State Budget Update: Senate Democrats Want to Spend More as Analyst Warns About Higher Spending
Right by the Bay | Tim Anaya
May 2, 2022
While Democrats fought amongst themselves over gas tax relief last week, attention is now shifting to next week’s release of Gov. Newsom’s “May Revise” updated budget plan.
In advance, Senate Democrats put down their marker, unveiling their gas tax relief plan called the “Better for Families Rebate” as part of their “Putting California’s Wealth to Work for a More Equitable Economy” (no buzz words there) budget priorities.
|
|
Politically Fearful Newsom Punts on Single-Payer
Newsmax | Sally Pipes
May 5, 2022
Nearly two-and-a-half years ago, Gov. Gavin Newsom, D-Calif., created a commission to come up with a plan for implementing single-payer health care in the Golden State.
The Healthy California for All Commission finally released its report last week.
|
|
California's Poseidon Desalination Adventure Might Be Sinking
Right by the Bay | Kerry Jackson
May 4, 2022
A virtually unlimited water supply sits just to the left of California, there for the taking, as William Mulholland might say. But this state has little appetite for useful projects. The ambitious and enterprising Mulholland wouldn’t recognize it.
Read more. . .
|
|
China Cuts Taxes, U.S. and California Want to Raise Them
Right by the Bay | Rowena Itchon
May 3, 2022
Tax cuts are the “fertilizer applied to the roots of the economy.”
That’s not Arthur Laffer talking, but China Premier Li Keqiang. Last month, China’s Finance Ministry announced that it would cut income taxes for small companies from 25 percent to 20 percent to boost the communist country’s slowing economy. Li pledged to deliver tax cuts and rebates totaling 2.5 trillion yuan ($395.5 billion) this year. This is a big move – small companies account for about 80 percent of China’s urban employment. It’s also the fifth year in a row that China has cut taxes.
Read more. . .
|
|
Thousands of Californians Live Out of Their Cars. Now What?
Right by the Bay | M. Nolan Gray
April 29, 2022
In the alley behind my apartment, there’s a man who lives out of an old Honda Accord. Each morning, he departs for work in what appears to be a fast-food uniform. In the evenings, he reclines and watches television on his phone. It isn’t glamorous, but in a West Los Angeles housing market characterized by extreme scarcity and high costs, it’s probably his best option. And as our statewide housing affordability crisis deepens, it’s a mode of living that’s becoming more common.
Read more. . .
|
|
|
|
