California government in general, and the state Board of Equalization in particular, are hives of nepotism. That ought not to be the case, particularly in a state with a voter-approved law, Proposition 209, against preferences in state employment, education and contracting. Nobody does anything about favoritism and lately lawmakers have been taking it to…
Read More »
As Lawrence McQuillan notes in California Dreaming: Lessons on How to Resolve America’s Public Pension Crisis, outlandish pensions for government employees have put state budgets in crisis and threaten the services taxpayers receive. In California, government employees could retire at age 55 with two percent of their salary for each year of state employment….
Read More »
California’s Board of Equalization does not equalize anything, so even its name is misleading. It’s a tax agency, with a budget of more than $650 million, so no surprise that the BOE has misallocated $50 million in tax revenue and members use BOE events to promote their own careers, at taxpayer expense. State government…
Read More »
In 1990, Gilbert Hyatt was awarded the patent for the first single-chip microprocessor. The computer industry welcomed this invention, earning Hyatt a lot of money. He soon moved to Nevada, which has no state income tax. California’s Franchise Tax Board (FTB) claimed Hyatt lied about his residency, and that he owed $7.4 million in…
Read More »
California has added Texas, Alabama, Kentucky and South Dakota to its travel ban. State attorney general Xavier Becerra made the announcement accompanied by representatives from the ACLU and Equality California, which apparently fancy themselves part of government. California’s AB1887, enacted last year, purports to ban state employees from travelling to states perceived to discriminate…
Read More »
Last month we suggested that California’s Board of Equalization deserved a stop on the California Corruptour, modeled on the one now functioning in Mexico. The BOE, which does not equalize anything, has misallocated nearly $50 million in tax revenue. BOE members have been spending public funds to promote themselves, staging useless events, and dishing…
Read More »
With the April deadline looming, taxpayers might ponder the prospects of filing a return in which they fail to account for millions of dollars. As it happens, that is the case with a California tax agency. According to Board of Equalization member Betty Yee, who is now state controller, the BOE misallocated $47.8 million…
Read More »
Back in the day, Jerry Brown earned the nickname “Governor Moonbeam” for proposing that California launch its own communications satellite. “I didn’t get that moniker for nothing,” Brown recently proclaimed, adding, “if Trump turns off the satellites, California will launch its own damn satellite.” The governor did not indicate what this satellite might cost,…
Read More »