Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Monday, July 23, 2018

Sacramento Democrats are trying to jam through hundreds of millions in tax hikes, but thanks to Prop. 13 they can't raise taxes without a supermajority vote.



Thursday, July 19, 2018

Four Blue States Protest Tax Reform with a Frivolous Lawsuit



Sunday, July 8, 2018

Not only has California's punitive tax program driven away many wealthy residents, it also has discouraged wealthy people from moving here.

How Control of Congress Could Swing on a Fight to Repeal California’s Gas Tax





...California is one of the highest-taxed states in the nation. President Trump and congressional Republicans have repeatedly assailed California for its taxes. And John Cox, a Republican candidate for governor, has embraced the repeal of the gas tax as a centerpiece of his uphill campaign against Gavin Newsom, the Democratic candidate....

California Republicans have seized on the issue. Taxes have long been a point of divisions between Republicans and Democrats, and all the more so since Mr. Trump and congressional Republicans enacted a tax reform bill that severely reduced deductions for state and local taxes, posing a particular burden for California homeowners. Kevin McCarthy, a California Republican who is the House majority leader and looking to become its next speaker, has contributed money to the repeal in an effort to save seven Republican congressional seats.

Mr. Cox said he had found a “ton of support” for the repeal.

“Whenever I am out campaigning, I always talk to working people — valet parking people, the desk clerks, the people behind the counter,” he said. “I ask people what do they think about the cost of living and the gas tax. And they say: ‘We can’t take this. We had to move an extra 20 miles away because we couldn’t find an apartment we could afford. And now we are sitting in traffic burning up gasoline at almost $5 a gallon.’”

“Mr. Brown and Mr. Newsom are being dishonest when they say these projects will come to a halt if we don’t have this tax,” he said. “They know that these road projects could be done if we changed work rules, if we used money more efficiently, if we cut better deals to make the process more efficiently.”

A U.S.C. Dornsife/Los Angeles Times poll in May found 38 percent of voters said they supported the gas tax, a perilously low number...

Thursday, June 21, 2018

Supreme Court rules states can collect sales tax for online purchases nationwide







Sunday, June 17, 2018

Citizens of the ultra-progressive Seattle have lost patience with political leaders’ failure to address the homelessness crisis



Don’t believe the hype that “Amazon killed the Seattle head tax,” the new levy that the city recently passed on businesses to fund an affordable-housing initiative. The truth behind the city council’s stunning reversal—repealing the tax by a 7-2 vote, just four weeks after passing it 9-0—is that Seattle citizens have erupted in frustration against the city’s tax-and-spend political class that has failed to address the homelessness crisis, despite record new revenues.

As recently as a few years ago, it seemed as if Seattle voters largely viewed our hyper-progressive city council as a harmless oddity in an otherwise tolerant, thriving, liberal city. But times have changed...

While Amazon has grabbed all the headlines, this battle touches on an even deeper paradox of political life in Seattle: we have created one of the most dynamic, innovative, upwardly mobile cities in the nation—a testament to the power of our unique brand of compassionate capitalism—yet we have also spawned a hardcore socialist contingent that wants to tear it all down.

Fortunately, the head tax fight has revealed that some of the core constituencies of the progressive coalition—affluent liberal neighbors, labor unions, and blue-collar workers—are starting to turn against the politics of the far Left....

After years of skyrocketing local taxes and failing public programs, Seattle voters have begun to understand that taxes alone don’t solve problems; what’s needed is strong leadership and sensible public policy. The evidence against the city council’s approach to homelessness is piling up on every street corner and public sidewalk in the city: out-of-control street camping, thousands of discarded hypodermic needles, and property crime rates four times higher than New York City....

There’s a limit to progressivism, even in America’s most progressive city. The backlash is coming.



Wednesday, June 13, 2018

Saturday, June 9, 2018

"The state is approaching a death spiral — departing people and businesses suppress growth; the legislature responds by raising taxes; the exodus accelerates."





"Self-government has failed in the nation's currently fifth-most populous state (Pennsylvania soon will pass it)."

The state is approaching a death spiral — departing people and businesses suppress growth; the legislature responds by raising taxes; the exodus accelerates.

...What is already admitted to? "Unfunded state and local government retirement debt is more than $260 billion and rising.

Nearly 25% of the state's general funds go to retirees (many living in Texas and Florida).

Friday, June 8, 2018

Will California's new water rules push people out of the Golden State?










Sunday, May 20, 2018

Gov. Jerry Brown: Attempts to Repeal the Gas Tax are 'Un-Californian'





Wednesday, May 16, 2018

70 year old Sonoma manufacturing business moving to Idaho



It’s the end of an era. Price Pump has grown and thrived in Sonoma for 70 years. But before the end of this year, the manufacturer of high-tech pumps will pull up stakes and move its headquarters – lock, stock and pump – to Boise, Idaho.

“It has simply become too difficult and too costly to run a manufacturing business in Sonoma Valley,” said Price Pump President Bob Piazza....

“I don’t love change,” he said, “But the way things are going, we don’t have a choice.”

...One of his employees is 66 years old and has never worked anyplace other than Price Pump.

“When he said he would move with us, I was surprised,” said Piazza. “But he explained to me that he had planned to work until 70 and it would be hard to get a different job now, but even more… he realized that when he ran the numbers, he wouldn’t even be able to retire in Sonoma at 70.”


Another employee lost his house during the 2009 recession and he’s moving because, he told Piazza, it will be give him a chance to be a homeowner again.

“He gets to keep the same pay, move someplace less expensive and he’ll get a moving allowance and be able to buy a house,” said Piazza.

Piazza’s employees have been pleased to find that they can buy a house in the Boise area that is comparable to their home in Sonoma for less half the cost....

Monday, April 16, 2018

California’s crazy one-party liberal politics is why I had to finally leave the state -- and I’m not alone



Twitter’s CEO, Jack Dorsey, infamously tweeted a link in early April to a story calling for a bloodless civil war to solve America’s problems. The piece, “The Great Lesson of California in America’s New Civil War: Why there’s no bipartisan way forward at this juncture in our history — one side must win” was authored by Peter Leyden and Ruy Teixeira.

The duo assert that this new civil war will follow a path blazed by California 15 years ago, namely, the crushing of the Republican Party. “The Democrats won; the Republicans lost,” they intone, “California is the future…”

Living and working in places like Washington and San Francisco as Teixeira and Twitter’s Dorsey do, tends to distort the view of the real world....

In 2011, after spending my adult life in California, working in the once-thriving aerospace industry there, serving 19 years in the state’s National Guard and six years in the legislature, I picked up my family and moved to Texas.

The first benefit of moving was buying a home that was close to twice as large as our old home in California for $110,000 less—providing needed room to care for two ailing parents.

That home prices and rents in California average 55 percent higher than in Texas isn’t just due to the former’s good weather—the Golden State’s high taxes, capricious regulations, onerous lawsuit climate, and powerful unions all contribute to constraining the supply of new housing while jacking up the price of existing housing....

Sunday, April 8, 2018

The middle class is fleeing CA. Normal ppl can't live there anymore. Housing prices are too high, wages too low. CA increasingly consists of tech oligarchs & their imported, low-wage servants.

Wednesday, April 4, 2018

We can. We must defeat the effort to allow politicians to tax citizens in other states....people who can never vote against those same politicians. Taxing internet sales (without a physical presence in each states is taxation without representation.



Tuesday, March 27, 2018

Supreme Court Keeps Tax Code From Becoming a Dragnet



...Here, the government stretched the obstruction law to reach any act “that has the natural tendency to obstruct or impede the IRS in an unlawful manner to obtain an unlawful benefit.”

For example, the government argued that if you pay someone $100 in cash for a service—say, to clean the gutters—and “that is then not reported to the IRS or is falsely reported to the IRS,” that could be obstruction.

Breyer aptly noted that such a dragnet carries a “lack of fair warning and related kinds of unfairness” that have led the court in prior cases to “‘exercise’ interpretive ‘restraint.’” That line of cases is long indeed (including Aguilar, Arthur Andersen, Bond, McDonnell, McNally, McCormick, Sun-Diamond Growers, Skilling, and Yates).

According to the National Federation of Independent Business, if the court had bucked that trend and upheld the government’s position in Marinello, “that would have greatly complicated tax compliance for small businesses, who already spend inordinate time, energy, and money on tax issues,” the federation argued. “And worse, it would have opened the doors for prosecutions against businesses for engaging in completely legitimate practices simply because the government alleges that business might have had some improper motive”—namely, cheating the tax man....

Monday, March 19, 2018

Humboldt County marijuana growers aren't so thrilled with "legalization" that means costly regulation



...Humboldt County, traditionally shorthand for outlaw culture and the great dope it produces, is facing a harsh reckoning. Every trait that made this strip along California’s wild northwest coast the best place in the world to grow pot is now working against its future as a producer in the state’s $7 billion-a-year marijuana market.

A massive industry never before regulated is being tamed by laws and taxation, characteristically extensive in this state. Nowhere is this process upending a culture and economy more than here in Humboldt, where tens of thousands of people who have been breaking the law for years are being asked to hire accountants, tax lawyers and declare themselves to a government they have famously distrusted....



...Wilson estimates that “Fewer than 1 in 10 of the county’s estimated 12,500 marijuana farmers are likely to make it in the legal trade….Less than 1 percent of the estimated 69,000 growers statewide have received a permit to farm marijuana since the beginning of the year.”

As many experts on drug prohibition predicted, prices are dropping in the legalized market. But for Humboldt and neighboring counties, the price drop is happening...

Friday, February 23, 2018

President trump at #CPAC2018 "We're finally rebuilding our nation"













Sunday, January 7, 2018

Of Welfare Reform And Eating The Rich

Friday, December 29, 2017

Trump's little-noticed war on hidden taxes...