California
Blog
Spending Watch: More Debt Is More Taxes
As a recent Public Policy Institute of California (PPIC) poll confirms, this approach is out of step with “most Californians (56%) [who] would prefer to pay lower taxes and have a state government that provides fewer services”. With respect to solving the current budget crisis, the poll found that “fewer ...
Blog
Will lawmakers hinder Prop. 47 reform?
Prop 47 – A Lethal Public Policy Cocktail
Not one of the ten bills pending in the state legislature even mentions dangerous drugs. The CDAA ballot initiative addresses the complexities of prosecuting serial and repeat thieves and refocuses on the root cause – increasing dangerous drug addiction and the systemic, pharmacological, and economically compulsive violence that contribute to ...
Blog
Is California leaving a large amount of tax revenue on the table?
Flavored Tobacco Prohibition Bans Tax Revenues Not Products
Examining state tax revenues and the volume of legal cigarette sales, it appears that the ban has caused cigarette use to decline. As Figure 1 illustrates, the decline in tax paid cigarette sales accelerated in 2023 following the implementation of the ban. Lost sales translate into lost tax revenues for ...
Blog
Read latest on state budget debate and climate funding
Would the Sky Fall if Newsom’s Environmental Budget Cuts Are Enacted? Reality Says No.
CalMatters reports that “an array of key climate programs – including efforts to combat rising seas and help low-income Californians buy electric cars – face significant cuts and delays as California seeks to close a $56 billion deficit over the next two fiscal years.” Newsom’s latest proposal is “a 17% ...
Blog
Read latest on state budget
The Legislature’s Budget Paints White Roses Red
Consequently, the details released thus far indicate that legislators’ plan for balancing the 2024-25 budget will work on paper only. In practice, budget holes will likely persist for the current fiscal year and taxpayers should expect the budget drama to continue long after the official budget is passed on June ...
Blog
A Foster Care Racket
“You will be glad my lord, that I possess such an unsentimental view when I am managing your investments” – Ralph Nickelby in Nicholas Nickleby by Charles Dickens According to the California Children’s Law Center, in 2023 California housed and cared for as many as 60,000 children who, for a ...
Blog
CAPITAL IDEAS: Sacramento Wants to ‘CLEAR’ Out Private Sector Convenience for Millions of Travelers
California lawmakers want to run a business out of the state. What did this company do to deserve such a penalty? Is it connected to organized crime? Did it steal clients and customers? Does it traffic in contraband? No, it simply doesn’t fit with the political class’ sense of equity. ...
Blog
Portland gets serious about housing by slashing red tape
“The proposals, brought by Commissioner Carmen Rubio, would reduce bike parking requirements, allow residential units on the ground floor, relax rules for architectural reviews and temporarily suspend some requirements to hold neighborhood meetings in the areas where they want to build,” reported the Oregonian. As noted by Commissioner Rene Gonzalez ...
California
Wayne Winegarden – Newsom’s May Revised Budget
California is in a deep budget deficit. In the May Revised budget, Gov. Newsom’s makes real cuts and suggests some efficiency improvements but are they enough? PRI senior fellow in business and economics Wayne Winegarden unpacks the governor’s plan. The proposal still relies on too many budget gimmicks and fund ...
California
Read about Gov. Newsom's "May Revise" budget proposal
May Revise sets up California for painful spending choices and tax increases
Giving credit where it is due, Gov. Newsom’s “May Revise” budget proposal recognizes the seriousness of the situation. He proposes real cuts, opposes tax increases, and suggests some efficiency improvements – which are all positive steps. Unfortunately, the proposal still relies on too many budget gimmicks and fund shifts. The Newsom plan also underestimates the severity of the current budget shortfall that must be addressed. Making matters worse, growing economic headwinds, including the tech industry laying off over 81,000 people and California’s subpar personal income growth, raises concerns that the ...
Spending Watch: More Debt Is More Taxes
As a recent Public Policy Institute of California (PPIC) poll confirms, this approach is out of step with “most Californians (56%) [who] would prefer to pay lower taxes and have a state government that provides fewer services”. With respect to solving the current budget crisis, the poll found that “fewer ...
Will lawmakers hinder Prop. 47 reform?
Prop 47 – A Lethal Public Policy Cocktail
Not one of the ten bills pending in the state legislature even mentions dangerous drugs. The CDAA ballot initiative addresses the complexities of prosecuting serial and repeat thieves and refocuses on the root cause – increasing dangerous drug addiction and the systemic, pharmacological, and economically compulsive violence that contribute to ...
Is California leaving a large amount of tax revenue on the table?
Flavored Tobacco Prohibition Bans Tax Revenues Not Products
Examining state tax revenues and the volume of legal cigarette sales, it appears that the ban has caused cigarette use to decline. As Figure 1 illustrates, the decline in tax paid cigarette sales accelerated in 2023 following the implementation of the ban. Lost sales translate into lost tax revenues for ...
Read latest on state budget debate and climate funding
Would the Sky Fall if Newsom’s Environmental Budget Cuts Are Enacted? Reality Says No.
CalMatters reports that “an array of key climate programs – including efforts to combat rising seas and help low-income Californians buy electric cars – face significant cuts and delays as California seeks to close a $56 billion deficit over the next two fiscal years.” Newsom’s latest proposal is “a 17% ...
Read latest on state budget
The Legislature’s Budget Paints White Roses Red
Consequently, the details released thus far indicate that legislators’ plan for balancing the 2024-25 budget will work on paper only. In practice, budget holes will likely persist for the current fiscal year and taxpayers should expect the budget drama to continue long after the official budget is passed on June ...
A Foster Care Racket
“You will be glad my lord, that I possess such an unsentimental view when I am managing your investments” – Ralph Nickelby in Nicholas Nickleby by Charles Dickens According to the California Children’s Law Center, in 2023 California housed and cared for as many as 60,000 children who, for a ...
CAPITAL IDEAS: Sacramento Wants to ‘CLEAR’ Out Private Sector Convenience for Millions of Travelers
California lawmakers want to run a business out of the state. What did this company do to deserve such a penalty? Is it connected to organized crime? Did it steal clients and customers? Does it traffic in contraband? No, it simply doesn’t fit with the political class’ sense of equity. ...
Portland gets serious about housing by slashing red tape
“The proposals, brought by Commissioner Carmen Rubio, would reduce bike parking requirements, allow residential units on the ground floor, relax rules for architectural reviews and temporarily suspend some requirements to hold neighborhood meetings in the areas where they want to build,” reported the Oregonian. As noted by Commissioner Rene Gonzalez ...
Wayne Winegarden – Newsom’s May Revised Budget
California is in a deep budget deficit. In the May Revised budget, Gov. Newsom’s makes real cuts and suggests some efficiency improvements but are they enough? PRI senior fellow in business and economics Wayne Winegarden unpacks the governor’s plan. The proposal still relies on too many budget gimmicks and fund ...
Read about Gov. Newsom's "May Revise" budget proposal
May Revise sets up California for painful spending choices and tax increases
Giving credit where it is due, Gov. Newsom’s “May Revise” budget proposal recognizes the seriousness of the situation. He proposes real cuts, opposes tax increases, and suggests some efficiency improvements – which are all positive steps. Unfortunately, the proposal still relies on too many budget gimmicks and fund shifts. The Newsom plan also underestimates the severity of the current budget shortfall that must be addressed. Making matters worse, growing economic headwinds, including the tech industry laying off over 81,000 people and California’s subpar personal income growth, raises concerns that the ...
