Los Angeles and San Francisco have recently passed laws raising minimum wage to $15 an hour and other cities have similar proposals under consideration, but the media has largely failed to report that workers who belong to a union are exempt from the new requirements, reports News Busters. Due to lack of news coverage, many […]
Although California often ranks last in national studies on business climate and tax friendliness, a recent study by the Mercatus Center placed California 44th in a measure of fiscal health, reported the Orange County Register. The poor ranking resulted from factors including the state’s debt, level of spending, solvency and unfunded pension obligations. Click here […]
California’s labor unions are the state’s biggest political campaign contributors, giving them substantial influence over the legislative process, writes Dan Walters in the Los Angeles Daily News. Many union sponsored bills have advanced this year and will be given final consideration by legislators when they return from recess in August. Among the proposals they will examine […]
California’s far-reaching climate change policies have driven up energy costs and resulted in persistently high unemployment, consequences which should lead policymakers to think twice before adopting further similar policies. Among these policies are renewable energy mandates and cap and trade taxes. Despite the negative effects California has experienced, lawmakers are developing plans to expand these policies in […]
Over $140 billion in new taxes have recently been proposed despite the existence of a $6 billion budget surplus this year, writes Mark Hinkle of the Silicon Valley Taxpayers Association in the San Jose Mercury News. Additional taxes would kill jobs and harm our economy while also encouraging the politicians to continue the boom and bust cycle […]
California state revenues surpassed estimates for the 2014-2015 budget by $6.8 billion, according to an announcement by the State Controller, reported BizJournals.com. The unexpected surge in revenue came mainly from increases in personal income tax collections. Click here to read the article.
Californians passed Proposition 13 in 1978 to rein in out of control property tax increases. Now, Assemblyman Phil Ting has introduced legislation which he claims is designed to “reform” Proposition 13 but which in actuality is intended to destroy the taxpayer protection. Ting’s proposal is backed by government employee unions who hope to abolish Proposition […]
The Legislature is currently experiencing a revenue surge with billions of dollars in unanticipated revenues. This puts many liberal legislators in a difficult position politically because they must explain why they are advocating tax increases at a time when revenues are abundant, writes Sacramento Bee columnist Dan Walters. Click here to read the article.
Newly released disclosure documents reveal politically active green billionaire Tom Steyer is also directly involved in a green energy company which benefits financially from the policies he advocates, reports the Washington Free Beacon. Steyer was the primary backer of Prop. 39, which raised taxes to pay for solar energy subsidies, and played a lead role in […]
Teachers serving in union positions can earn six figure salaries by collecting pay from both their teaching and union positions while also building seniority and accruing pension benefits, a practice which has drawn criticism and legal challenges, reports CalWatchdog. Critics, including other teachers, say union officials should not be allowed to be outside the classroom when […]