[Source: ABC10 / KXTV] Take a deep breath — California lawmakers are still considering raising the tax on gas in order to fund repairs to roads and highways. California drivers in 2016 paid the fifth highest excise tax on gasoline in the country, according to the Tax Foundation. The Golden state was behind Hawaii (#4), Read More…
Tag: taxes
In air-quality talks, haziest thing may be the facts
[Source: The Daily Breeze] Suppose it was 1650 and you were accused of being a witch. Would you prefer trial by water or hanging? If you choose trial by water, the people in charge of things will throw you into the nearest lake, river or ocean and wait to see if you sink or float. Read More…
Small business owners’ optimism skyrockets following Trump victory
[Source: Bloomberg Markets] Small businesses seem to like a unified Republican government. President-elect Donald Trump’s victory in the U.S. elections is a giant leap for small businesses, according to a survey of their owners. The November reading of the National Federation of Independent Businesses’ small business optimism index jumped to 98.4 from 94.9 — its Read More…
Doing business in L.A. grew tougher this year
[Source: The Los Angeles Business Journal] It might not be what local business owners want to hear, but the cost of doing business in Los Angeles has gone up yet again and will likely jump even more next year, according to a survey to be released this week. The annual Kosmont-Rose Institute Cost of Doing Read More…
Why Southern California officials are skeptical over smog fix
[Source: The Press Enterprise] As the worst smog season in years winds down, new doubts appear to cloud a costly strategy broached three months ago by Southern California’s regional air quality agency to bring air pollution levels down to healthful levels. In late June, the newly hired top administrator for the South Coast Air Quality Read More…
Survey: California still worst state for business
[Source: Orange County Register] In what is sounding like a broken record, California once again ranked dead last in Chief Executive magazine’s annual Best and Worst States for Business survey of CEOs – as it has all 12 years the survey has been conducted. Texas, meanwhile, earned the top spot for the 12th straight year. Read More…
40 years later, Prop 13 to be a main attraction on the 2018 ballot
[Source: Fox & Hounds] On the 40th anniversary of Proposition 13 passing, the iconic property tax measure could very well be a leading issue on the 2018 ballot both with a ballot initiative or two and a prime topic in the gubernatorial campaign. There has been a never-ending campaign to change or even end the Read More…
9,000 companies left California over last 7 years
[Source: San Diego Business Journal] A study by Spectrum Location Solutions found that within the last seven years, 9,000 businesses left California in favor of other locations. San Diego rated No. 5 for the most losses; Los Angeles topped the list. The other counties with the highest number of disinvestments were Orange, Santa Clara, San Read More…