Category Archives: California

Last night I attended my monthly continuing education meeting. Lynn Freer, the head of Spidell, believes that sooner or later the bad budget bill being debated in Sacramento will be approved. I’m hopeful that they’ll throw it in the trash … Continue reading →

As of this writing there’s no budget in California (doesn’t this sound familiar). That doesn’t mean that when I wake up in the morning that there won’t be a budget but it appears that the Democrats still need one more … Continue reading →

The California budget crisis continues. As of this writing, the Legislature is locked in at the Capitol. There are apparently the votes to pass the budget in the Assembly, but Senate Democrats need to convince either one or two Republicans … Continue reading →

Various reports from Sacramento hint that a budget deal has been struck. UPI’s report states (from the Sacramento Bee) Sources close to the negotiations told the newspaper that the tax provisions include an across-the-board hike in the income tax, higher … Continue reading →

I like living in Irvine. It’s a great community, I have lots of friends, and I enjoy my home. But is the state so broken that no business can succeed here long-term? It’s not that I’m upset with the budget … Continue reading →

I heard while driving last week that global warming enthusiasts predicted a severe drought this year in California. Of course, the dry weather of January promptly changed to a rainy pattern that is now predicted to last for at least … Continue reading →

California continues to limp towards fiscal Armageddon, with no change in the positions of either the Republicans (“cut spending now”) and the Democrats (“increase taxes now”). Meanwhile, a Sacramento judge ruled that Governor Schwarzenegger’s mandatory furloughs are legal. Many state … Continue reading →

There’s been no real change in California’s budget crunch this week. Democrats still don’t want to cut programs and Republicans still don’t want to increase taxes; all Governor Schwarzenegger wants is a way to resolve the crisis. I don’t see … Continue reading →

Spidell today reported that California taxpayers who file by January 23rd and request a refund direct deposited into their bank accounts would likely get their refunds. Anyone who files after that date will likely have their refunds on hold. Unfortunately, … Continue reading →