Posts Tagged ‘Prop. 30’Taxes on the rich DROP after Prop. 30 tax increaseFriday, June 14th, 2013 June 14, 2013 By John Seiler Call me Nostradamus. I have predicted numerous times on CalWatchDog.com that the Propsition 30 tax increase, combined with President Obama's national tax increases, would drop tax collections from the rich. That has happened. Board of Equalization Member George ... Six bills would make it easier to pass tax increasesFriday, May 17th, 2013MAY 17, 2013 By Katy Grimes SACRAMENTO -- The Senate Governance and Finance Committee on Wednesday passed six constitutional amendments to make it easier for local voters to pass various tax increases on property owners. "California didn't knowingly vote for centralized power," said Sen... Gov. Brown’s May budget revision still kicks the canTuesday, May 14th, 2013May 14, 2013 By John Seiler Gov. Jerry Brown's May Revision to his January budget certainly was a happier occasion than for any budget in a decade. Thanks to money pouring in from the tax increases, especially $7 billion from Proposition 30, he's projecting balanced budgets well into the futur... May Revise previewMonday, May 13th, 2013May 13, 2013 By John Seiler Tomorrow Gov. Jerry Brown will release the May Revise to his January budget proposal for fiscal year 2013-14, which begins on July 1. These are the base numbers the Legislature will work with as it hashes out a budget before (and maybe after) the June 15 constitutio... Raytheon splits CaliforniaTuesday, May 7th, 2013 May 7, 2013 By John Seiler The California economy seems to be doing well. Unemployment is down. The governor's May Revise of the budget surplus, due next week, likely will report an unexpected $4.5 billion in extra revenue. Except that companies keep leaving the state. The latest from the D... As we predicted, pensions eating up Prop. 30 education fundsMonday, April 29th, 2013April 30, 2013 By John Seiler As Bill Clinton might put it, it's in the math. In the lead up to the November 6 election last fall, CalWatchdog.com ran several articles on Proposition 30 and pensions. We warned that the $7 billion tax increase would go not to schools, as advertised by Gov. ... Attack of the artificial crisesMonday, 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 ... The radical roots of Jerry Brown’s school finance reform planFriday, March 22nd, 2013 March 22, 2013 By Wayne Lusvardi California Gov. Jerry Brown’s recently proposed radical public school financing reform –- the so-called “Local Control Funding Formula” –- reflects the Catholic Jesuit social doctrine of 1968 called “the preferential option for the poor.” But t... Prop. 39 tax-hike $ also may indirectly boost teacher payThursday, March 7th, 2013 March 7, 2013 By Chris Reed It's not just money from Proposition 30's sales-tax and income-tax hikes that is being used to provide for teacher pay raises and to allow continuation of "step" pay policies that give teachers raises most years just for time on the job and to maintain "column" pay ... CA admits higher taxes kill tax collectionThursday, February 21st, 2013Feb. 21, 2013 By Chriss Street Gov. Jerry Brown was just forced to admit reality. His supposed $5 billion boost in January tax collection from Proposition 30, which increased sales and income taxes, was really just an early collection of taxes. Two weeks ago, California state revenues were ... |