Archive for January 26th, 2018

Jerry Brown’s Statist Curtain Call


Friday January 26th, 2018   •   Posted by K. Lloyd Billingsley at 12:05pm PST   •   1 Comment

Before Jerry Brown’s 16th and final State of the State address Thursday, the New York Times wondered if he would use the address to “push for reforms in California’s notoriously dysfunctional tax system, hamstrung by Proposition 13 and a heavy reliance on volatile capital gains tax revenues.” Brown did no such thing but he…
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Taxoholism Goes Epidemic


Friday January 26th, 2018   •   Posted by K. Lloyd Billingsley at 4:47am PST   •   1 Comment

As we noted, California has the highest top marginal income-tax rate of 13.3 percent and the highest base sales tax rate of 7.5 percent. The state also deploys a corporate tax rate of 8.84 percent but now state Democrats Kevin McCarty and Phil Ting want a constitution amendment that would slap any company with…
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