Breaking News

CA Already Max Taxes Crude Oil
FEB. 1, 2012 By WAYNE LUSVARDI How “crude” of them. Tax activists in California are pushing a deceptive “oil severance tax for public education” for the November 2012 ballot to increase funding for K-12 public schools, junior colleges and state universities. They’re calling it the...
Chiang: State Broke on March 8
JAN. 31, 2012 By CHRISS STREET State Controller John Chiang shocked California legislators today when he sent a letter announcing that the state will run out of cash on March 8. That is, unless Legislature allows state Treasurer Bill Lockyer to delay $2.4 billion in payments to universities, c...
Science: Time to Freeze AB 32
JAN. 31, 2012 By CHRISS STREET California’s wildly expensive AB 32, Global Warming Solutions Act of 2006, is supposed to prevent man-made global warming. AB 32 took effect Jan. 1 -- just in time for it to suffer another devastating scientific blow. Temperature data from 30,000 worldwide mea...
Cap and ‘Train’ Leaves the Station
JAN. 31, 2012 By WAYNE LUSVARDI Gov. Jerry Brown just proposed a new idea for financing California’s $100 billion high-speed rail project: Use the fees from the state’s Cap and Trade emission taxation program to fund it. This new hybrid between Cap and Trade and High-Speed Rail is likel...
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