California gas prices ‘shaping up to be the highest on record.’ What you’ll pay
The Sacramento Bee – Gas prices are climbing across the country as ongoing tensions involving the United States and Iran continue to put pressure on global oil markets.
Five California propositions ask the same question: Who should pay billions in taxes?
CalMatters – There are 14 statewide measures on California’s Nov. 3 ballot, ranging widely in concept and potential impact. Five of them pose a fundamental question: Who should pay hundreds of billions of dollars in taxes to support local public services?
California high-speed rail faces funding questions as money could run out
ABC 10 – California’s high-speed rail project could run out of funding by December 2027, according to a new report from the Office of the Inspector General, raising questions about how the state will finance the project going forward.
California’s proposed billionaire tax exposes rifts among labor unions
Los Angeles Times – In a blow to backers of a proposed state billionaires tax, a handful of California labor unions joined the growing campaign against the controversial ballot measure while another labor giant opted to remain on the sideline.
California’s invisible ‘port tax’ is costing every American
Orange County Register – The ships idling off the California coast aren’t just waiting for a dock—they’re waiting on government policy. The cost of these delays is embedded into every American taxpayer’s bill, as products needed for basic utilities and everyday groceries take longer and cost more to reach American households.
What California’s Next Governor Needs to Know about Affordability
Public Policy Institute of California – California’s next governor will lead one of the most productive, wealthy, and expensive places to live and do business in the nation. Affordability concerns remain top of mind for Californians: 96% of likely voters say affordability and cost of living are very (61%) or somewhat (35%) important in determining their […]
Newsom’s populist act: Oppose state billionaire tax, embrace federal one
CalMatters – Gov. Gavin Newsom is in his populism era. He started the year vowing to stop corporate investors from buying up large tracts of single-family homes, a desire shared by both socialists and President Donald Trump.
California’s Tax Showdown: Billionaires Tax, Millionaires Tax, and More on November Ballot
Daily Signal – A lot is at stake on the November ballot, as Californians will decide whether to approve a series of tax-related ballot measures that could reshape how the state raises and spends money as lawmakers grapple with multibillion-dollar budget deficits.
California employer health premiums will cost as much as a new car in 2027
Los Angeles Times – Employers are bracing for what could be the highest rise in health insurance premiums in 16 years in 2027, driving up the average cost of family coverage in California to more than $30,000 — the price of a new compact car.
Jon Coupal: Tax hikes just keep rolling in and people keep rolling out
The Sun – If anyone thought that the budget that the legislature just passed reflected any degree of fiscal responsibility, let us disabuse you of that notion. While other states balance their budgets, California is spiraling down the financial commode.