, and quite publicly, admit that “progressive” governance is unsustainable? While discussing the state’s eviction protections and financial aid for renters during a CalMatters podcast, Assemblyman David Chiu, a San Francisco Democrat, said “If we run out of money, all bets are off.” This ...
Blog
Playing the CalMatters “Spend the Surplus Game”
Now and then during one’s work life, a colleague comes up with something so clever that your heart twinges with envy. This happened to me the other day when I stumbled upon the CalMatters “Spend the Surplus Game,” the brainchild of John Osborn D’Agostino. Kudos to Mr. D’Agostino. For think ...
Agriculture
What Secretary Yellen and Chairman Powell’s Congressional Testimony Mean
There’s a great parable relayed in the movie Charlie Wilson’s War between Rep. Charles Wilson and CIA agent Gust Avrakotos, played by Tom Hanks and Phillip Seymour Hoffman. It’s about a Zen master and a boy. The Zen master repeats the phrase, “we’ll see,” while others in the fable quickly ...
Blog
Winners and Losers – March 19
Tim Anaya, Senior Director of Communications and PRI’s Sacramento Office Winner: Mank – Director David Fincher, actor Gary Oldman, and the team behind the Netflix movie Mank (which I have seen and highly recommend) were the big winners this week when the 2021 Academy Award nominations were announced, snagging 10 ...
Lessons from the $388 million Hyatt case: How current tax policy hurts California
California’s financial problems may have gotten worse by $388 million, according to an August 16 Nevada trial verdict in favor of an inventor mistreated by California’s Franchise Tax Board. The unprecedented case highlights California’s enforcement tactics and points to the solution for state revenue instability. Gilbert P. Hyatt, an electrical ...
Lessons from the $388-Million Hyatt Case: How current tax policy hurts California, and how the state can fix its revenue problem
California’s financial problems may have gotten worse by $388 million, according to an August 16 Nevada trial verdict in favor of an inventor mistreated by California’s Franchise Tax Board. The unprecedented case highlights California’s enforcement tactics and points to the solution for state revenue instability. Gilbert P. Hyatt, an electrical ...
The annual budget paradox: taxes hit Dems, cuts hit Reeps
One knock against politicians is that they’re always trying to bring pork back to their districts. But when it comes to California’s annual Kabuki budget dance, a new pattern emerges: Republicans try to cut spending-often even money likely to flow to their own districts-while Democrats try to pass taxes that ...
Commonwealth Fund’s Count of “Underinsured”: Lifting the Carpet
Once again, the scholars at the Commonwealth Fund have scared the bejayzus out of the mainstream media with their latest reckoning that over 25 million Americans are “underinsured”. While the 2007 numbers look worse than the previous ones from 2003 (when the estimate was only 15.6 million), the problems with ...
Conservative flat tax idea could serve liberal ends
Facing a shortfall that Gov. Arnold Schwarzenegger has estimated at $20 billion, Democratic lawmakers in the Capitol are looking for a way to raise tax revenue. They might want to adopt and modify an idea advocated by a conservative think tank – and increase tax revenue while lowering tax rates. ...
Massachusetts’ Commonwealth Connector’s Compliance Confusion
Advocates of so-called “universal” health care often cite the “fragmentation” of the status quo as reason enough to increase taxes and fines so that everybody has health insurance – whether we like what’s offered or not. And, they have a point: the employer-based health care system lets a lot of ...
California Government Awash in Money Now, But a Reckoning Lies Ahead
Did a member of the California Legislature inadvertently, and quite publicly, admit that “progressive” governance is unsustainable? While discussing the state’s eviction protections and financial aid for renters during a CalMatters podcast, Assemblyman David Chiu, a San Francisco Democrat, said “If we run out of money, all bets are off.” This ...
Playing the CalMatters “Spend the Surplus Game”
Now and then during one’s work life, a colleague comes up with something so clever that your heart twinges with envy. This happened to me the other day when I stumbled upon the CalMatters “Spend the Surplus Game,” the brainchild of John Osborn D’Agostino. Kudos to Mr. D’Agostino. For think ...
What Secretary Yellen and Chairman Powell’s Congressional Testimony Mean
There’s a great parable relayed in the movie Charlie Wilson’s War between Rep. Charles Wilson and CIA agent Gust Avrakotos, played by Tom Hanks and Phillip Seymour Hoffman. It’s about a Zen master and a boy. The Zen master repeats the phrase, “we’ll see,” while others in the fable quickly ...
Winners and Losers – March 19
Tim Anaya, Senior Director of Communications and PRI’s Sacramento Office Winner: Mank – Director David Fincher, actor Gary Oldman, and the team behind the Netflix movie Mank (which I have seen and highly recommend) were the big winners this week when the 2021 Academy Award nominations were announced, snagging 10 ...
