Activists, Unions Take Aim at Governor Brown’s Budget Grip

California Governor Jerry Brown has been known to rule the state’s budget with a tough grip. Not much has passed or been voted down without him having a hand in the decision. The governor has fought for tax hikes, put the kybosh on new programs that call for more spending and worked tirelessly on building up the state’s rainy day fund. However, someone might have finally cracked the fortress.

Thanks to some new efforts by activists and unions who want tax reform and additional funding in the state, the governor may have to let go of his grip, at least just a hair. That’s because several different attempts from various sources are pushing the governor for various different reasons. For example, the reasons for these new proposals include getting more funding, building a shield against another recession and pushing a political agenda.

One proposal would extend the higher taxes that Gov. Brown himself campaigned for in 2012. Another proposal would change California’s landmark restrictions on property taxes, which could help increase money from commercial interests. Still, another proposal is calling for an oil extraction tax and yet another possible plan would be to increase the cigarette tax levy.

Meanwhile, although the governor has yet to publicly respond to these proposals he has stated before that he does not favor extending Proposition 30, which increased levies on the highest earners and raised the sales tax by a quarter-cent. Brown does not want lower and middle class families to end up paying more in taxes in an effort to stabilize revenue collection.

Posted in

Why Entrepreneurs Can’t Manage

Why Entrepreneurs Can’t Manage By Joanna L. Krotz Entrepreneurs who can drive startups are often not the leaders who can also steer businesses into the big time. When a founder does insist on managing his maturing company, trouble tends to follow. Are you out to defy this trend? We welcome you to the challenge, and…

Expecting An Audit? Expect to Wait

Filing Requirements for Household Employment

Filing Requirements for Household Employment By Rose Lu Chen, CPA Greenstein, Rogoff, Olsen & Co. Posted: 7/2/10 If you hire a household employee, you will have federal and California tax obligations with respect to your household employment. Household Employee A household employee is someone you hire to do your household work, and you can control…

Attributes of True Leaders

Attributes of True Leaders

Attributes of True Leaders Leaders come in many different molds and what make a good leader in one industry might be completely different in another industry. Likewise, while many leaders possess a lot of the same attributes, not every lme. So, what attributes make true leaders? The answers will depend on the setting and upon…

California budget

California Budget Surplus Could Have Adverse Effects

California Budget Surplus Could Have Adverse Effects By Rose Lu Chen, CPA Greenstein, Rogoff, Olsen & Co. Posted: 7/2/10 If you hire a household employee, you will have federal and California tax obligations with respect to your household employment. Household Employee A household employee is someone you hire to do your household work, and you…