Many of America’s largest public corporations recently made a commitment in principle to their “stakeholders,” which included working with their communities and “protect[ing] the environment by embracing sustainable practices.” Leaders of 181 of the 193 member companies of the prominent Business Roundtable promised to “deliver value.”
It gave...
Sen. Elizabeth Warren, with one eye on California presidential primary votes and the other on the state’s rich political donors, recently wrote an op-ed in the Sacramento Bee in which she demanded someone do something about that “shameful” gig economy.
Warren, a Rutgers-trained lawyer, has expended...
Senate Minority Leader Charles Schumer, D-New York, recently stood in front of a home in a beautiful neighborhood in White Plains, NY, to decry -- of all things -- the area’s high local tax burden.
“We all know that one of the biggest burdens to live...
Ask Americans what Labor Day means, and they'll likely say it marks the end of summer. One last chance to wear white and go for a swim before the pool is drained.
But as its name suggests, Labor Day was established to celebrate labor –- organized labor, to be more...
The Business Roundtable recently released a statement announcing it had redefined "the purpose of a corporation."
Signed by almost 200 of the most powerful CEOs in America, the statement "affirms the essential role corporations can play in improving our society," according to one of its signatories. Specifically, it...
Last fall, Democratic congressional candidates successfully painted the 2017 federal Tax Cuts and Jobs Act as a tax increase on hard working Californians to pick-up even more congressional seats.
Congress, they charged, raised the tax burden of many Californians by, among other things, capping the State...
The “Tax Cuts and Jobs Act” (TCJA) was signed into law on Dec. 22, 2017. The Act reformed the U.S. corporate income tax code cutting the rate to a globally competitive 21%. Reforms on the personal income tax side, which are scheduled to expire in...
The California Senate Banking Committee is scheduled to hold a hearing Wednesday (June 26) on a bill that caps consumer loan rates and threatens to sever a vital credit lifeline for many. Oddly, three commercial lenders who offer the kind of loans subject to this...
When the state Supreme Court issued a ruling last year threatening workers’ ability to operate as independent contractors, it sent a chill through the gig economy. The temperature dropped a few more degrees recently when the U.S. 9th Circuit Court of Appeals determined the standards...
One of the hottest investment trends promises to do well while by doing good. This investment trend is called environmental, social, and governance investing, or ESG funds. Not all ESG funds have similar investment strategies.
Some ESG funds actively invest in companies that meet specific environmental...
Adam Smith’s ‘invisible hand’ is poking at corporate activists
Many of America’s largest public corporations recently made a commitment in principle to their “stakeholders,” which included working with their communities and “protect[ing] the environment by embracing sustainable practices.” Leaders of 181 of the 193 member companies of the prominent Business Roundtable promised to “deliver value.” It gave...
Workers’ Freedom At Risk In California
Sen. Elizabeth Warren, with one eye on California presidential primary votes and the other on the state’s rich political donors, recently wrote an op-ed in the Sacramento Bee in which she demanded someone do something about that “shameful” gig economy. Warren, a Rutgers-trained lawyer, has expended...
Why Is Sen. Schumer Suddenly Decrying High Tax Rates?
Senate Minority Leader Charles Schumer, D-New York, recently stood in front of a home in a beautiful neighborhood in White Plains, NY, to decry -- of all things -- the area’s high local tax burden. “We all know that one of the biggest burdens to live...
This Labor Day, celebrate America’s job creators as well as our workforce
Ask Americans what Labor Day means, and they'll likely say it marks the end of summer. One last chance to wear white and go for a swim before the pool is drained. But as its name suggests, Labor Day was established to celebrate labor –- organized labor, to be more...
Corporate profits are socially responsible
The Business Roundtable recently released a statement announcing it had redefined "the purpose of a corporation." Signed by almost 200 of the most powerful CEOs in America, the statement "affirms the essential role corporations can play in improving our society," according to one of its signatories. Specifically, it...
Sacramento, not D.C., is responsible for California’s unaffordable tax burden
Last fall, Democratic congressional candidates successfully painted the 2017 federal Tax Cuts and Jobs Act as a tax increase on hard working Californians to pick-up even more congressional seats. Congress, they charged, raised the tax burden of many Californians by, among other things, capping the State...
Making It Rain In California
The “Tax Cuts and Jobs Act” (TCJA) was signed into law on Dec. 22, 2017. The Act reformed the U.S. corporate income tax code cutting the rate to a globally competitive 21%. Reforms on the personal income tax side, which are scheduled to expire in...
Loan rate-cap bill would harm consumers
The California Senate Banking Committee is scheduled to hold a hearing Wednesday (June 26) on a bill that caps consumer loan rates and threatens to sever a vital credit lifeline for many. Oddly, three commercial lenders who offer the kind of loans subject to this...
Worker Freedom at Risk in California
When the state Supreme Court issued a ruling last year threatening workers’ ability to operate as independent contractors, it sent a chill through the gig economy. The temperature dropped a few more degrees recently when the U.S. 9th Circuit Court of Appeals determined the standards...
Are ESG Funds A Good, Long-Term Investment?
One of the hottest investment trends promises to do well while by doing good. This investment trend is called environmental, social, and governance investing, or ESG funds. Not all ESG funds have similar investment strategies. Some ESG funds actively invest in companies that meet specific environmental...