Budget and Finance
Tuesday, April 16th, 2013
April 16, 2013
By Dave Roberts
If you decide not to pay your taxes, you could face stiff penalties, seizure of your property and jail time. But when California’s government is the tax deadbeat, state officials thumb their noses at the tax man.
The California Department of Fish and Wildlif...
Monday, April 15th, 2013
April 15, 2013
By Wayne Lusvardi
It may be unpleasant to contemplate, but opposing California’s high-speed rail project with a green-eyeshade strategy that targets its estimated huge annual losses seems likely to be a loser. Project opponents may need to find another approach, given how such...
Friday, April 12th, 2013
April 12, 2013
By Dave Roberts
The $89 million annual fire prevention fee imposed on rural Californians for the first time last year could, ironically, increase the chance that their houses will burn down in the event of a fire. The $135-$150 per home annual assessment, which critics believe i...
Wednesday, April 10th, 2013
April 10, 2013
By Wayne Lusvardi
Paul Krugman wrote in the New York Times an article, “Lessons from a Comeback.” However, a comeback for state government should not be confused with an economic or jobs recovery.
A number of liberal, conservative and moderate writers responded to Krug...
Tuesday, April 2nd, 2013
April 2, 2013
By John Seiler
It’s official: The city of Stockton is bankrupt. On April 1, U.S. Bankruptcy Judge Christopher Klein ruled that Stockton's bankruptcy can proceed. "It's apparent to me the city would not be able to perform its obligations to its citizens on fundamental public saf...
Monday, April 1st, 2013
April 1, 2013
By Steven Greenhut
SACRAMENTO -- Few nonlocal people typically pay much attention to the goings-on in Stockton, a hard-pressed Gold Rush-era industrial city of about 300,000 that sits in the agriculturally rich San Joaquin Valley, at the eastern edge of the California Delta. But ...
Friday, March 29th, 2013
This is Part Two of a two-part series. Part One is here.
March 29, 2013
By Wayne Lusvardi
Los Angeles-based redevelopment expert Larry Kosmont is marketing his Redevelopment 2.0 idea as a way to compete with other states that currently are out-competing California for industries. As Kosm...
Thursday, March 28th, 2013
This is Part One of a two-part series. Part Two is here.
March 28, 2013
By Wayne Lusvardi
Redevelopment 1.0 died statewide in 2011 when Gov. Jerry Brown phased it out, mainly because it was robbing local school districts of needed property tax revenues.
Now Los Angeles-based redevelopmen...
Thursday, March 28th, 2013
March 28, 2013
By Dave Roberts
It's alive. Similar to a bill narrowly defeated last year, SCA 6 is by Sen. Mark DeSaulnier, D-Concord. Taxpayer advocates fear the bill could make it difficult, perhaps impossible, to cut or limit taxes through the initiative process.
But SCA 6's wording ...
Monday, March 25th, 2013
March 25, 2013
By Steven Greenhut
SACRAMENTO --- Not many of my friends or neighbors are sitting on pins and needles, worrying that the world as we know it will end as the federal government "slashes" spending as part of the automatic sequester cuts mandated by a previous budget bill.
And ...
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