Taxes
Blog
Bay Area transit tax would lock in flawed spending system for decades
It’s a tax that would run for 14 years and raise an average of $1.2 billion a year. The four northern counties of Marin, Napa, Solano and Sonoma looked at the deal and opted out. To work around the need for a two-thirds majority, tax proponents funded a petition drive to place ...
Blog
California’s New Software Tax Is Another Step Toward More Digital Taxes
Senate Bill 122 is projected to raise roughly $2 billion annual tax increase on the software businesses use to operate, and its costs will spread far beyond company software bills. Since software as a service supports nearly every part of the modern economy, businesses will have to absorb those higher ...
Blog
California cities turn to tax hikes to deal with overspending
Two years ago, 125 local tax measures appeared on ballots. Ninety, says the Howard Jarvis Taxpayers Association, passed. A number of cities now have local sales taxes that exceed 10%. Several cities in “conservative” Orange County are likewise asking voters to approve various local tax increases. We won’t know until the deadline in August how ...
Blog
‘Like, bye’: Two words that define Wilson’s start as Seattle mayor
Democratic socialist Katie Wilson took office as mayor of Seattle at the start of the year with big promises and lots of excitement. “We have to do big new things,” she said in her inaugural address. “And I’m going to be calling on all the brilliance and creativity and dedication ...
California
The affordability crisis is real. Sacramento just made it worse.
Californians are told almost daily that Sacramento understands the state’s affordability crisis. Lawmakers hold hearings about it. The gubernatorial candidates are campaigning on it. Gov. Gavin Newsom promises to fix it. Then, when budget season arrives, Sacramento does what it always does: make California more expensive. State lawmakers just approved ...
Blog
Despite Exorbitant Fees, LA28 Ticket Buying Experience Was Gold Medal Worthy
Recently, I felt like Charlie Bucket searching for the golden ticket in Willy Wonka and the Chocolate Factory. I “won” the lottery for the first draw opportunity to buy 2028 LA Olympic tickets. Much of what I read about the process online were complaints, primarily about pricing. A limited allotment ...
Business & Economics
With Tax Day around the corner, how are Trump’s tax policies impacting you?
April 15th is just around the corner. While we settle up our 2025 taxes, it is a good time to take stock of all the fiscal changes that have occurred. While some have been good, others were bad, and still others were simply ugly. The Good Starting with the good, ...
Blog
Spending Watch
Spending Watch: Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget
Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget Wayne Winegarden March 2026 Warren Buffett famously noted that “when the tide goes out, you discover who’s been swimming naked.” Heeding Buffet’s wisdom, we will soon discover whether Governor Newsom and state legislative leaders are in need of some ...
Blog
California Can’t Address Affordability Crisis Without Lowering Tax Burden
“(We need) someone who will bring prices down,” Rep. Eric Swalwell says. “Californians can’t afford to live in California,” says billionaire Tom Steyer. They’re both right, but they should look in the mirror for a culprit. Big government policies –including several they are promoting in their platforms – are driving ...
Blog
Another Tax That Backfired
Passed in 2022 by nearly 58% of Angeleno voters, Measure ULA initially imposes an additional 4% tax on the sales of any homes or commercial properties, not just mansions, valued at more than $5.3 million. The rate on sales of properties sold at more than $10.6 million rises to 5.5%. The dollars coming in are dedicated ...
Bay Area transit tax would lock in flawed spending system for decades
It’s a tax that would run for 14 years and raise an average of $1.2 billion a year. The four northern counties of Marin, Napa, Solano and Sonoma looked at the deal and opted out. To work around the need for a two-thirds majority, tax proponents funded a petition drive to place ...
California’s New Software Tax Is Another Step Toward More Digital Taxes
Senate Bill 122 is projected to raise roughly $2 billion annual tax increase on the software businesses use to operate, and its costs will spread far beyond company software bills. Since software as a service supports nearly every part of the modern economy, businesses will have to absorb those higher ...
California cities turn to tax hikes to deal with overspending
Two years ago, 125 local tax measures appeared on ballots. Ninety, says the Howard Jarvis Taxpayers Association, passed. A number of cities now have local sales taxes that exceed 10%. Several cities in “conservative” Orange County are likewise asking voters to approve various local tax increases. We won’t know until the deadline in August how ...
‘Like, bye’: Two words that define Wilson’s start as Seattle mayor
Democratic socialist Katie Wilson took office as mayor of Seattle at the start of the year with big promises and lots of excitement. “We have to do big new things,” she said in her inaugural address. “And I’m going to be calling on all the brilliance and creativity and dedication ...
The affordability crisis is real. Sacramento just made it worse.
Californians are told almost daily that Sacramento understands the state’s affordability crisis. Lawmakers hold hearings about it. The gubernatorial candidates are campaigning on it. Gov. Gavin Newsom promises to fix it. Then, when budget season arrives, Sacramento does what it always does: make California more expensive. State lawmakers just approved ...
Despite Exorbitant Fees, LA28 Ticket Buying Experience Was Gold Medal Worthy
Recently, I felt like Charlie Bucket searching for the golden ticket in Willy Wonka and the Chocolate Factory. I “won” the lottery for the first draw opportunity to buy 2028 LA Olympic tickets. Much of what I read about the process online were complaints, primarily about pricing. A limited allotment ...
With Tax Day around the corner, how are Trump’s tax policies impacting you?
April 15th is just around the corner. While we settle up our 2025 taxes, it is a good time to take stock of all the fiscal changes that have occurred. While some have been good, others were bad, and still others were simply ugly. The Good Starting with the good, ...
Spending Watch
Spending Watch: Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget
Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget Wayne Winegarden March 2026 Warren Buffett famously noted that “when the tide goes out, you discover who’s been swimming naked.” Heeding Buffet’s wisdom, we will soon discover whether Governor Newsom and state legislative leaders are in need of some ...
California Can’t Address Affordability Crisis Without Lowering Tax Burden
“(We need) someone who will bring prices down,” Rep. Eric Swalwell says. “Californians can’t afford to live in California,” says billionaire Tom Steyer. They’re both right, but they should look in the mirror for a culprit. Big government policies –including several they are promoting in their platforms – are driving ...
Another Tax That Backfired
Passed in 2022 by nearly 58% of Angeleno voters, Measure ULA initially imposes an additional 4% tax on the sales of any homes or commercial properties, not just mansions, valued at more than $5.3 million. The rate on sales of properties sold at more than $10.6 million rises to 5.5%. The dollars coming in are dedicated ...