Business and Economics Blog

Silicon Valley and Wall Street aren’t the only ones celebrating IPOs this year – Sacramento is doing its share of the partying.  That’s because the state is expected to receive a deluge of tax dollars over the next several years thanks to capital gains generated...

A dominant narrative in recent American politics, on full display as the Democratic presidential candidates race left to do battle in their upcoming primaries, is that America is a land of inextricably fixed “haves” and “have nots.” The challenge of our generation is to tackle...

Will Rogers said, “The only difference between death and taxes is that death doesn't get worse every time Congress meets.” But Rogers never came up against the current California legislature, which these days isn’t just holding a legislative session but an all-out Tax Hike Convention. Today,...

California is proving once again that it’s the worst place to do business in America. This time, the state is attempting to collect up to eight years of back taxes from Amazon sellers whose products were temporarily stored in Amazon warehouses throughout the state. Not content with...