News

ARTICLE: Analysts Expect $21 Billion Budget Deficit

tgaul — Thu, 19 Nov 2009 11:36:16 -0800

The Sacramento Bee reports that at $21 Billion deficit has been estimated for California over the next year and a half. This is due largely to failed predictions about the success of the newest budget plan. The governor has begun discussions surrounding further budget cuts and possible tax increases.

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ARTICLE: Is CA the Next Great Hope for Conservatives

tgaul — Wed, 18 Nov 2009 17:51:00 -0800

As this article from FoxNews.com describes, liberal legislative practices have left California in shambles with astronomical taxes and a hemorrhaging state budget. However, it wasn't always like this. At one point, conservative legislative practices like those that passed Prop. 13 were responsible for growing California to be one of the strongest economies in the world. Now, conservatives have a prime opportunity to take the state back and grow it to the power it once was. Read more >>

ARTICLE: CA is Overregulated, Overtaxed and Just Plain Over

tgaul — Tue, 17 Nov 2009 22:45:36 -0800

In this comprehensive update on California's financial status, the writer makes it clear that the state is still in a steep decline. It shows how reforms, which could have fixed this have no way of being passed in California's interest group-controlled legislature. With businesses and employees leaving the state in droves, things are continuing to look worse instead of better.

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ARTICLE: Cutting at the Root of CalPERS Mess

tgaul — Mon, 16 Nov 2009 17:00:43 -0800

This editorial in the Sacramento Bee explains how lavish pension plans, which require high-risk investments are at the root of CalPERS' budget crisis. Legislators have finally proposed two measures to cut this pension spending dramatically. The governor has yet to release his position on these measures.

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ARTICLE: CA Public Pensions Loom as Big Issue

tgaul — Mon, 16 Nov 2009 16:42:19 -0800

As this article in the Sacramento Bee explains, CalPERS is doing everything it can to avoid cuts to its funding including a "smoothing" plan, which will shift its deficit to taxpayers over the next 30 years. As the article concludes, what really needs to happen is a top-to-bottom review of the public pension system to stop this money hemorrhaging once and for all.

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ARTICLE: Polls Still Show Strong Support for Prop. 13

tgaul — Fri, 13 Nov 2009 15:41:11 -0800

As this blurb in the Sign On San Diego News reports, critics of Proposition 13 frequently make the claim that the voters no longer support the proposition and the two-thirds requirement. However, polls once again have proved this claim to be utterly false. In fact, only a small percentage of voters wish to see legislative change in these areas.

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ARTICLE: A "Bah Humbug" With Holiday Tax Increases

tgaul — Fri, 06 Nov 2009 14:43:55 -0800

World Mag quotes HJTA president Jon Coupal in their coverage of California's 10% increase in income tax withholdings. Just as predicted, the May budget "solution" was really just kicking the deficit down the road, leaving the burden eventually to fall on the shoulders of already overburdened taxpayers. CA legislature's financial negligence strikes again.
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ARTICLE: Taxpayer Perspective On The Water Bond Package

tgaul — Thu, 05 Nov 2009 09:02:41 -0800

Jon Fleischman of the Flash Report explains how the new water bond package will allow for billions of dollars to be spent on the states water crisis. While the state's water issue needs to be addressed, placing such a costly piece of legislature in front of voters, in the middle of this recession, is probably the worst way to go about it.

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ARTICLE: The Big-Spending, High-Taxing, Lousy-Services Paradigm

tgaul — Tue, 03 Nov 2009 17:26:04 -0800

This article from the urban policy magazine, City Journal examines the failure of California’s burgeoning and costly public sector to deliver on its promise of a better society. The author, William Voegeli is a visiting scholar at Claremont McKenna College’s Salvatori Center.

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ARTICLE: Sneaky way to murder Prop. 13

sgvirtzman — Mon, 02 Nov 2009 18:27:15 -0800

Steven Greenhut, Director of the Pacific Research Institute's Journalism Center, argues that proponents of a “constitutional convention” to revamp California’s complex constitution have a hidden agenda. They want to end the two-thirds vote to raise taxes, and then end Proposition 13. This op-ed piece appeared in the Orange County Register.

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