Editorial: Bidding good riddance to the awful 1099 rule
The so-called “1099 rule” was a disaster waiting to happen. Happily, it is a disaster that looks like it will be averted. News shortly before Thanksgiving that the U.S. Small Business Administration was publicly opposing the rule seems to be the last nail in the coffin for this ill-conceived tax on entrepreneurship. As the Business Read More →
Editorial: Give till it helps
The Business Times encourages tri-county businesses to follow the lead of Montecito Bank & Trust, which gives away $1 million in Community Dividends each fall.
Editorial: Economic development needs a regional touch
All of a sudden, economic development is the talk of the Tri-Counties. San Luis Obispo County is out with a blueprint for its economic future — the first such effort in decades. Santa Barbara County is talking — and so far it’s just talk — about becoming more business-friendly, at least as far as retaining Read More →
Editorial: Banks turning a big corner
Third quarter results on the banking front hint at a long-awaited turnaround in the region’s financial services industry. Pacific Capital Bancorp., the region’s largest banking institution, posted a profit for the month of September after getting a $500 million infusion from the Ford Financial group out of Texas. The bank has essentially got a new Read More →
Editorial: Keep Oxnard business-friendly
There’s a bit of a “reform” movement afoot in Oxnard, the region’s largest city. Mayor Tom Holden won re-election even in the face of a district attorney’s investigation of some city officials, but the City Council has undergone some big changes. We hope the newly elected council members, Tim Flynn and Carmen Ramirez, remember Oxnard’s Read More →
Editorial: Safe seats aren’t forever
Right now it’s hard to imagine the Central Coast represented in Congress by someone other than Elton Gallegly, R-Simi Valley, or Lois Capps, D-Santa Barbara. And it’s hard to imagine Assembly districts safer than the ones won by Democrat Das Williams or Republican Jeff Gorrell. But the day is coming when, thanks to redistricting, congressional Read More →
