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Richard Rider

How the CA press UNVERSALLY botched a tax increase story

This article is my analysis of how a casual misstatement regarding a proposed corporate state tax increase by a clueless CA state Democratic Party legislator became an accepted truth by all California media — and indeed national media — including Fox News. The error is bad, but my forensic analysis of how it came to be so widely accepted is the real story. It’s a cautionary tale for our MSM — one they doubtless will not learn from.

Apparently the error can be traced back to a press release and news conference featuring the bill’s two primary authors — Democrat State Assemblymen Kevin McCarty and Phil Ting. The gist of the presentation was that their proposed bill — the “Middle Class Fiscal Relief Act” — would confiscate “half” of the federal corporate tax savings of any corporation making over $1,000,000 — pouring this windfall revenue into the gaping maw that constitutes the California general fund.

The key misrepresentation was “half.”

Consider: The tax… Read More

Richard Rider

San Franciso startups often quickly establish offices elsewhere

Below is a wonky article about San Francisco startups quickly establishing additional offices in less expensive locales. It appears that San Francisco is the place to seek startup funding, but not the place to run a business.

Even I was surprised by the number of startups who rush to establish offices elsewhere, seeking lower costs. We expect to see that trend as a company matures — even high tech companies — but this study shows many new companies start moving business functions elsewhere as soon as possible, while maintaining a presence in the honey pot for funding — San Francisco.

NOTE: Priceonomics.com is a first class website with interesting insights gleaned from drilling down into data. You would be wise to subscribe to their service — if analyzing numbers is your game.

https://priceonomics.com/is-san-francisco-too-expensive-for-san-francisco/Read More

Katy Grimes

Another Episode of ‘As the Capitol Turns’ In Which The ‘Bold and the Beautiful’ Aren’t

In another Episode of ‘As the Capitol Turns’ we see that in our ‘Search For Tomorrow,” the ‘Bold and the Beautiful’ aren’t, ‘Dark Shadows’ lurk in the hallways, ‘Passions’ flare, and ‘The Guiding Light’ only lures young interns and fellows to ‘The Edge of Night.’ Or perhaps this is just another in theHow California Democrats Have Turned The Golden State Into A ‘Sh*thole’ series.

If the persistent whisper network around the California State Capitol is evidence of anything, Senate President Pro Tem Kevin de León (D-Los Angeles), is scrambling to prevent the other shoe from dropping… on him. The Capitol sexual harassment scandal under de Leon’s watch is growing, despite de Leon’s attempt at containment.

De León’s “containment” is not to help the female victims of these sexual harassers; the containment is solely to protect lawmakers’ jobs and future prospects. This is becauseCalifornia… Read More

Katy Grimes

How California Democrats Have Turned The Golden State Into A ‘Sh*thole’ Part ll

How many ways can California’s leftist Democrats turn the Golden State into a sh*thole? In Part l I addressed the outbound migration of California’s hard working middle class, as well as millennials choosing low-tax states to live and work. Despite this, California’s ruling party is doubling down on business-destroying policies, energy destroying policies, education destroying policies, and policies destroying California’s abundant natural resources.

Read More

Katy Grimes

How California Democrats Have Turned The Golden State Into A ‘Sh*thole’

This is Part l of a two part series.

The new word of the week accurately describes California.

Despite so-called “progressives” promising their policies will create a Soviet-style worker’s paradise, California’s leftist Democrats have turned the once Golden State into a sh*thole through decades of leftist policies penalizing and demonizing employers, businesses, property owners, innovators, entrepreneurs – and really, anyone who wants to work hard and get ahead. These hard working people are responding by fleeing liberal California for conservative red states.

The perception across America is that California is the state people are leaving. And that… Read More

Katy Grimes

Failed State California: Overtaxed, Overregulated, Overopinionated, and Underhanded

More is never enough for California politicians, as evidenced by our highest-in-the-nation taxes. The once-Golden State of opportunity and innovation ranks 48th in the Tax Foundation’s 2018StateBusiness Tax Climate Index. Again. Back in 2012I wrote aboutour lousy 48th ranking, and that was before Gov. Jerry Brown’s Proposition 30 passed, which dramatically increased sales and income taxes. And it was before the California Legislature passed yet another massive gas/diesel tax on the state’s drivers, making California’s the highest gas taxes in the nation.

Read More

Katy Grimes

California Cities’ Shakedown of Oil Industry Wrought With Fraud

Environmentalists claim global warming can be mitigated, but only if humans are forced to reduce greenhouse gas emissions. This pseudo-science is what California’s leftist politicians have adopted to control human activity, and the unelected bureaucrats at the California Air Resources Board based its cap-and-trade carbon auction program on.

Now, seven California municipalities – four cities and three counties – are suingExxon MobilCorp.and… Read More

Doug Haaland

Repeating History and the Oroville Dam Failure

The release of a 584-page report by the Independent Forensic Team (IFT) ordered by the Federal Energy Regulatory Commission foreshadows potentially significant liability for the State of California. One can only hope that Governor Brown and liberal Democrats in the Capitol, who seem more interested in California becoming the home of the “Resistance” to the Trump Administration, will make a priority of restoring those damaged by the State’s failures.

While this may seem a gratuitous partisan “shot” at the party controlling the levers of the state’s bureaucracies, it is based on some historical precedent set in the state’s treatment of victims of the past failures of California’s flood control systems.

Most remember the crisis last February involving the collapse of the Oroville Dam spillways and the emergency exodus of nearly 200,000 Californians fleeing a potential disaster. We heard last month nearly 500 cities, farmers, and residents have filed damage claims totaling more than $1.2 billion against the State. Naturally, according to recent reports, not one claim has been settled nor has there been any payment of damages.

What may not be… Read More

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