Prop. 13 overhaul gets friendly summary from California attorney general

[Source: San Francisco Chronicle] A new effort to revise California’s landmark Proposition 13 would boost taxes on large corporations and businesses, but opponents are complaining that’s almost an afterthought in the state attorney general’s new title and summary of the proposed initiative. The official statement, which was released Thursday by Democratic Attorney General Xavier Becerra, Read More…

California has one of worst lawsuit climates in country, business survey shows

[Source: CalChamber] California has one of the worst lawsuit climates in the country, affecting companies’ decisions on whether to do business in the state, according to a recent survey of senior U.S. business executives. The state comes almost last in the overall national ranking, at No. 48, in the 2019 Lawsuit Climate Survey: Ranking the States, conducted Read More…

The crippling cost of doing business in California

[Source: Orange County Register Editorial Board] CNBC’s annual state-by-state “business climate” study is out. No surprise, we’re dead last — No. 50 — among the states for “cost of doing business.” Here’s an area where you don’t want to say, “As California goes, so goes the nation.” Almost all of California’s business-climate problems are self-inflicted, Read More…