Posts Tagged ‘taxes’

From the Howard Jarvis Taxpayers Association:

By Jon Coupal

While voters’ attention is being diverted to the three major statewide tax increase measures on the November ballot, Propositions 30, 38 and 39, many taxpayers are about to be hit below the belt by local politicians, who are just as anxious to get their hands on more cash as are their Sacramento brethren.

Michael Coleman, the creator of CaliforniaCityFinance.com, has tallied the number of local tax hike measures that will appear on the November 6 ballot. Voters will decide on 237 tax increases or extensions including 106 school bonds with a face value of $11.7 billion — about half of the eventual cost after interest is paid. Additionally, there are 25 measures to increase or extend school parcel taxes, property taxes that are placed on parcels of property without regard to the parcel’s value. Then there are another 106 non-school related revenue measures that include 23 parcel taxes, 35 sales tax increases or extensions, and 42 special taxes — those earmarked for a specific purpose. (more…)

From the California State Senate Republican Caucus:

Another California Business Leaves Our State – 700 Families Will Be Impacted

SACRAMENTO, CA – Senate Republican Leader Bob Huff (R-Diamond Bar) issued the following statement regarding the announcement that Campbell’s Soup will be moving its operations to North Carolina, Ohio, and Texas to reduce costs, putting 700 individuals on the unemployment line:

“No one should be surprised that Campbell’s Soup has decided to move their operations out of California. In the past few years, numerous other companies have done the same. Our communities need broad-based reforms, and Californians deserve more than promises and empty talk about helping our struggling families find work. (more…)

From Elizabeth Emken for U.S. Senate:

Nationally-known taxpayer advocacy group endorses Emken’s pro-growth tax policies

(ORANGE COUNTY, CA) – Republican U.S. Senate nominee Elizabeth Emken, an accomplished businesswoman specializing in efficiency and cost-cutting, and nationally recognized advocate for autism research and treatment, today announced that the Howard Jarvis Taxpayers Association Political Action Committee has officially endorsed her campaign for U.S. Senate. (more…)

From Assemblywoman Connie Conway:

The recent scandal involving senior ranking parks officials using state funds for unauthorized vacation buyouts has brought new attention to compensation for state workers.  Recent budgets have included reductions for public employee compensation costs.  This week, California Budget Fact Check examines all employee cost drivers. (more…)

(Originally posted at The Press-Enterprise)

BY THOMAS DEL BECCARO

Another California budget cycle has come and gone. As with each of the budgets from the past decade or so, questions abound. Is it really balanced? Are the revenue estimates real? Will there need to be revisions in the months ahead?

The short answers to those questions are that it is not really balanced because it relies on unlikely revenues and, yes, we will be revisiting the budget this fall. More important, this budget contains no meaningful reforms. Beyond that, this governor has no plan to bring jobs to this state. As a result, not only will we be in a bad place this fall — next year promises more of the same.

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From Speaker of the House, John Boehner:

Democrats have been “put in [a] tight spot” by their threats to tank our economy and harm our national security if they don’t get a small business tax hike. A new Ernst & Young study found President Obama’s plan threatens more than 700,000 American jobs – a frightening prospect for families after more than three years of failed ‘stimulus’ spending, excessive regulations, and unemployment above 8 percent. (more…)

National

Romney goes on offense over jobs remark after weathering attacks on taxes, Bain: read more–>>

Obama, Romney campaigns positively negative at an earlier stage: read more–>>

Obama plan to lift top tax rates would plague millions of small businesses, study warns: read more–>>

Obama transparency takes turn under the microscope after attacks on Romney: read more–>>

Mitt Romney accuses Obama of ‘denigrating success and achievement’: read more–>>

Pawlenty defends Romney on taxes, calls for focus on economy: read more–>>

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