Articles Tagged: "News"
News
ARTICLE: Old 13 Props Up California
September 15, 2009In this article, Charles Crumpley of the Los Angeles Business Journal describes how Proposition 13 has actually had the side effect of stabilizing California state income, despite plummeting property values. He concludes that critics of Prop. 13 should really be thanking it.
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ARTICLE: Getting It Half Right on Redevelopment
September 15, 2009The OC Register reports that the budget plan’s changes to city redevelopment agencies are –like the budget plan itself – a mixed bag. These agencies, which have frequently abused their ability to increase taxes from areas what they deem as "blighted areas," will lose much of their revenue but will be allowed to extend the tenure of their programs by up to 40 years.
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ARTICLE: Increase in CA's Pension Costs and Pension Angst
September 2, 2009The Sacramento Bee describes the dismal situation for California public pensions that could have been avoided with some simple forward thinking. Instead, the pension system now faces massive reforms that will cost taxpayers millions.
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ARTICLE: State Eyeing Your Wallet Again
September 1, 2009The OC Register reports on the new tax increases that face the already over-taxed Californians. Estimates from the Franchise Tax Board show some income taxes rising by up to 22%. It is now more important than ever to tell legislators that these new taxes are unacceptable.
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ARTICLE: Protesters Rally Against Tax Hikes
September 1, 2009This article in the Victor Valley's Daily Press covers the recent taxpayer rally against new tax policies that have devastated farms and raised local unemployment to nearly 40%. As HJTA President Jon Coupal stated in his address to protesters, "We are in the midst of a tax revolt we haven’t seen since Prop. 13. Politicians would be wise to take note that taxpayers demand real solutions to our problems instead of the tired old policies of higher taxes and more regulation, things which have gotten (us) into this mess." Read more >>
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