Posts Tagged: sales
Commercial marijuana being dried at a California facility. (Photo: Shutterstock)
With cannabis taxes to rise on Jan. 1 and a legitimate business landscape plagued by a thriving black market, California’s marijuana industry faces uncertainty. The tax hike — like others before it — stems from a state law requiring the California Department of Tax and Fee Administration to recalculate the cultivation tax rates once a year because of inflation.
Windmills generate electricity in Palm Springs. (Photo: Chris Rubino)
OPINION: Clean energy is taking over the world, driven by a combination of climate change policies and market economics. California has paced America in seizing this opportunity, building a thriving green economy through smart policy. But the fate of California’s cap-and-trade program, a cornerstone of the state’s green growth strategy, depends on the state Legislature extending the program beyond 2020
Participants in a panel discussion of Proposition 62 and 66. Attorney Nancy Haydt, right; Michele Hanisee of the L.A. County Deputy District Attorneys Association, center; and Anne Marie Schubert, Sacramento County district attorney. (Photo: Scott Duncan/Capitol Weekly)
It was a wonkish wonderland. Capital Public Radio and Capitol Weekly combined forces Thursday to stage the first “California Votes” series of panel discussions on six of the most controversial ballot measures voters will face on November 8.
An electric vehicle powers up in San Francisco. (Photo: Dan Schreiber)
OPINION: Even though 2015 was a record sales year for automakers, the percentage of ZEV sales decreased eight percent year over year in California. The Northeast states lag in ZEV sales behind California – presently accounting for less than half of one percent of the regional market – despite some states’ offering consumer incentives and efforts to build convenient refueling stations.
Bankrupt San Bernardino announced an agreement with CalPERS last week to pay off an unprecedented pension debt owed for skipping payments to the pension fund for a year — $13.5 million, plus several million more in penalties and interest. Details of the agreement reached in closed mediation were not released. But the city said in a court filing the CalPERS agreement “will help form the basis” for a debt-cutting plan needed to exit bankruptcy.
World headquarters of Tesla Motors in Palo Alto. (Photo: Katherine Welles)
California lawmakers, who have fallen head over heels for Tesla Motors, once again are wooing their fickle sweetheart. Gov. Jerry Brown and two state senators – one a Republican, the other a Democrat — are working to entice Tesla to build its newest manufacturing facility in California, instead of going outside the state. It’s the latest in a long string of efforts in Sacramento that so far have managed to keep Tesla in the Golden State.
Headquarters of the state controller, Sacramento. (Photo: Coolcaesar)
ELECTION 2014: California’s “top two“ primary system is creating an odd dynamic – a Democratic party primary within an open primary. In the race for state controller, the top three candidates are Fresno Mayor Ashley Swearengin, a Republican, and Democrats Betty Yee and John Pérez. Yee is a member of the Board of Equalization and Pérez served as Assembly speaker.
Gov. Schwarzenegger unveils budget, 2009
It’s a litany of good news in Gov. Jerry Brown’s election-year budget. Safety net programs are being shored up. Debt is being repaid. Revenues are rising.
Except for corporate taxes.
In fact, business tax receipts are falling at the same time hefty profits are being posted by major companies across the country. (AP Photo/Rich Pedroncelli)