Taxes
Assembly Progressives’ Solution to Astronomical Gas Prices? Increase Taxes on Gas
Only in California will you witness Assembly progressives hijacking a bill that suspends a tax to gut-and-amend it with language that enacts a new tax. Assemblymember Kevin Kiley (R-Rocklin) introduced Assembly Bill 1638 at the beginning of this year in response to the considerable jump in gas prices following the …
Who Will Benefit from the Great Gas Tax Rebate Debate of 2022?
By Tim Anaya and Wayne Winegarden The news that average gas prices per gallon in Los Angeles County have soared past $6 per gallon has triggered the “Great Gas Tax Rebate Debate of 2022.” Democrats and Republicans in Sacramento are pushing dueling gas tax relief proposals. Legislative Republicans have proposed …
Wealth Taxes are Economic Failures
By Wayne Winegarden and Kerry Jackson California Assemblymember Alex Lee should have studied Europe’s experiences before introducing his wealth tax proposal. Had he done so, he never would have introduced Assembly Bill 2289 that, if adopted, would impose 1% annual tax rate on couples with net worths exceeding $50 million and …
Will Californians Ever See Relief from Rising Gas Prices?
On Feb. 21, the price of a gallon of gasoline reached $4.68 in Bakersfield, a record high for the city – which happens to sit almost in the middle of the county that pumps 75% of all oil produced in California. Not that Kern County motorists can drive to the …
No More Games – Return the Surplus to CA Taxpayers
Last year, I got a kick out of playing CalMatters’ Spend the Surplus Game. This year, not so much. CalMatters created a clever online game that lets you decide how California should spend its surplus. This year, it’s projected to be $45.7 billion. Of that amount however, I only get …
A Better California Doesn’t Require A Big-Government Budget
For most, “budget” means a set amount of money they’re able to spend over a defined period of time, such as the funds available in a household account. To California lawmakers, “budget” holds a different meaning. In their world, it typically defines an opportunity to freely spend a massive harvest …
Amid Inflation, Skyrocketing Prices, Will Sacramento Actually Cut Gas Taxes?
There has been much speculation on Right by the Bay and elsewhere about how Gov. Gavin Newsom will address surging state tax revenue to meet the requirements of the so-called Gann Limit. Newsom promised in his 3-hour marathon Jan. 10 budget press conference that details about potential tax relief for …
Time to Cut Gas Taxes?
The Bureau of Labor Statistics announced earlier this month that energy prices in the U.S. rose 33 percent for the 12 months ending November. In many regions of California, prices rose even higher. In the L.A.-Long Beach-Anaheim region, energy prices jumped 35 percent. In the Inland Empire, prices shot up …
Breaking Down Barriers to Opportunity Would Do More to Build ‘Equitable’ California Than Higher Spending
Shortly after the New Year’s holiday, Gov. Gavin Newsom will kick off “state budget season” when he releases his 2022-23 state budget proposal on January 10. In a sign that perhaps lawmakers won’t be ceding as much of the spotlight to Newsom in 2022 that they have in 2021, Democratic …
NEW STUDY: Government Fees ‘Nickel and Dime’ Californians Out of Hundreds of Dollars Per Year
California “nickel and dimes” consumers with hundreds of dollars in fees annually for under-utilized services, and their repeal would give relief from the high cost-of-living and make fees more efficient and accountable, finds a new study released today by California-based, nonpartisan, free-market think tank, the Pacific Research Institute. “While …
Assembly Progressives’ Solution to Astronomical Gas Prices? Increase Taxes on Gas
Only in California will you witness Assembly progressives hijacking a bill that suspends a tax to gut-and-amend it with language that enacts a new tax. Assemblymember Kevin Kiley (R-Rocklin) introduced Assembly Bill 1638 at the beginning of this year in response to the considerable jump in gas prices following the …
Who Will Benefit from the Great Gas Tax Rebate Debate of 2022?
By Tim Anaya and Wayne Winegarden The news that average gas prices per gallon in Los Angeles County have soared past $6 per gallon has triggered the “Great Gas Tax Rebate Debate of 2022.” Democrats and Republicans in Sacramento are pushing dueling gas tax relief proposals. Legislative Republicans have proposed …
Wealth Taxes are Economic Failures
By Wayne Winegarden and Kerry Jackson California Assemblymember Alex Lee should have studied Europe’s experiences before introducing his wealth tax proposal. Had he done so, he never would have introduced Assembly Bill 2289 that, if adopted, would impose 1% annual tax rate on couples with net worths exceeding $50 million and …
Will Californians Ever See Relief from Rising Gas Prices?
On Feb. 21, the price of a gallon of gasoline reached $4.68 in Bakersfield, a record high for the city – which happens to sit almost in the middle of the county that pumps 75% of all oil produced in California. Not that Kern County motorists can drive to the …
No More Games – Return the Surplus to CA Taxpayers
Last year, I got a kick out of playing CalMatters’ Spend the Surplus Game. This year, not so much. CalMatters created a clever online game that lets you decide how California should spend its surplus. This year, it’s projected to be $45.7 billion. Of that amount however, I only get …
A Better California Doesn’t Require A Big-Government Budget
For most, “budget” means a set amount of money they’re able to spend over a defined period of time, such as the funds available in a household account. To California lawmakers, “budget” holds a different meaning. In their world, it typically defines an opportunity to freely spend a massive harvest …
Amid Inflation, Skyrocketing Prices, Will Sacramento Actually Cut Gas Taxes?
There has been much speculation on Right by the Bay and elsewhere about how Gov. Gavin Newsom will address surging state tax revenue to meet the requirements of the so-called Gann Limit. Newsom promised in his 3-hour marathon Jan. 10 budget press conference that details about potential tax relief for …
Time to Cut Gas Taxes?
The Bureau of Labor Statistics announced earlier this month that energy prices in the U.S. rose 33 percent for the 12 months ending November. In many regions of California, prices rose even higher. In the L.A.-Long Beach-Anaheim region, energy prices jumped 35 percent. In the Inland Empire, prices shot up …
Breaking Down Barriers to Opportunity Would Do More to Build ‘Equitable’ California Than Higher Spending
Shortly after the New Year’s holiday, Gov. Gavin Newsom will kick off “state budget season” when he releases his 2022-23 state budget proposal on January 10. In a sign that perhaps lawmakers won’t be ceding as much of the spotlight to Newsom in 2022 that they have in 2021, Democratic …
NEW STUDY: Government Fees ‘Nickel and Dime’ Californians Out of Hundreds of Dollars Per Year
California “nickel and dimes” consumers with hundreds of dollars in fees annually for under-utilized services, and their repeal would give relief from the high cost-of-living and make fees more efficient and accountable, finds a new study released today by California-based, nonpartisan, free-market think tank, the Pacific Research Institute. “While …
