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Business & Economics PUBLICATIONS |
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Proposed Minimum Wage Hike is a Tax on Businesses
Submitted by Lance T. Izumi, J.D. on 7.28.2004
SACRAMENTO, CA - The state legislature is on the verge of passing AB 2832, by Assemblywoman Sally Lieber (D-San Jose), that would raise California's minimum wage from the current $6.75 an hour to $7.75 by January 2006. Although the bill intends to help low-wage employees, it will end up hurting some of those very workers and be a taxing blow to many cash-strapped businesses.
Pension Sellout is New California Gold Rush
Submitted by K. Lloyd Billingsley on 7.7.2004
SACRAMENTO, CA - Californians can sleep well tonight knowing that milk testers, billboard inspectors, and deputy directors at the department of real estate are watching out for their safety, fortified with pensions 25-percent richer than those of other state employees.
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