Editorial: California’s budget worries are far from over
Evidence abounds that California is less than half way through the process of grinding toward a budget fix.
Editorial: Retroactive tax payments would punish job creators
The Franchise Tax Board’s decision to retroactively tax small-business owners who sold their companies smacks of a bureaucratic over-reach.
Editorial: Prop. 30 promises may fall short on delivery
It turns out the post-election reality is far more complicated than the pre-election promise.
Stability fund could pave way for California out of budget hole
A stability fund should be put into place to hold and recycle windfall IPO tax revenue.
Editorial: Gov. Brown’s pension moves don’t go far enough
The reforms themselves won’t fix California’s deep pension woes.
Editorial: Private sector, not train, likely to put state on track
Despite an improving economy, discontent is simmering across California this summer.
Editorial: $2.3B is too much change to find in couch
Just how “special” are California’s “special funds”? It turns out they are very special indeed. News reports during late July ripped the mask off these stealth reserves, revealing the fact that millions of dollars in cash are lying around in accounts reserved for recycling, parks and other state-operated activities. Even state organizations that have gone Read More →
