Why I Support the Amazon Deal
AB 155, as proposed to be amended, will retroactively repeal the “Amazon Tax” for a year or longer, allowing time for impacted parties to seek a federal solution to the dispute. This is far from a...
View ArticleAmazon Compromise Both Good and Bad
I’m glad the Governor signed compromise legislation today to help get some California affiliates back to work and bring thousands of Amazon.com distribution jobs to California. That’s very good news....
View ArticleSales Tax Hike Would Cost 23,000 Jobs
Today I released a dynamic analysis by the Board of Equalization showing that the Governor’s proposed sales tax increase will cost California jobs. According to the analysis, a higher sales tax rate...
View ArticleJuly Sales Tax Revenues Didn’t Plummet
Contrary to what you may have heard, the sky is not falling in California—at least not as it pertains to sales tax revenue. I’m pleased to report that sales and use tax revenues are doing just fine....
View ArticleSales Tax Revenue on Track
It’s too early to know for sure, but so far sales tax revenue this year appears to be largely on track to meet the state’s budget needs. The latest general fund sales and use tax revenue numbers show...
View ArticleSuccess of Budget Hinges on Taxpayer Decisions
The Legislature should be commended for approving an on-time budget and exercising some measure of restraint. However, the success of this budget hinges on the decisions of a very small number of...
View ArticleGovernment Manipulations Create Unemployment Purgatory
Nearly every news outlet in California has been gleefully reporting that the state economy is bouncing back. While recent newsreports show unemployment has slightly dropped, the facts show otherwise —...
View ArticlePoliticians Lie About Their Love For the Middle Class
Destroy the middle class in America, and Socialism takes over – economic growth is killed, people turn on each other, free speech is attacked, the government grows and becomes more tyrannical, and...
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