Posts Tagged ‘tax increase’

Gov. Brown’s May budget revision balances only by ignoring unfunded liabilities
Tuesday, May 14th, 2013

May 14, 2013 By Katy Grimes SACRAMENTO -- Balancing the economic realities of the state budget with political influences surely is a challenging task. Unfortunately, in California it is a task which few administrations have managed in recent state history. Democratic Gov. Jerry Brown an...

As we predicted, pensions eating up Prop. 30 education funds
Monday, April 29th, 2013

April 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. ...

CA leaders still attacking businesses, jobs
Monday, March 11th, 2013
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March 11, 2013 By Katy Grimes While I am an eternal optimist, it is impossible to ignore that California is bleeding jobs. I am also a realist. Unfortunately for the Golden State, California's leaders and lawmakers continue to ignore the facts, and instead continue to push through the s...

Govt. robs my paycheck even more
Tuesday, January 15th, 2013

Jan. 15, 2013 By John Seiler This morning my first paycheck of the year was plunked into my bank account. The amount is sharply down from my Dec. 31 paycheck. The government robbed me again. This was part of the "fiscal cliff" deal that President Obama promised would increase taxes only ...

Another business thinking of leaving CA
Monday, January 14th, 2013

Jan. 14, 2013 By John Seiler Despite assurances to the contrary from Gov. Jerry Brown and others, his Proposition 30 tax increase will drive thousands more businesses from this state. He and President Obama insist that such people must "pay their fair share." They reply: We already pay too muc...

Study: California worst-run state
Saturday, December 1st, 2012

Dec. 1, 2012 By John Seiler 247 Wall Street once again ranked California as the worst-run state in the (increasingly Soviet) Union. That's depressingly bad, considering we're even worse than Illinois, New York, New Jersey and other high-tax, high-regulation, anti-jobs, anti-human states. The v...

Prop. 30 and Prop. 38 tax-and-spenders dogfight
Friday, November 2nd, 2012

Nov. 2, 2012 By Dave Roberts When the Assembly Budget Committee held an informational hearing in September on Proposition 30, it featured a classic liberal-conservative debate. Trudy Schafer of the League of Women Voters argued that taxes need to be raised in order to save public schools, whic...

This could be fun
Sunday, October 28th, 2012

Oct. 28, 2012 By John Seiler It looks like Proposition 30 is going down to defeat. So what I'm looking forward to is Gov. Jerry Brown going into a meltdown when his pet prop loses. He could rail against the outside interests, Grover Norquist, John & Ken, the Tea Party -- and anybody else h...

Do tax hikes drive out millionaires?
Thursday, October 25th, 2012
California top marginal tax rate, 1935-present

Oct. 25, 2012 By John Seiler Just in time for an election about raising millionaires' taxes comes a study saying they won't leave. Instead, when their taxes are raised, they'll stay and shout, "Thank you, sir! May I have another!" The California Budget Project is touting the study, "Million...

Pay soars in the public sector
Sunday, October 21st, 2012
Cagle Cartoon pensions, Oct. 21, 2012

Oct. 21, 2012 By Steven Greenhut STOCKTON -- Workers for the city of Stockton who attended the unveiling Wednesday night of a new report detailing trends in public-employee compensation in California complained about cuts in their compensation packages that are causing hardship for them and th...