Category Archives: Legislation

Proposition 5 is one of the few non-bond initiatives that could impact taxes on this year’s California ballot. Proposition 5 changes sentencing for drug offenses, which may be good or bad depending on your views. It definitely impacts taxes, though. … Continue reading →

These three propositions do not directly impact taxes. Proposition 4 would mandate a waiting period for 48 hours before a minor could have an abortion. Proposition 8 would ban same-sex marriage. Proposition 9 adds victims rights to matters relating to … Continue reading →

Yet another bond proposal. This one would raise $980 million in bonds to help children’s hospitals. The downside is that it would cost taxpayers $2 billion per year over $30 years to repay the bonds. The bonds would be used … Continue reading →

Proposition 2 would change animal agriculture, a major industry in California. It would impact not only cattle and chickens but eggs and some other industries. Proposition 2 would require more “humane” handling of animals. This sounds innocuous, but it’s not. … Continue reading →

It’s time to begin our study of the ballot measures on California’s ballot in two weeks. I will be continuing my series on the presidential candidates—my article on John McCain will be up later this week. For now, let’s look … Continue reading →

This is the first of a three part series looking at what taxes might be under our new President. This series starts by looking at what might happen under a President Obama. Next week I’ll examine John McCain’s plans. In … Continue reading →

The bailout bill passed Congress today and was signed into law by President Bush this afternoon. I’m of mixed opinion on the bailout portion of the bill. But I’m thrilled about one part of the bill—this year’s AMT (Alternative Minimum … Continue reading →

Joe Kristan has an excellent post noting what some of the root causes of the financial mess are. He quotes and links from the Tax Policy Blog; bluntly, a lot of the blame falls on political schemes done in the … Continue reading →

With a very competitive election race between Democrat Barack Obama and Republican John McCain, the innuendo, charges, and rhetoric have flown back and forth. Senators McCain and Obama hold different views on many issues. Since I write a tax blog … Continue reading →