Search Results for: wealth tax – Page 9
Business & Economics
Lessons from the $388-Million Hyatt Case: How current tax policy hurts California, and how the state can fix its revenue problem
California’s financial problems may have gotten worse by $388 million, according to an August 16 Nevada trial verdict in favor of an inventor mistreated by California’s Franchise Tax Board. The unprecedented case highlights California’s enforcement tactics and points to the solution for state revenue instability. Gilbert P. Hyatt, an electrical ...
Business & Economics
The annual budget paradox: taxes hit Dems, cuts hit Reeps
One knock against politicians is that they’re always trying to bring pork back to their districts. But when it comes to California’s annual Kabuki budget dance, a new pattern emerges: Republicans try to cut spending-often even money likely to flow to their own districts-while Democrats try to pass taxes that ...
Commentary
Commonwealth Fund’s Count of “Underinsured”: Lifting the Carpet
Once again, the scholars at the Commonwealth Fund have scared the bejayzus out of the mainstream media with their latest reckoning that over 25 million Americans are “underinsured”. While the 2007 numbers look worse than the previous ones from 2003 (when the estimate was only 15.6 million), the problems with ...
Business & Economics
Conservative flat tax idea could serve liberal ends
Facing a shortfall that Gov. Arnold Schwarzenegger has estimated at $20 billion, Democratic lawmakers in the Capitol are looking for a way to raise tax revenue. They might want to adopt and modify an idea advocated by a conservative think tank – and increase tax revenue while lowering tax rates. ...
Commentary
Massachusetts’ Commonwealth Connector’s Compliance Confusion
Advocates of so-called “universal” health care often cite the “fragmentation” of the status quo as reason enough to increase taxes and fines so that everybody has health insurance – whether we like what’s offered or not. And, they have a point: the employer-based health care system lets a lot of ...
California
The Lowdown on the Politico Sacramento Summit
This week, Tim and Matt discuss Democratic gubernatorial candidate Xavier Becerra’s long-overdue Sacramento press conference. They then explore what Becerra, GOP nominee Steve Hilton, and Attorney General Rob Bonta had to say at the Politico Sacramento Summit. Finally, they dive into new poll numbers on the governor’s race and key ...
California
What is Gavin Newsom doing all day?
This week, Tim and Matt discuss the latest release of Gov. Gavin Newsom’s calendar and explore the larger issue of public officials in California releasing their schedules. They also discuss Newsom’s political roadshow to Michigan, the California Labor Federation endorsing the wealth tax, and California Forever making an end of ...
California
Assembly Republicans Oust Their Leader
This week, Tim and Matt discuss the breaking news that Assembly Republicans have voted to oust Heath Flora as Leader, in favor of Alexandra Macedo. They also discuss California Democrats voting to endorse the wealth tax ballot measure, Gavin Newsom trumpeting the latest state minimum wage hike, and Steve Hilton ...
California
Why the New State Budget Strips Power From Tony Thurmond . . . And Other Big Capitol News
This week, Tim and Matt talk about how they celebrated America’s 250th birthday. Then they discuss the hot news at the State Capitol including the (finally) enacted 2026-27 state budget, a last-minuted budget provision shifting more power over education into the Governor’s office, Gov. Newsom coming out for a federal ...
California
A Super Bowl of an Episode
This week, Tim and Matt talk about California’s turn in the national spotlight hosting Super Bowl 60, including the controversy over the halftime entertainment and the huge California tax bill winning quarterback Sam Darnold faces. They also talk about the latest developments in the governor’s race, the debate over the ...
Lessons from the $388-Million Hyatt Case: How current tax policy hurts California, and how the state can fix its revenue problem
California’s financial problems may have gotten worse by $388 million, according to an August 16 Nevada trial verdict in favor of an inventor mistreated by California’s Franchise Tax Board. The unprecedented case highlights California’s enforcement tactics and points to the solution for state revenue instability. Gilbert P. Hyatt, an electrical ...
The annual budget paradox: taxes hit Dems, cuts hit Reeps
One knock against politicians is that they’re always trying to bring pork back to their districts. But when it comes to California’s annual Kabuki budget dance, a new pattern emerges: Republicans try to cut spending-often even money likely to flow to their own districts-while Democrats try to pass taxes that ...
Commonwealth Fund’s Count of “Underinsured”: Lifting the Carpet
Once again, the scholars at the Commonwealth Fund have scared the bejayzus out of the mainstream media with their latest reckoning that over 25 million Americans are “underinsured”. While the 2007 numbers look worse than the previous ones from 2003 (when the estimate was only 15.6 million), the problems with ...
Conservative flat tax idea could serve liberal ends
Facing a shortfall that Gov. Arnold Schwarzenegger has estimated at $20 billion, Democratic lawmakers in the Capitol are looking for a way to raise tax revenue. They might want to adopt and modify an idea advocated by a conservative think tank – and increase tax revenue while lowering tax rates. ...
Massachusetts’ Commonwealth Connector’s Compliance Confusion
Advocates of so-called “universal” health care often cite the “fragmentation” of the status quo as reason enough to increase taxes and fines so that everybody has health insurance – whether we like what’s offered or not. And, they have a point: the employer-based health care system lets a lot of ...
The Lowdown on the Politico Sacramento Summit
This week, Tim and Matt discuss Democratic gubernatorial candidate Xavier Becerra’s long-overdue Sacramento press conference. They then explore what Becerra, GOP nominee Steve Hilton, and Attorney General Rob Bonta had to say at the Politico Sacramento Summit. Finally, they dive into new poll numbers on the governor’s race and key ...
What is Gavin Newsom doing all day?
This week, Tim and Matt discuss the latest release of Gov. Gavin Newsom’s calendar and explore the larger issue of public officials in California releasing their schedules. They also discuss Newsom’s political roadshow to Michigan, the California Labor Federation endorsing the wealth tax, and California Forever making an end of ...
Assembly Republicans Oust Their Leader
This week, Tim and Matt discuss the breaking news that Assembly Republicans have voted to oust Heath Flora as Leader, in favor of Alexandra Macedo. They also discuss California Democrats voting to endorse the wealth tax ballot measure, Gavin Newsom trumpeting the latest state minimum wage hike, and Steve Hilton ...
Why the New State Budget Strips Power From Tony Thurmond . . . And Other Big Capitol News
This week, Tim and Matt talk about how they celebrated America’s 250th birthday. Then they discuss the hot news at the State Capitol including the (finally) enacted 2026-27 state budget, a last-minuted budget provision shifting more power over education into the Governor’s office, Gov. Newsom coming out for a federal ...
A Super Bowl of an Episode
This week, Tim and Matt talk about California’s turn in the national spotlight hosting Super Bowl 60, including the controversy over the halftime entertainment and the huge California tax bill winning quarterback Sam Darnold faces. They also talk about the latest developments in the governor’s race, the debate over the ...