Last week I wrote that we believe a 10-year-old GFC in 1999 could've stopped the enactment of SB 400, which granted a retroactive pension increase. That’s because of the political muscle we’ve added over the last decade. We will discuss that subject and more at our October 22 Legislative Session Review for donors. For now, … Continue reading GFC’s Political Muscle
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California Can Reform K–12 And Medi-Cal, Or Face A Future Of Perpetual Tax Hikes
by David CraneHoover Institution, 8/21/19 Here’s another way to look at the complicated question of California’s commitment to public education in these flush economic times, with some compelling illustration of the state’s finances. And an unsettling conclusion: more and more tax increases will be the Golden State’s fate unless lawmakers get serious about reforming two … Continue reading California Can Reform K–12 And Medi-Cal, Or Face A Future Of Perpetual Tax Hikes
Don’t raise taxes, cut employee compensation
San Diego Union Tribune Recently a public employee union, SEIU, funded a study concluding that the state should raise taxes rather than cut expenditures in order to balance the budget. It’s understandable that SEIU would promote such a path since, as former California Speaker of the Assembly Willie Brown has pointed out, roughly 80 percent of every government dollar goes … Continue reading Don’t raise taxes, cut employee compensation