March 21, 2013 By Chris Reed In November, to the amazement of many journalists who have admired the independence and thoughtfulness of the Legislative Analyst's Office over the years, LAO boss Mac Taylor gave an amazingly sunny take on the state of California's finances. Here's what I wrote ab...
Posts Tagged ‘Legislative Analyst’s Office’LAO confirms insanity of Mac Taylor’s November happy talkThursday, March 21st, 2013‘Fiscal cliff’ deal costs California $45 million from death taxFriday, January 4th, 2013Jan. 4, 2013 By John Seiler Even death is not being kind to the California budget. According to the Bee: "Because Congress permanently killed an estate tax transfer to states this week, California stands to lose $45 million in inheritance tax revenue that Gov. Jerry Brown and lawmakers ant... Giveaway almost becomes lawMonday, October 8th, 2012Oct. 8, 2012 By Steven Greenhut SACRAMENTO -- If California voters grant the state government the billions in higher taxes in Proposition 30 that Gov. Jerry Brown and legislative Democrats have been demanding, those same officials might be expected to squander the money by shoveling even more ... Calif. retiree health care time bomb is tickingFriday, August 3rd, 2012 Aug. 3, 2012 By Dave Roberts When discussing California’s exorbitant benefits for state government employees that are threatening to bankrupt the state, much of the focus has been on pensions. And rightly so, with estimates of the unfunded pension liability exceeding $500 billion. But thereâ... |