Author Archives: Russ

And California’s Rich Aren’t Taxed Enough

That’s the Democrats’ view, in this article in the Los Angeles Times. The article says that because of Proposition 13 limits on property taxes (properties are not reassessed until a change in ownership), California loses tax revenues. It’s true. It’s … Continue reading

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California’s Bankrupt Tax System

If you run a business, you need to turn a profit in order to stay in business. If you have a non-profit, your revenues and expenses need to balance. But if you’re the Federal Government, you can have a deficit: … Continue reading

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Why This Blog

After reading Hugh Hewitt’s Blog, starting a blog for Clayton Financial and Tax became a necessity, not a project for “tomorrow” (whenever that is). There are already some excellent blogs covering taxes (see the blogroll on the right–if yours isn’t … Continue reading

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Who Is Russ, Anyway?

Russell Fox is the principal of Clayton Financial and Tax. Russ has been in financial management and tax for over 22 years, and has previously served as a CFO for a dot-com. Russ received his MBA from the University of … Continue reading

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