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Category Archives: California
Surprise, Suprise: Other States Looking to Take Businesses from California
In what is anything but a surprise, other states are looking to grab businesses located in the Bronze Golden State. This story from the Sacramento Bee highlights activities of development agencies in Nevada and Colorado. Given the current economic difficulties, … Continue reading
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When the Going Gets Tough, the Speaker Runs Away
You’re the Speaker of the California Assembly. The state faces a $24 billion deficit, and is broke. The state has had to issue registered warrants (IOUs). The political leadership—the governor, the majority and minority leaders of the state senate, the … Continue reading
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Schwarzenegger Vetoes Unconstitutional Budget
The Flash Report is stating that Governor Schwarzenegger this morning vetoed the unconstitutional tax increases passed by the Democrats two days ago. The Governator had vowed to veto any tax increases, stating that California must live within its means. Perhaps … Continue reading
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Constitutional Requirements? Who Cares!
Last night, Democrats in the California Assembly passed billions of new taxes on a party-line vote. There’s just one problem: Tax increases require a two-thirds vote. If these increases are signed into law, they’d be challenged—almost certainly successfully—and we’d be … Continue reading
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No Change In California
I’m enjoying the scenery in Las Vegas tonight. I just witnessed a beautiful sunset, with the sun peering out from beneath a high cloud from the mountains on the western edge of the Las Vegas valley. There’s no joy right … Continue reading
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Clunker Vouchers Likely Taxable in California
President Obama signed the Clunker Voucher program into law. This program will give automobile dealerships that register for it the ability to give out $3500 or $4500 vouchers to individuals for use when they buy a new vehicle that has … Continue reading
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California Dreaming
On Wednesday the California legislature rejected a proposed budget with $11 billion of cuts. California faces a $24 billion deficit. Democrats say they won’t vote for a budget which “cuts the safety net.” Republicans won’t vote for a budget with … Continue reading
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Are The Democrats Deaf and Blind?
See no evil, hear no evil, speak no evil is how one cliche goes. Well, in Sacramento it can be changed to don’t cut programs, increase taxes, and who cares what the voters, the Governor, or the Republicans say. Democrats … Continue reading
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California Democrats to Voters: We Don’t Care What You Think
The headline says it all. Democrats in the state legislature are telling California voters that it doesn’t matter that you turned down the budget initiatives last May, we know better and the solution must include tax increases. That’s the only … Continue reading
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Same Old Song and Dance
Today is June 16th. The California budget still hasn’t passed. Of course, this isn’t a surprise. Democrats in the Legislature are looking at tax increases. Specifically, an oil extraction tax and an increase in the tobacco tax. Wait, Russ, wasn’t … Continue reading
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