Several Orange County cities are asking their voters to approve tax increases this coming November, citing the need to raise taxes or suffer major budget cuts to city services and public safety. Voice of OC columnist Thy Vo argues that these taxes are in response to rising public employee pension costs. Click here to read […]
“Renewable energy standard” or RES mandates are driving up energy costs and harming the poor in the states that have adopted these policies, writes Stephen Moore in the Washington Times. In addition to higher costs, these mandates, which rely on unreliable solar and wind power, are unrealistic and threaten to cause blackouts and brownouts. California […]
NEWS: LAUSD is ‘living off reserves’ and running out of time to get its finances in order, says county, state
The Los Angeles Unified School District (LAUSD) has received a warning from authorities that it must stop spending more money than it takes in or it could face a state takeover, reports the Los Angeles Daily News. Options under consideration include cutbacks or tax increases. Local teachers’ unions meanwhile say in previous instances where deficits […]
Many California local governments are considering tax increases as a means of avoiding cutbacks while paying for rapidly increasing pension obligations. However, the required procedures for putting tax increases on the ballot is currently in dispute legally, creating confusion for the parties involved in tax discussions, reports the Mercury News. Click here to read the […]
Legislation intended to impose $100 million annually in new taxes on drinking water failed amid concerns that further tax increases could prompt more recalls, such as the successful effort against former Senator Josh Newman. However, the legislation’s author, Senator Bill Monning, has vowed he will continue his efforts in support of the tax increase, reports […]
OPINION: Sweet pensions, secrecy laws: L.A. has its own ugly swamp that needs draining, but where’s the leadership?
By way of the Deferred Retirement Option Plan (DROP), LAPD Chief Michel Moore was able to walk away with $1.27 million payout, but rather than truly retiring, he was rehired with a $300,000 salary on top of his $240,000 annual pension. Steve Lopez, of the LA Times, writes that while this may be an extreme […]
Recent tax increase proposals, including the “split roll” plan to eliminate Proposition 13 protections for businesses and a plan to impose a new tax on water, are both being presented as necessary to fund vital services. However, the real driver behind the motivation for new taxes is actually spiraling pension costs, writes the San Diego […]
A recently disclosed letter from state officials has revealed the estimated cost of planned Delta tunnels has risen 22 percent over an estimate issued last year, reports the Sacramento Bee. The tunnels plan, backed by Governor Jerry Brown, is intended to provide water to Southern California while protecting endangered fish. However, critics say the plan […]
Supporters of a “split roll” plan to eliminate Proposition 13 protections for businesses have submitted 850,000 signatures for a 2020 ballot initiative. If the measure passes, up to $10 billion in new taxes could be assessed annually, according to the Mercury News. Supporters argue the plan would provide new revenue for education and other services, […]
By passing SB 1, Sacramento politicians broke promises and concurrently hurt California families—but especially California farmers. Jesse Rojas, a farm worker rights activist speaking under bakersfield.com, underscores the many detriments of California’s high gas tax, ranging from more costly groceries to the fate of people’s jobs. Click here to read article.