Syndicate content

News

ARTICLE: 2010 Budget & Ballot, There Will Be Blood

CaliforniaCityNews.org describes how 2010 will bring one of the most politically contested years in recent history. With political parties polarized and poised for unilateral take-over, interest groups who are more uncompromising than ever and voters who are completely fed up with taxes and government deceit... the stage is set for heated conflict.

Click Here to read the article.

Filed Under: News

ARTICLE: State's Debt Burden Climbs Higher

HJTA president Jon Coupal is quoted in this article in the Sacramento Bee, commenting on the multibillion-dollar infrastructure improvement that passed in vote just before the economy plummeted. This expense will put even further stress on the state's finances and programs.

Click Here to read the article.

Filed Under: News

ARTICLE: CA Unemployment Fund $7.4 Billion Deficit

MercuryNews.com reports that California's unemployment fund will face a $7.4 billion deficit. Due in part to the poor economy and record unemployment rate, this article suggests that the deficit is also the result of legislative action to increase unemployment benefits. Legislators will no doubt try to shift the burden of their poor decisions to taxpayers and increased taxes.

Click Here to read the article.  Read more >>

Filed Under: News

ARTICLE: Calpers Performance Claims Deserve SEC Scrutiny

This article from Forbes.com explains that Calpers has made fraudulent and deceitful statements regarding their (mis)managment of the state pension fund that would have landed a private investment firm a bundle of lawsuits. Though public firms like Calpers have a different regulatory ethic than private firms, the author suggests that Calpers actions deserve a review by Securities and Exchange Commission.

Click Here to read the article.  Read more >>

Filed Under: News

ARTICLE: Analysts Expect $21 Billion Budget Deficit

The Sacramento Bee reports that at $21 Billion deficit has been estimated for California over the next year and a half. This is due largely to failed predictions about the success of the newest budget plan. The governor has begun discussions surrounding further budget cuts and possible tax increases.

Click Here to read the article.

Filed Under: News
Sign up now to receive FREE tax payer updates via email.

The Howard Jarvis Heritage Society

Your planned gift can help sustain our work and give you tax advantages in return.

LEARN MORE