Category Archives: California

49ers Sacked by Santa Clara County

Posted on June 25, 2012 by Russ

The San Francisco 49ers want a new stadium instead of playing at Candlestick Park. And in 2010 voters in Santa Clara approved the financing of a stadium. However, a monkey wrench was thrown into the plans last week when Santa … Continue reading →

Posted in California, Property Taxes | Tagged | 1 Comment

California Cigarette Tax Voted Down

Posted on June 24, 2012 by Russ

Proposition 29 on the June ballot in California would have increased cigarette taxes in the state by $1 per pack. On Friday, supporters officially threw in the towel and conceded defeat. Though there are 110,000 votes still to be counted, … Continue reading →

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California Dreamin’

Posted on June 17, 2012 by Russ

The California legislature passed yet another Bad Budget™ that used gimmicks and a hoped for tax increase this fall to balance the budget. The budget passed on a party-line vote with no Republican support. Governor Jerry Brown has not yet … Continue reading →

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I’m Shocked to Find That People Move from High-Tax States to Low-Tax States

Posted on June 3, 2012 by Russ

Well, not really. This post by the Tax Foundation notes that New Yorkers are finding other states, such as Florida, far less taxing and are relocating there. The story references the New York Post; that newspaper ran a story noting … Continue reading →

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Another Survey, Another Bad Result for California

Posted on May 30, 2012 by Russ

Yet another survey puts California among the worst three states from a tax perspective. Alvarez & Marsal Taxand, a consulting and tax advisory firm, surveyed 800 financial executives (302 responded). Among the questions asked was Which states do you view … Continue reading →

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Strip Club Tax Proposed in California; Unlikely to Become Law

Posted on May 22, 2012 by Russ

There’s now a proposal in California to tax strip clubs. The revenue that would be raised by the tax, proposed at $10 per patron, would go to rape crisis centers in the state. However, because this is a tax it … Continue reading →

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Budgeting, California Style

Posted on May 20, 2012 by Russ

The news came out this week from California’s non-partisan Legislative Analyst that the budget deficit in the Bronze Golden State is now $17 billion, up from $15.7 billion (and the $9 billion it was noted as just a couple of … Continue reading →

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Another Survey, Another “F” for California

Posted on May 10, 2012 by Russ

While Governor Brown and others in the Bronze Golden State continue to debate how to increase taxes, perhaps they’ll look at yet another survey which shows that California is at the bottom for business (among US states). With thanks to … Continue reading →

Posted in California, Nevada, Texas | 2 Comments

Texas #1, California #50 in Business Location Survey

Posted on May 3, 2012 by Russ

Another week, another survey of which state is best for business. For the eighth straight year, Chief Executive magazine ranked Texas as the best state in the union as to where to conduct business. Unsurprisingly, California is at the bottom. … Continue reading →

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Franchise Tax Board v. Hyatt to be Argued on May 7th

Posted on April 29, 2012 by Russ

The oral arguments in the appeal by California’s Franchise tax Board in Gilbert Hyatt’s lawsuit against the Board will be heard on May 7th in Carson City by the Nevada Supreme Court. The FTB is appealing the nearly $500 million … Continue reading →

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