Business & Economics
Business & Economics
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 suggests that companies should ...
Business & Economics
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 and Local Tax, or ...
Business & Economics
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 2025, reduced the marginal income ...
Business & Economics
NEW STUDY: State and Local Tax Deduction “Makes it Rain” in California, Paid for by Taxpayers in Low Tax States
A new study released today by the nonpartisan Pacific Research Institute, a California-based free market think tank, found that capping the State and Local Tax deduction brought broad-based tax relief to millions of Americans, while putting an end to taxpayers in low-tax states like Indiana subsidizing higher taxes and spending ...
Business & Economics
Sally C. Pipes in the Las Vegas Review-Journal on gender pay gap at the White House
Sally C. Pipes offered her critique about a reported gender pay gap in the White House. “Sally Pipes of the conservative Pacific Research Institute in San Francisco argued, “You can’t just generally add up all the women and all the men. What are the titles and what does each job ...
Blog
CalPERS & CalSTRS Report Lower Than Expected Returns – Is ESG One Reason Why?
CalPERS and CalSTRS – the two largest public employee pension funds in both California and the nation –just announced their annual investment returns for the 2018-19 fiscal year. Once again, it’s not good news for California taxpayers. Both funds reported that their respective net return of investments came in under ...
Blog
What Will Brexit Mean for the US?
Every other year, I always take a big trip somewhere around the world. This fall, I’m excited to be traveling to England, Ireland, and Scotland for the first time. As I prepare for my trip, the UK is in the midst of great political turmoil – perhaps more than the ...
California
Californians’ Transportation Choices Should Be Left to Them—Not Bureaucrats
Last month, the Los Angeles Times reported that the Metro system “is hemorrhaging bus riders.” The news was presented as, if not a crisis, at least an urgent matter that needs to be promptly addressed. Yet that’s hardly the case. It’s troubling, we’re supposed to infer, that “passengers have fled” ...
Blog
Is the Debate over Future of Work in CA ‘(Expletive) Feudalism All Over Again’?
Perhaps the most controversial bill of this year’s legislative session is legislation responding to last year’s state Supreme Court ruling that has the potential to disrupt how millions of people work in California. In the Dynamex ruling, the Court established a new three-prong test to determine who is an employee ...
Blog
Policymakers Are Between a Rock and A Hard Spot on Blockchain, Cryptocurrency
You may have heard about Libra, Facebook’s newest venture aimed at the cryptocurrency and blockchain industries. Facebook released a whitepaper on Libra in June, detailing how the company plans to use Libra as a decentralized blockchain, low-volatility cryptocurrency and smart contract platform to create innovation in financial services. While cryptocurrency ...
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 suggests that companies should ...
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 and Local Tax, or ...
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 2025, reduced the marginal income ...
NEW STUDY: State and Local Tax Deduction “Makes it Rain” in California, Paid for by Taxpayers in Low Tax States
A new study released today by the nonpartisan Pacific Research Institute, a California-based free market think tank, found that capping the State and Local Tax deduction brought broad-based tax relief to millions of Americans, while putting an end to taxpayers in low-tax states like Indiana subsidizing higher taxes and spending ...
Sally C. Pipes in the Las Vegas Review-Journal on gender pay gap at the White House
Sally C. Pipes offered her critique about a reported gender pay gap in the White House. “Sally Pipes of the conservative Pacific Research Institute in San Francisco argued, “You can’t just generally add up all the women and all the men. What are the titles and what does each job ...
CalPERS & CalSTRS Report Lower Than Expected Returns – Is ESG One Reason Why?
CalPERS and CalSTRS – the two largest public employee pension funds in both California and the nation –just announced their annual investment returns for the 2018-19 fiscal year. Once again, it’s not good news for California taxpayers. Both funds reported that their respective net return of investments came in under ...
What Will Brexit Mean for the US?
Every other year, I always take a big trip somewhere around the world. This fall, I’m excited to be traveling to England, Ireland, and Scotland for the first time. As I prepare for my trip, the UK is in the midst of great political turmoil – perhaps more than the ...
Californians’ Transportation Choices Should Be Left to Them—Not Bureaucrats
Last month, the Los Angeles Times reported that the Metro system “is hemorrhaging bus riders.” The news was presented as, if not a crisis, at least an urgent matter that needs to be promptly addressed. Yet that’s hardly the case. It’s troubling, we’re supposed to infer, that “passengers have fled” ...
Is the Debate over Future of Work in CA ‘(Expletive) Feudalism All Over Again’?
Perhaps the most controversial bill of this year’s legislative session is legislation responding to last year’s state Supreme Court ruling that has the potential to disrupt how millions of people work in California. In the Dynamex ruling, the Court established a new three-prong test to determine who is an employee ...
Policymakers Are Between a Rock and A Hard Spot on Blockchain, Cryptocurrency
You may have heard about Libra, Facebook’s newest venture aimed at the cryptocurrency and blockchain industries. Facebook released a whitepaper on Libra in June, detailing how the company plans to use Libra as a decentralized blockchain, low-volatility cryptocurrency and smart contract platform to create innovation in financial services. While cryptocurrency ...
