California

Business & Economics

Good tort system a budget key

The deteriorating economy has pushed many state budgets into deficit, including Alabama’s, but the problem is not uniform. Indeed, a new study by the National Conference of State Legislatures examines the revenue and expenditure situation in the 50 U.S. states for the current fiscal year and next. Sixteen states face ...
Business & Economics

High (Tax) Times in California?

It is going to be a long hot summer in California’s capital as negotiations heat up over what Gov. Arnold Schwarzenegger in late April projected to be a $20.2 billion budget deficit for next fiscal year, starting July 1. Because a two-thirds majority is required to pass the budget, some ...
Business & Economics

The Government’s Scapegoats

With food and energy prices soaring, housing prices collapsing, and the economy sinking into what could be a deep recession, the government has been searching around for villains. The latest scapegoats are speculators, OPEC, and of course, the big bad oil companies. As usual, our government ignores its own role ...
Commentary

Will Romneycare Hurt Mitt’s VP Bid?

As I was glassing over the news that I have missed over the last week, I came across this item from May 21 edition of the Wall Street Journal: The New Big DigMay 21, 2008; Page A18 Mitt Romney’s presidential run is history, but it looks as if the taxpayers ...
Commentary

School-choice successes grow

Georgia approves private-school scholarships funded with tax credits Georgia Gov. Sonny Perdue signed into law last week a universal school-choice program that uses corporate and individual tax credits to create $50 million in scholarships to private schools. The law is the latest advance in the school-choice movement, which has seen ...
Commentary

Independent explores new perspective

A whole new world of political thought opened to Vancouver’s Ceci Ryan Smith last month at a well-known ranch in California. She was guest at a conservative women’s conference at the Reagan Ranch Center. Ceci (wife of Vancouver’s Dave Smith, mother of two, board member of the Vancouver Housing Authority ...
California

San Francisco Health Access Plan Shakedown?

I have long alleged that the real (unstated) objective of San Francisco’s Health Access Plan was to direct more tax money and power to the City’s public health bureaucracy, and the experience so far does nothing to dispel that. It’s certainly not doing much to get health care to anyone, ...
Business & Economics

California Budget Revision Proves It: You Can’t Trust the State With Health Care

As California struggles to get control of its budget deficit, Governor Schwarzenegger (who as recently as January collaborated with Democrats to almost wrangle a $15 billion health care tax and spending increase through the legislature) has been forced to propose cutting $2 billion (5 percent) from the state budget for ...
Business & Economics

Ending the Revenue Rollercoaster – The Benefits of a Three Percent Flat Income Tax for California

The PRI flat-tax plan for California will greatly simplify the current tax code. It will completely eliminate the alternative minimum tax, as well as estate, inheritance, and gift taxes. It will also revamp the convoluted, loophole-ridden corporate and personal income-tax codes with a simple flat rate of 3 percent on ...
Business & Economics

New speaker’s agenda

SACRAMENTO — Assembly Speaker-elect Karen Bass, D-Los Angeles, sounds as if she wants to continue the good working relationship with Gov. Arnold Schwarzenegger forged by outgoing Speaker Fabian Nunez, also a Los Angeles Democrat. Bass, who takes office Tuesday, said at a news conference today that Schwarzenegger has talked to ...
Business & Economics

Good tort system a budget key

The deteriorating economy has pushed many state budgets into deficit, including Alabama’s, but the problem is not uniform. Indeed, a new study by the National Conference of State Legislatures examines the revenue and expenditure situation in the 50 U.S. states for the current fiscal year and next. Sixteen states face ...
Business & Economics

High (Tax) Times in California?

It is going to be a long hot summer in California’s capital as negotiations heat up over what Gov. Arnold Schwarzenegger in late April projected to be a $20.2 billion budget deficit for next fiscal year, starting July 1. Because a two-thirds majority is required to pass the budget, some ...
Business & Economics

The Government’s Scapegoats

With food and energy prices soaring, housing prices collapsing, and the economy sinking into what could be a deep recession, the government has been searching around for villains. The latest scapegoats are speculators, OPEC, and of course, the big bad oil companies. As usual, our government ignores its own role ...
Commentary

Will Romneycare Hurt Mitt’s VP Bid?

As I was glassing over the news that I have missed over the last week, I came across this item from May 21 edition of the Wall Street Journal: The New Big DigMay 21, 2008; Page A18 Mitt Romney’s presidential run is history, but it looks as if the taxpayers ...
Commentary

School-choice successes grow

Georgia approves private-school scholarships funded with tax credits Georgia Gov. Sonny Perdue signed into law last week a universal school-choice program that uses corporate and individual tax credits to create $50 million in scholarships to private schools. The law is the latest advance in the school-choice movement, which has seen ...
Commentary

Independent explores new perspective

A whole new world of political thought opened to Vancouver’s Ceci Ryan Smith last month at a well-known ranch in California. She was guest at a conservative women’s conference at the Reagan Ranch Center. Ceci (wife of Vancouver’s Dave Smith, mother of two, board member of the Vancouver Housing Authority ...
California

San Francisco Health Access Plan Shakedown?

I have long alleged that the real (unstated) objective of San Francisco’s Health Access Plan was to direct more tax money and power to the City’s public health bureaucracy, and the experience so far does nothing to dispel that. It’s certainly not doing much to get health care to anyone, ...
Business & Economics

California Budget Revision Proves It: You Can’t Trust the State With Health Care

As California struggles to get control of its budget deficit, Governor Schwarzenegger (who as recently as January collaborated with Democrats to almost wrangle a $15 billion health care tax and spending increase through the legislature) has been forced to propose cutting $2 billion (5 percent) from the state budget for ...
Business & Economics

Ending the Revenue Rollercoaster – The Benefits of a Three Percent Flat Income Tax for California

The PRI flat-tax plan for California will greatly simplify the current tax code. It will completely eliminate the alternative minimum tax, as well as estate, inheritance, and gift taxes. It will also revamp the convoluted, loophole-ridden corporate and personal income-tax codes with a simple flat rate of 3 percent on ...
Business & Economics

New speaker’s agenda

SACRAMENTO — Assembly Speaker-elect Karen Bass, D-Los Angeles, sounds as if she wants to continue the good working relationship with Gov. Arnold Schwarzenegger forged by outgoing Speaker Fabian Nunez, also a Los Angeles Democrat. Bass, who takes office Tuesday, said at a news conference today that Schwarzenegger has talked to ...
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