Tag: tax increase
UPDATE: Court Rules on ‘Misleading if Not Outright False’ Voter Guide for Property Tax Measure
UPDATE 2:10pm: The Howard Jarvis Taxpayers Association just announced Thursday afternoon, they are appealing the decision a lower court made, which found the ballot title “misleading” in Proposition 15’s title and summary, but failed to take corrective action, allowing deceptive...
Assembly Bill To Raise Taxes For Higher Income Earners Faces Tough Legislative Votes
On Monday, a recently amended bill that would increase taxes on small businesses and taxpayers making over $1 million of taxable income a year began it’s month-long fight to be passed and approved by the end of the legislative session...
Massive New Tax Increase Proposed
Gutting-and-amending a bill originally related to local governments in the Public Resources Code, Assembly Bill 1253 now proposes a massive tax increase on thousands of sole proprietors and high-income Californians. AB 1253 was amended on July 27, the Legislature’s first...
Prop. 15: Messy Title, Feud With Signer, and Ironic Zuckerberg Contributions
Proposition 15, given the clever yet disingenuous ballot title, “the Schools and Local Communities Funding Act,” is also known as the controversial Proposition 13 split-roll initiative. The initiative itself is controversial enough without adding drama to it. One of the...
California’s Economy is in Free Fall: Cities Hike Minimum Wage as Economy Falters
Until further notice, California’s economy is in free fall. As of April 6, California’s Employment Development Department reported receiving 1.9 million new unemployment insurance claims within barely three weeks. As reported in the San Jose Mercury, during the entire 2008 Great...
Teachers Union Promotes Property Tax Increase
Last week what is arguably California’s most powerful political special interest, the California Teachers Association (CTA), or teachers union, held its quarterly State Council of Education meeting at the plush Westin Bonaventure Hotel in downtown Los Angeles. The CTA reported revenues of...