HJTA filed a lawsuit in 2018 challenging CalSavers, the newly enacted state-run retirement savings program for private-sector employees.
At your request: This week's California Commentary by Jon Coupal
View this email in your browser ([link removed])
[link removed] Share ([link removed])
[link removed]: https%3A%2F%2Fwww.dailybreeze.com%2F2022%2F03%2F06%2Fscotus-allows-calsavers-to-proceed%2F Tweet ([link removed]: https%3A%2F%2Fwww.dailybreeze.com%2F2022%2F03%2F06%2Fscotus-allows-calsavers-to-proceed%2F)
[link removed] Forward ([link removed])
[link removed]
[link removed]
** California Commentary
------------------------------------------------------------
You are receiving this email because you subscribed on the HJTA website, or you provided your address in response to direct mail. Please see the bottom of this message to unsubscribe.
** SCOTUS allows Calsavers to proceed
------------------------------------------------------------
By Jon Coupal
Anyone in California who would like to open an individual retirement account can walk into, or log into, any number of well-established financial services companies to see an array of options. One of those options is to have an automatic recurring withdrawal from current earnings or savings. It’s a useful way to “pay yourself first” and save money for the future.
There’s no need for a government program to enable automatic withdrawals from paychecks in order to deposit money into retirement-savings investments approved by the government.
That’s why the Howard Jarvis Taxpayers Association filed a lawsuit in 2018 challenging CalSavers, the newly enacted state-run retirement savings program for private-sector employees. When fully implemented, CalSavers will impose burdens and risks on private employers since participation is mandatory for most employers who do not offer a company retirement program. Those burdens are just now manifesting themselves as the program ramps up.
The legal claim against CalSavers was based on ERISA — the federal law governing retirement programs. Our lawsuit was supported by the Trump administration’s Department of Labor, which filed an amicus curiae brief in the Ninth Circuit Court of Appeal agreeing with HJTA’s position that CalSavers was inconsistent with the intent of ERISA to pre-empt the field of regulating retirement plans. When Joe Biden was elected President, he directed the Labor Department to withdraw its support of our lawsuit.
To read the entire column, please c ([link removed]) lick here ([link removed]) .
Click here to listen to this week's Howard Jarvis Podcast, "The Plot to Destroy Prop 13" ([link removed]) The Howard Jarvis Podcast features HJTA President Jon Coupal and VP of Communications Susan Shelley with a lively conversation that takes you inside California government in a way that's fun, interesting and sometimes scary. Check out all the recent podcasts by clicking here: [link removed] -- it's easy to listen on your cell phone, tablet or computer. Just click the "play" arrow next to the title. Questions for Jon and Susan? Email us at
[email protected] and tune in!
A note to our valued members and supporters: To increase the reach of our message to as many Californians as possible, HJTA made an agreement with the Southern California News Group papers to carry Jon Coupal's weekly column. The newspapers in the group, including the Orange County Register and the Los Angeles Daily News, have added a paywall that allows only a limited number of page views per month, and then asks readers to become subscribers. HJTA is not marketing these subscriptions or receiving any payment from them. The columns are exclusive to SCNG's papers for one week and then are posted in full on HJTA's own website, www.hjta.org ([link removed]) , under "California Commentaries," where you can read them at your convenience, or read Jon's column online in all the SCNG papers at these links:
www.whittierdailynews.com/opinion ([link removed])
www.dailybulletin.com/opinion ([link removed])
www.redlandsdailyfacts.com/opinion ([link removed])
www.sgvtribune.com/opinion ([link removed])
www.ocregister.com/opinion ([link removed])
www.pe.com/opinion ([link removed])
www.dailynews.com/opinion ([link removed])
www.pasadenastarnews.com/opinion ([link removed])
www.sbsun.com/opinion ([link removed])
www.dailybreeze.com/opinion ([link removed])
www.presstelegram.com/opinion ([link removed])
Jon Coupal is the President of the Howard Jarvis Taxpayers Association (HJTA). He is a recognized expert in California fiscal affairs and has argued numerous tax cases before the courts.
HJTA is totally dependent on the voluntary support of California taxpayers.
Please consider a donation now to help us continue our work on your behalf.
[link removed]
[link removed]
============================================================
Don't Forget To Follow Us On Social Media
** Facebook ([link removed])
** Facebook ([link removed])
** Twitter ([link removed])
** Twitter ([link removed])
** Website ([link removed])
** Website ([link removed])
** Instagram ([link removed])
** Instagram ([link removed])
** Pinterest ([link removed])
** Pinterest ([link removed])
Copyright © 2021 Howard Jarvis Taxpayers Association. All rights reserved.
621 S. Westmoreland Avenue, Suite 200, Los Angeles, CA 90005
** unsubscribe from this list ([link removed])
** update subscription preferences ([link removed])
This email was sent to
[email protected] (mailto:
[email protected])
why did I get this? ([link removed]) unsubscribe from this list ([link removed]) update subscription preferences ([link removed])
Howard Jarvis Taxpayers Association . 621 South Westmoreland Avenue, Suite 200 . Los Angeles, CA 90005 . USA