White paper written "MINIMUM WAGE" with markers.OPINION – On April 1, California enacted a piece of legislation that mandates a minimum wage of $20 per hour for fast-food workers. But even the legislation’s primary supporter Governor Gavin Newsom seems to know this policy is bad for business.
tAs part of California’s Administrative Procedure Act (APA), which is contained in the state’s Government Code, executive branch agencies and departments that adopt regulations are required to conduct an economic impact analysis. What is that economic impact analysis and how have the courts interpreted agency actions to comply with this statutory mandate?
Image courtesy of California Fuels & Convenience AllianceOPINION – While California lawmakers’ focus on addressing retail theft is much needed, it’s time we shed light on the alarming surge in burglaries, looting, and arson that is wreaking havoc on businesses across California. We have to do more to help prevent these crimes, rather than simply reacting after the damage is done – not only to protect economic stability, but more importantly, to protect the well-being of our communities.
Sen. Mike McGuire, photo by APNew Senate pro Tem Mike McGuire announced his Senate Democratic Leadership Team and committee membership assignments for the 2024 Legislative year. The Senate Rules Committee will ratify the committee memberships next Wednesday, February 14, 2024.
Image by ssi77 via shutterstockOPINION Gov. Gavin Newsom recently rejected the idea of a tax hike on Californians to balance the state budget. So, why is Senator Monique Limon considering the idea of taxing people who stay in short-term rentals and burdening regular Californians who share their home?
A view of downtown Los Angeles seen from the Hollywood hills. (Photo: logoboom, via Shutterstock)OPINION: Perhaps the greatest financial risk faced by Californians today has nothing to do with rising interest rates or a looming recession. Rather, it is the loss of access to products they rely upon to protect their most valuable assets: auto, homeowners and commercial insurance.
Joe Stephenshaw, left, the new director of the Department of Finance, takes the oath of office from Gov. Gavin Newsom.(Photo: H.D. Palmer, via Twitter.)As a budget analyst in the California Department of Finance in 2005-2008, Joe Stephenshaw never imagined that he would one day come back to lead the division. This month, Stephenshaw, 47, was sworn into the post, becoming the first African-American to hold the position.
A photo illustration of California's tax code. (Image: Vitalii Vodolazskyi, via Shutterstock)OPINION: As part of the 2020-21 state budget accord, the governor and Legislature enacted AB 85, a budget trailer bill that enacted several tax law changes, including a three-year suspension of the net operating loss deduction and a cap on the use of business tax credits.
A worker unloads cargo at an outlet in LA's Chinatown district.(Photo: Matt Gush, via Shutterstock)OPINION: There is no question that the COVID-19 pandemic has impacted all of us. Brick and mortar small businesses have been forced to quickly adapt or face the very real possibility of shutting their doors. On top of that, consumers are paying more for everything while backordered goods have become the new normal.
An image illustrating research into public-private partnerships. (Photo: Ada Ghazali, via Shutterstock)OPINION: The pandemic caused devastating economic damage to our communities. While the job market may never return to what it was before 2020, it’s undeniable that government action, combined with the ingenuity of small businesses and corporations, staved off what could have been even further socioeconomic harms.