Tag Archives: California Taxes

Guv Explains Tax Stance... Sort Of

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BUDGET DAY PLUS 36 — He knew he would get the question. At a late afternoon news conference to discuss the budget, Governor Schwarzenegger attemped to explain his apparent change of heart on whether he’d ever support a tax increase. … Continue reading »


Sales Tax Hike? So Goes The Buzz

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Even someone like me who blogs on news tidbits is amazed at the speed these days with which chatter by various sources can turn into a full blown news story. Such was the case this afternoon, with two news organizations … Continue reading »


Angry Dems: Borrowing, How Dare You?

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BUDGET DAY PLUS 17 — A good example of just how heated the budget impasse is quickly getting can be found today in a dustup over whether legislators are mulling the option of internal borrowing to help erase the $15 … Continue reading »


Can't Lines in the Sand Be Erased?

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BUDGET DAY PLUS 9– With legislative leaders resuming their private negotiations today over a new state spending plan, it seems worth noting what is… and isn’t… negotiable, at least according to their public pronouncements. Much ado was made yesterday of … Continue reading »


And Now for Something Completely Different

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BUDGET DAY PLUS 8– With year after year of California budget impasses scarred by sharp partisan debates over spending versus revenues, it seems almost silly to say that there hasn’t been much of a debate about a tax increase. But … Continue reading »


Dems Lay Tax Cards On The Table

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After several weeks of calling for billions of dollars in new tax revenues.. but not actually providing details… legislative Democrats unveiled their proposal late tonight as the joint budget conference committee wrapped up its work on a new spending plan. … Continue reading »


Tax Credits and the Budget Debate

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Budget discussions this year keep coming back to the issue of tax credits and tax loopholes, and closing some of each to help resolve the state’s $15 billion shortfall in the fiscal year that begins on Tuesday. There are more … Continue reading »


Tonight's Jackpot Winner: Wall Street?

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Ah, where to begin? Governor Schwarzenegger’s new budget proposal reminds me of the old adage that journalists have used so much that it’s become a badge of honor in our profession: if people on both sides of something are mad … Continue reading »


Madam Speaker

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That title has only been used once before in the California Assembly (and then only under unusual circumstances), but it’ll be the buzz word for today when Karen Bass is sworn in as the 67th speaker of the lower house. … Continue reading »


Do I Hear 20? Going Once...

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If you’re one of those folks who are following the latest discussions about the fiscal troubles of the state, a word of advice: believe everything. Or nothing. Or something in between. Spending and revenue estimates in Sacramento are always like … Continue reading »