California must end war on businesses
We’ve had the war on women. And the war on immigrants. Is the war on business, next? That’s a fair question raised by many, including Ventura employer General Magnaplate Corp., which is closing after settling with the Environmental Defense Center over charges it polluted the Santa Clara River. In a statement, the company said it Read More →
Read More →5 tri-county companies get $545,000 in tax credits for creating jobs
Five tri-county companies are among 103 statewide approved for tax credits for creating new jobs by the California Competes Tax Credit committee April 14. The tri-county companies will get a combined $545,560 and the total $70 million awarded will help companies across California create a projected 9,369 jobs and generate over $1.3 billion in investment. Read More →
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SBCC joins Cuesta, Ventura with ‘college promise’
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Read More →Minimum wage hike a moral issue
By Steven Mintz California is frequently a bellwether state with respect to workplace ethics issues. Exhibit A is the recently adopted law that mandates a minimum wage of $15 by the end of 2022. Under a deal reached with state lawmakers on April 4, the state minimum wage will rise to $10.50 on Jan. 1, Read More →
Read More →Dubroff: Raising minimum wage to $15 per hour will hurt businesses
Having pushed through one of the largest tax increases in California history, Gov. Jerry Brown has now put his stamp on a minimum wage hike that will likely take away as much opportunity as it provides. A pragmatist and fiscal prude, Brown jumped into the minimum wage debate and wrung from union advocates concessions that Read More →
Read More →Forcing workers to save may be key to retirement
Taxes and savings are much in the news these days. Baby boomers aren’t saving enough for retirement. Millennials will need $2 million portfolios in order to achieve a decent level of retirement income. Federal income taxes are too high – and don’t get us started about California. Old-fashioned pensions are largely gone from the private Read More →
Read More →State’s housing prices too high for middle-income residents
A housing shortage is driving the middle class out of California. Several reports from Next 10 and Beacon Economics illustrated the state’s growing housing to jobs imbalance. Housing prices will continue to climb unless cities and counties increase residential densities and streamline the permitting process, according to the reports. More people are leaving the state Read More →
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