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
mutual respect, improve workplace

4 Ways to Improve Workplace Mutual Respect

Does workplace mutual respect matter during a pandemic?  Yes, it’s important with or without a pandemic, just like it is at home!  The new social distancing rules prompted by the COVID-19 pandemic have resulted in a proliferation of remote workers.  How do business leaders and organizations adjust to extraordinary circumstances never taught in business school? …

Possible PPP Legislation | 1099-B & W-4P

Update on Possible PPP Legislation Hello and welcome. This is Ron Cohen. And this is a tax updates podcast. I’m with the firm of Greenstein Rogoff, Olsen and company. My phone number is 510-797-8661. Call anytime we’re happy to talk and chat with anybody a little bit to see if we can help. This episode…

Proposed California Tenant Relief and Coronavirus Update

Proposed California Tenant Relief and Coronavirus Update

Re. the proposed California tenant relief and Coronavirus update. Dear Clients and Friends: I keep saying: “I’ve never seen anything like this before!”…and then there is more! June 17, 2:35 p.m. A proposed California Senate bill could give out-of-work tenants in the state 10 years to pay back unpaid rent due to loss of income related to the…

COVID-19, tax and PPP Loan Forgiveness

President Trump Signs Bill to Help Small Businesses with Paycheck Protection Program Flexibility

Press Release Friday June 5, 2020.  This morning president Trump signed into law H.R.7010 to help small businesses.  The purpose of the Paycheck Protection Program Flexibility Act is to amend the Small Business Act and the CARES Act to modify certain provisions related to the forgiveness of loans under the paycheck protection program, to allow…