Showing posts with label West Coast. Show all posts
Showing posts with label West Coast. Show all posts

Thursday, July 16, 2015

California: Prop. 13 Proves Lower Taxes Are Better for Economy


Californians know them well. They are the Proposition 13 “blamers.” They blame Prop. 13 for everything they see or even imagine as negative in the state of California.
Some years ago, a newspaper editorial asked if Prop. 13 was responsible for a measles epidemic saying it may have limited the availability of vaccine. A national publication suggested that O.J. Simpson’s acquittal of murder charges was due to the tax limiting measure because prosecuting attorneys may not have been paid enough.
Most recently, a column by a West Coast writer published in the New York Times claimed that one of the reasons that Los Angeles is becoming a “third world” city is reduced funding for education caused by the tax revolt that passed Prop. 13. As is typical, the writer ignores the fact that California now spends 30 percent more per pupil, in inflation adjusted dollars, than the amount spent just prior to the passage of Prop. 13 — a time when both liberals and conservatives agree that California schools were among the best in the nation.
Most Californians know they are overtaxed and that’s bad news for the blamers. And the latest news about California tax revenue is even worse for Prop. 13’s detractors. According to a review by the California Taxpayers Association of counties that have so far released their assessment rolls — showing the value of property as of January 1, 2015 — there is dramatic increase in values and that’s driving property tax revenue up rapidly. For example, Santa Clara County has seen an increase of 8.67 percent over the previous year.
Rapidly rising property tax revenue is not only making the Prop. 13 blamers look foolish, it is adding compelling evidence to the argument that California should be considering tax reductions, not increases. News reports abound in the Golden State about the California economic recovery and a $6 billion dollar budget surplus. The two big sources for state revenue — sales taxes and income taxes — have preceded property taxes in seeing big increases. The latest news from county assessors simply completes the tax revenue trifecta.
Here’s the rub. Interests groups that want tax hikes — mostly public sector labor organizations — are running out of time to make a decision on which tax hikes to pursue for the November 2016 ballot (to qualify an initiative takes about a year of lead time). We at HJTA hear that there are disagreements within those interests as to which tax hikes to pursue. Californians will almost certainly see a tobacco tax increase on the ballot as well as a possible tax on oil production. But what about extending the Prop. 30 tax hikes on sales and income? The flush status of the state budget renders those proposals questionable.
More importantly, the significant increase in property tax revenues raises serious questions about the viability of a so-called “split roll” proposal which would deprive business property of Prop. 13 protections. Split roll proposals have been defeated before in California and, of all the tax hikes being considered by the tax-and-spend lobby, hitting commercial property with a $9 billion tax hike is going to be next to impossible to justify to California voters.
The next few months will be very revealing as to the tax raisers’ strategies. But whatever taxes they decide to target, those paying the bill should be prepared to push back with the argument that California does not need any more tax hikes at all. And we should push back very hard.
(Jon Coupal is president of the Howard Jarvis Taxpayers Association — California’s largest grass-roots taxpayer organization dedicated to the protection of Proposition 13 and the advancement of taxpayers’ rights. Originally posted on HJTA.)

Thursday, December 5, 2013

Dangerous Travel Along I-94 as Snowstorm Lashes Upper Midwest

A pair of storms is unleashing heavy snow and strong winds causing poor visibility from the northern Plains and Upper Midwest to the southern Rockies.
Dangerous cold and treacherous travel conditions are also spreading across the region.
The worst of the snow is likely through Wednesday from eastern North and South Dakota to northern Minnesota, northwestern Wisconsin, part of the Upper Peninsula of Michigan and neighboring Canada. The worst of the cold following the storm will also focus over this area.

Northern Plains, Upper Midwest

Snowfall amounts of 6 to 22 inches fell in parts of northern Minnesota, including the Duluth, Minn., area on Monday into Monday night, and another 6 to 12 inches may accumulate through Wednesday from northern Minnesota to the Upper Peninsula of Michigan.
By the time the storm exits on Wednesday, storm totals range from 1 to 3 feet over a large part of the Upper Midwest.
Via: AccuWeather.com
Continue Reading....

Wednesday, November 27, 2013

Faltering Obama revs up attacks

Buzz Cut:
• Faltering Obama revs up attacks
• President’s approval craters in Ohio
• Paperwork nightmare for small businesses
• Hillary handlers horn in on credit for Iran deal
• ‘We got married in a fever…’
FALTERING OBAMA REVS UP ATTACKS - President Obama is back in attack mode. Obama’s tone, which was briefly contrite following his admission that he had misled voters about being able to keep their insurance policies, turned combative during his West Coast campaign swing. He blamed Republicans for problems with his faltering health law, promising that “anybody who is going to keep on pushing against that, they will meet my resistance.” Obama is very much reverting to his 2012 playbook: firing up the base with sharp attacks on Republicans and personalizing policy differences. That’s one thing in an election when he could pin it on an individual opponent, but quite another when the issue is a law passed with only Democratic votes and enacted by his own administration. While liberals may be feeling less bilious as signups for free and subsidized health insurance pick up, the problem is all about the people who are losing coverage and jobs because of the law.
[Calls to delay the next round of penalties under the health law are growing louder. WSJ has more]
Gather together - Liberals armed with Twitter-fed talking points are ready to bring the battle of ObamaCare to the Thanksgiving dinner table, but the problems will far outlast the holiday or any of the shifting deadlines for enactment and enforcement of the law. The president’s hope to revive and drive his campaign supporters in defense of ObamaCare sounds okay for an administration deep in panic mode, but what about when the cancellation notices keep rolling out and premium spikes continue to torment so many of the 85 percent of Americans who already have coverage? Convincing folks that the uninsured should be covered is one thing, but telling them that they have to give up coverage or pay more for what they have in order to finance it is quite another.

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