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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As we noted, the new federal tax bill caps the amount state taxes filers can deduct on their federal return at $10,000. That displeases California’s senate boss Kevin de Leon, whose Protect California Taxpayers Act will allow Californians to pay their state income taxes as though they were a charitable donation, and therefore fully…
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Last February 7 during heavy rains the Oroville Dam’s concrete spillway failed, launching fears of a complete dam failure, and forcing the evacuation of 188,000 people. As it turned out, government engineers knew for decades that the alternate earthen spillway was unreliable but failed to reinforce it with concrete. As Rep. John Garamendi famously…
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The recently passed federal tax bill lowers the corporate rate from 35 to 21 percent, reduces rates in five of the seven tax brackets, and according to the New York Times will cut taxes for about 75 percent of filers in 2018. The bill also caps the amount of state taxes filers can deduct on their federal…
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As fires rage in southern California, driving nearly 90,000 people from their homes, recurring governor Jerry Brown explains that that because of climate change such fires could be “the new normal” and “this could be something that happens every year or every few years.” As usual, the governor ignores a key back story. The…
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In housing, California has been in the throes of what Oakland mayor Libby Schaaf, calls an “affordability crisis.” This year governor Jerry Brown signed a batch of bills designed to end the crisis and, as Assemblyman Richard Bloom put it, “make housing affordable again.” Those currently priced out of the market might recall past…
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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…
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Two years ago, as we noted, California’s high-speed rail project was facing 36 miles of tunnels through the mountains north of Los Angeles, a tectonically complex area abounding in earthquake faults. As independent experts observed, these tunnels would have been the most ambitious tunneling project in U.S. history, with 90% odds of massive cost…
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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….
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As we noted, even with a single tunnel, Jerry Brown’s massive $16 billion “WaterFix” for the delta is a financial bust. According to Benefit-Cost Analysis of The California WaterFix, by Jeffrey Michael of the Center for Business and Policy Research at the University of the Pacific, construction costs, estimated at $16 billion, are still more than…
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