Posts Tagged: income
News
Californians eat more fruits and vegetables than other Americans, refrain from smoking, keep their blood pressure under control and do a decent amount of physical activity. But our health, overall, is still worse than the residents of 21 other states, according to a recent report. Why? A big reason might be a category in which California ranks at the very bottom of all 50 states — health disparities, according to an annual report published by the United Health Foundation.
News
San Bernardino’s plan to exit bankruptcy, possibly next year, cuts the pensions of 23 retired police officers who receive an unusual supplement to their regular CalPERS pension. The supplement boosts pensions to the same amount now common among police and firefighters, a standard set by the Highway Patrol in a CalPERS-sponsored bill, SB 400 in 1999.
News
California’s economy may not be booming, but it is definitely on the mend. The Bay Area is churning out high-tech profits and high-wage jobs. In other parts of the state, unemployment is inching down toward full-employment levels. And as always when California’s economy improves, tax revenues are soaring. With an income tax system highly dependent on the wealthy and their investment income, the state treasury typically sees a windfall whenever times are good.
Opinion
We are cutting per-capita carbon pollution dramatically while growing our state’s economy. Now, for every dollar of goods and services we produce, we emit less carbon pollution than any other major economy except for nuclear-powered France. Contrary to fear-mongering by some politicians, California has cut emissions by 25 percent while growing our economy by 37 percent over two decades.
News
Could making our state budget more dependent on property tax revenues be the key to eliminating the roller-coaster budgets of the last two decades? Since the early 1990s, we’ve lived through the boom and bust cycles of the California budget. Today, we are more dependent than ever on personal income taxes. And those taxes are more progressive than they have been in years, meaning our economic stability is tied to the fate of the wealthy .
News
During his press conference outlining his new $164.7 billion state spending plan, Gov. Jerry Brown made extensive remarks about Californians living in poverty, and the challenges the state faces in dealing with those who continue to struggle economically. As California’s economy has recovered, statistics show nearly 25% of the state still lives in serious economic stress.
News
Californians’ reliance on TV for their political news is declining, while an increasing number of people are using the Internet for political coverage, according to a report from the Public Policy Institute of California.
News
Calpensions: A small but affluent Orange County city, with a current staff of only a half dozen employees, would have to pay about $3.6 million to leave CalPERS, the giant state pension system estimated two years ago. “I almost feel like just handing this to a reporter and saying, ‘Look at this.’
News
FIELD POLL: Majorities of Californians are dissatisfied with the way income and wealth in the state are distributed and believe the gap between the rich and the rest of the population is greater now than in the past. Yet, the public is divided about the extent to which government should try to reduce the wealth gap.
News
FIELD POLL: According to The Field Poll’s annual assessment of the economic well-being of Californians, 44% of registered voters now report that they are financially better off than they were last year, while 28% are worse off. Another 28% say there has been no change. This is the first time in seven years that more California voters have reported being financially better off than worse off compared to the prior year.
A California physician examines a patient's medical information. (Photo: bikeriderlondon, via Shutterstock)
