California Commentary from 07/2008

New Taxes Are Not the Answer to Budget Woes

It has been over a month since the constitutional deadline passed to approve a new budget and members of the Legislature have gone on vacation. While state representatives have decided they would rather go to the beach than wrestle with the state budget crisis, California families are not having nearly as much fun.  Read more >>

Voters Should Reject Rail Bond Boondoggle

Few proposals on the November ballot make as little sense as Prop. 1, the so-called High Speed Rail initiative. Why is Prop. 1 so bad? Let's count the ways.  Read more >>

Utah is Laughing

Last month I was invited to address a joint tax committee of the Utah Legislature to discuss the relative strengths and weaknesses of various methods of taxing real property. Specifically, Utah is considering adopting an "acquisition value" based system -- such as Proposition 13 -- to replace its traditional "current value" system that taxes property based on what it is worth now rather than the purchase price.  Read more >>

Budgeting By Judicial Fiat

U.S. District Judge Thelton Henderson is taking a sledge hammer to fundamental precepts of federalism as well as usurping the California Legislature's power to appropriate taxpayer dollars.  Read more >>

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