Posts Tagged: tax
Opinion
OPINION: Solar energy developers are working behind the scenes to sneak continuation of an industry-specific property tax exemption into the state budget deal, further tipping the playing field in their direction.
News
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.
News
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.
Opinion
OPINION: Since 2003, California’s Governors and the Legislature have allocated $1.1 million annually to the Arts Council, the bare minimum necessary to qualify for a $1 million National Endowment for the Arts grant. This lack of foresight has put California dead last among all 50 states in per capita funding for its arts agency.
News
It has been killed repeatedly in the state Legislature or at the ballot box, but the backers of an oil severance tax hope 2014 is the year to get it done, to the tune of $2 billion annually. But history is not on their side. Above: Pumpjacks in Kern County, November 2013. (Photo: Christopher Halloran)
News
Two years after Gov. Jerry Brown and the Legislature dismantled California’s $5 billion-a-year redevelopment program, Brown wants to bring some elements back — but he’s offering less money, a different name and a change in local voters’ approval. The crux of Brown’s plan is to expand the reach of the rarely-used, little-known Infrastructure Finance Districts. The districts, or IFDs, have taxing authority and are created with voter approval. They function on property tax dollars and focus on highways, transit and sewer projects, libraries, parks and child care centers.
Opinion
OPINION: For 40 years there has been an unspoken — and unbroken — rule that Southern California splits leadership of the Legislature with the Bay Area and greater Northern California. This year, Southern California leaders could seize complete control of the Legislature, winning leadership of both the Senate and the Assembly.
News
Gov. Brown summarily rejected the notion of a per-barrel tax on California oil as it comes from the ground, a move that sharply limits the political options of the tax’s backers who hoped to get a bill through the Legislature to raise perhaps $2 billion annually.
Experts Expound
“The LAO says the state is flush with cash and multibillion-dollar reserves loom in coming years. How should we spend the money?”
News
California’s TV and film tax incentive appears as popular as ever, despite a rash of negative news coverage of an FBI undercover sting of a state senator in which an industry tax break figured as a lure. “The FBI could have picked any topic from any industry to mount a sting,” Assemblymember Raul Bocanegra, D-Los Angeles, said recently at the Hollywood Chamber of Commerce’s 2nd Annual State of the Industry Conference.(Photo: Stan Rudich)