With the number of six-figure CalPRS and CalSTRS pensions having risen dramatically in the last decade, the state's ability to fund these pensions …
News
NEWS: CalPERS $100K club has more than doubled since 2012, new data show
In 2018, almost 31,000 public employees in the state of California received pensions valued at $100,000 or more. With CalPERS paying out over $23 …
NEWS: CalPERS bill for California state worker pensions set to reach $7 billion next year
State government employee pension costs are scheduled to increase by $676 million for the 2019-2020 budget year, raising the total bill to $7 billion …
OPINION: No, California’s Finances Are Not Back In Black
Pointing to California's "surplus" as a sign that the state is in great financial shape is a grave fallacy and is misleading of the true nature of the …
OPINION: Death By Taxes: California Looks to Fine Everything From Car Tires to Drinking Water
From water taxes to battery fees, California's legislature is considering almost $6.2 billion in tax increases. Among the new taxes and fees up for …
OPINION: Rent Control: Politically Expedient, Economically Disastrous – Eccentric Economics
In a scathing rebuke on the practice of rent control, Being Libertarian writer Logan Davies argues that despite a vast number of economic studies …
NEWS: Buy stuff online? New California tax law takes effect Monday, but the rules might change
Beginning next week, online out-of-state retailers who make more than 200 transactions or $100,000 in California will have to register with the state …
NEWS: Assembly Democrats want lower threshold to raise local taxes
Looking to make it easier to raise taxes and issue bonds for a number of projects, Assembly Democrats introduced a constitutional amendment that would …
NEWS: California voters could be asked to impose an estate tax, replacing the one Trump loosened
In an effort to reverse the tax cuts President Trump put into place in 2017, California lawmakers are considering asking voters to pass an estate tax …
OPINION: Dan Walters: Are big tax increases coming to California?
While Governor Newsom and the Democrat supermajority in the State Legislature have been mulling over new taxes to fund a variety of ambitious …