Finance

Logic and Evidence is Not a Reason for CA Legislature to Curb Deficit Spending

Logic and Evidence is Not a Reason for CA Legislature to Curb Deficit Spending

Governor Jerry Brown put just about everything he could in the May Revise, except for the “kitchen sink,” to try to convince the Democrat-controlled Legislature to “hold the line” on new deficit spending. The Governor cited economic risks as the most important reason to spend less and build up the state’s reserves. As illustrated by...

By David Kersten

Budget Primer for California Citizen Taxpayers

Budget Primer for California Citizen Taxpayers

Average taxpayers in California are probably aware that the state budget was in the news again over the weekend. But even folks who follow both Presidential politics and local issues probably couldn’t be blamed if they tune out stories about the California budget. It’s not that they don’t care. It’s just that public finance issues...

By Jon Coupal

CA Democrats are Not Standing Up for "Working Families"

CA Democrats are Not Standing Up for "Working Families"

It’s election season, so every California Democrat politician is out there on the campaign trail, precinct walking with their “friends” in labor, and speaking to labor organizations and anyone else who will listen.  They are speaking with one voice–that ” we are proud to stand up for working families.” This may sound like a great...

By David Kersten

West Virginia Right-to-Work Battle May Have National Significance

West Virginia Right-to-Work Battle May Have National Significance

A May 10 election in West Virginia could leave the state’s new right-to-work law in peril. On that day, voters will decide whether to re-elect Republican Justice Brent Benjamin to the West Virginia Supreme Court of Appeals, or replace him, possibly with union-supported Darrell McGraw. McGraw, who is seen as leading the pack of those...

By Vincent Vernuccio

Union Backed Legislative Bills May Kill "Gig Economy" Through Regulation

Union Backed Legislative Bills May Kill "Gig Economy" Through Regulation

Sacramento politicians cannot resist the urge to “regulate” the “gig economy” to impose arduous work rules, regulations, and a whole host of bureaucratic red tape on one of the most successful economic enterprises to surface in the past few years. People here in the Bay Area love Lyft and Uber, not the heavily regulated taxi...

By David Kersten

The Pension Scandals in Sonoma and Marin Counties

The Pension Scandals in Sonoma and Marin Counties

Two Case Studies on How Two Counties Purchased Outside Legal Opinions That Delivered Aggressively Self-Serving Interpretations of the Law in Response to Grand Jury Reports That Found That Substantial Pension Benefits had Been Granted Illegally. Introduction In California, public pensions are guided by different divisions of the government code. The largest administrator is CalPERS which administers...

By John Moore

Local Citizen Takes Marin County to Court Over Pensions

Local Citizen Takes Marin County to Court Over Pensions

Marin County is not the only county in California where pension benefits were increased, retroactively, back when the increased cost was seemed to be easily covered by double-digit returns on pension fund investments. But Marin County is the only county, at least right now, where a private citizen is taking the county Board of Supervisors to court over...

By Sean O’Striker

BART 'Tentative Deal' Solidifies Unsustainable Public Employee Compensation

BART 'Tentative Deal' Solidifies Unsustainable Public Employee Compensation

It was with great surprise that I learned yesterday that Bay Area Rapid Transit management had reached a “tentative deal” with the BART unions that would increase worker wages by 10.8% over four years starting in mid-2017, according to a San Francisco Chronicle report. The “tentative deal” comes more than one year before the end...

By David Kersten

Business And Labor In Promising Discussions For Future of Ports

Business And Labor In Promising Discussions For Future of Ports

The Ports of Los Angeles and Long Beach are essential to the economic health and well-being of the Southern California – as well as the State of California and the nation. The two ports are responsible for more than 300,000 jobs for our friends and neighbors. But the world in which the ports operate is...

By Gary Toebben

Minimum Wage Aftershocks Will Cause Public Sector “Wage Hike Tsunami”

Minimum Wage Aftershocks Will Cause Public Sector “Wage Hike Tsunami”

As it turns out, the impacts of the increase in minimum wage on workers at the very bottom of the pay scales might be just the tip of the iceberg in terms of the ramifications of the minimum wage increase. Nothing short of a “tsunami” appears headed towards state and local government balance sheets as...

By David Kersten

Gov. Brown Caved Too Easily to Labor on Minimum Wage Increase

Gov. Brown Caved Too Easily to Labor on Minimum Wage Increase

Initially, it looked like Governor Jerry Brown (D) was going to drive a much harder bargain with the public sector labor unions, but in the end he gave in too easily by granting concessions that would primarily benefit his legacy but not the State of California, California businesses and California taxpayers. I know the polling...

By David Kersten

Union Backed $15 Minimum Wage Falls Upon California Voters

Union Backed $15 Minimum Wage Falls Upon California Voters

California will be the first state in the nation to vote on the $15 minimum wage touted by labor activists after the proposal qualified for the November ballot. Backers of the $15 minimum wage announced on Tuesday evening that they had surpassed the 400,000-voter threshold to qualify for the ballot. The move was welcomed by...

By Bill McMorris

How the Tax System Favors Government Workers and Punishes Independent Contractors

How the Tax System Favors Government Workers and Punishes Independent Contractors

The 2016 tax filing deadline is now just one month away. Which makes it timely to point out how unfair our tax system is to middle class workers who want to prepare for their retirements. It is also timely to explain how there is a completely different set of retirement rules, far more favorable, that...

By Edward Ring

Unionized Government's Open Season On Taxpayers

Unionized Government's Open Season On Taxpayers

Even if one lives in a cave, it’s hard to avoid the publicity surrounding the high profile presidential debates that are a reminder that this is an election year. And California taxpayers know, from hard experience, it also means that it is open season on taxpayers as local politicians rush to put tax increases on...

By Jon Coupal