[Source: Los Angeles Daily News] Recently, a San Francisco judge upheld the validity of a local special tax that failed to secure a two-thirds vote of the city electorate as required both by Proposition 13 (1978) and Proposition 218 (1996), also known as the Right to Vote on Taxes Act. Both initiatives were sponsored by Read More…
Tag: taxes
Statewide messages in aftermath of LA parcel tax’s defeat
[Source: EdSource] The rout of Los Angeles Unified’s parcel tax last week will reverberate beyond L.A. to other school districts that had hoped a victory in Los Angeles might signal that their voters, too, would consider higher school taxes. Think again, said Mark Baldassare, president and CEO of the Public Policy Institute of California, which Read More…
Conservative groups tell Congress: ‘We oppose any carbon tax’
[Source: The Hill] A group of 75 conservative organizations and leaders on Monday sent a letter to Congress expressing their opposition to a carbon tax, pushing back at an idea that has received support from politicians and policy experts on both sides of the aisle as a way to combat climate change. “We oppose any Read More…
More companies exit business-bashing California for business-friendly states
[Source: Joseph Vranich] If your business is in California and you’re wondering if companies continue to leave the state, the answer is, “Yes, and anecdotal evidence is that the numbers are growing.” Before I identify the latest companies to depart California – 24 of them, which I’ve learned about only within the last three months Read More…
SCA 5 needs to be defeated
[Source: Fox & Hounds] Senate Constitutional Amendment 5 (SCA 5) is set for legislative hearing today. It deserves a quick defeat. Advanced by Sen. Ben Allen, D-Los Angeles, and Sen. Jerry Hill, D-San Mateo, SCA 5 would lower the current two-thirds vote requirement to pass local school district parcel taxes to 55% percent. Here are Read More…
With business groups allied against it, L.A. parcel tax faces big hurdle
[Source: EDSOURCE] Three Los Angeles area business associations have signed the official ballot argument opposing L.A. Unified’ s sizable 12-year parcel tax on the June 4 ballot — compounding the district’s challenge of getting a two-thirds majority required to pass it. The opponents include the influential Los Angeles Area Chamber of Commerce. Parcel tax backers Read More…
Lawmakers already killed measure supporting transparency at the pump
[Source: Ronald Stein, P.E.] California lawmakers are at it again. A 2018 bill, SB 1074, sponsored by State Senator John Moorlach (R) from Costa Mesa and championed by the minority party in the State was effectively bottom drawered by the ruling party, the Democrats. They are now fueling the idea, pun intended, that the oil Read More…
Some small business owners could avoid cap on state and local tax deduction after IRS clarifies new rules
[Source: Los Angeles Times] Small business owners could avoid a new federal limit on state and local tax deductions after the Internal Revenue Service said Wednesday that rules it released last month to prevent efforts in California and other states to circumvent the cap apply only to individuals. Businesses will be allowed to claim a Read More…
County supervisors place parcel tax for stormwater cleanup on November ballot
[Source: Los Angeles Business Journal] The Los Angeles County Board of Supervisors on July 17 voted to place a parcel tax on the November ballot to raise a projected $300 million a year to reduce runoff of polluted stormwater. The 4-1 vote puts on the ballot the Safe Clean Water Program, which imposes a 2.5-cent Read More…