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Richard Rider

Run your 2018 income through this federal income tax calculator

Every year, towards the end of January, most Americans gradually start to get involved in their annual rite of Spring — beginning to prepare their IRS income tax returns. For some it’s relatively easy. For others, it’s a laborious process that can often require filing a 15 April tax extension while all the needed documentation and compilations arecollected.

Personally I haven’t filed my 1040 income tax package “on time” in over 20 years. Normally I file in July or August.

I have a suggestion for you this year: Once you have a fair idea of approximately what your tax and deduction numbers are, take your estimated figures and plug them into theTax Foundation tax calculator. Unlike most such guesstimating calculators, this one takes your figures and calculates your taxestwoways:

2017 IRS rules 2018 IRS rules — the new rules after the GOP’s tax reform passed

It shows you how much more or less you’ll be paying under the new tax law. Try some “what if” scenarios to see… Read More

Richard Rider

Why California has a low homicide rate (it’s NOT gun control!)

BOTTOM LINE:California’s relatively low murder rate is NOT the result of our gun control laws. It’s primarily due to the fact that our state has a small black population and a large Asian population.

When CA progressives tout our low gun death rate compared to other states, they like to attribute our low murder rate to our state’s stringent gun control laws. But they are ignoring the single biggest correlation with our nation’s murder rate — the percent of blacks in a state. In addition, consider the INVERSE correlation — the percent of Asians in a state.

On average, blacks commit murders at a rate about four times higher than their percent of the population. The overwhelming number of these deaths are with guns, and the overwhelming number of these gun deaths are committed with illegally owned firearms.

In the U.S, blacks constitute 12.6% of the population.

https://statisticalatlas.com/United-States/Race-and-Ethnicity

In CA, blacks constitute 5.9% of the… Read More

David Hadley

New Year’s Resolutions for California Republicans

To my fellow Republicans – happy 2019!

In the wake of November’s disastrous California election results, we clearly need to up our game if we are going to rebuild from here. Here are my resolutions for our leaders:

May our elected officials and candidates resolve to focus less on policy detail and more on the values behind – and the beneficiaries of – their policies. Too many CA voters believe that the GOP does not share their values or care about them. This is in part because Democrats, universities and the media feed them propaganda, but also in part because our standard bearers often don’t explain our values or talk about who will benefit. We can do better!

May our candidates in “Top Two” races resolve to be team players. Until we get rid of the Top Two voting system, the GOP simply cannot afford delusional, selfish behavior by our candidates.

In Assembly District 76 we lost a longtime Republican seat in 2018 because the June primary ballot had two Democrats and six Republicans. The two Democrats made the top two, assuring a Democratic victory in November. Republican Phil Graham came… Read More

Ray Haynes

We Have Met the Enemy…And He is Definitely Us Part V

I was going to end this series with a comment on problem Republicans face in this state that no one has addressed, and that is the donor dilemma. I will address that later. A story in the LA Times today, though, caught my eye, and I thought it worth commenting on as a part of this series. The Times studied the outcome of the races Republicans lost for Congress, and found as much as a 10% drop in Republican turnout in the key races throughout the state. In each election, the Dems turned out and voted in numbers equal to 2016. Republicans, however, simply didn’t show up. I believe there are two reasons for this. First, Donald Trump was not on the ballot. Throughout the country, I have talked to Republican activists who said Trump turned out people they had never seen at elections before. Second, there was a feeling throughout the country by those people that Congressional Republicans did not support Trump’s agenda. I’m glad we’re fighting about the wall now. That fight should have happened six months ago. It might have changed the outcome.

Why is that?

One of my rules of politics is that Republicans lose elections because they… Read More

Richard Rider

California population growing — slowly

Most people think of California as the most desirable state in the union. Naturally it’s assumed that there’s heavy migration into the Golden State, with the population growing at a robust clip. But for quite a number of years, that has not been the case.

At the bottom of this article are the just-released 50 states’ population figures for this past fiscal year in chart format. The states are listed in order from fastest to slowest growth. Remember that the population growth of a state is the net total change considering births, deaths, migration between states and international migration.

https://www.census.gov/newsroom/press-releases/2018/estimates-national-state.html

Yes, the California population IS growing. But in spite of our state’s wonderful physical attributes, the growth is subpar compared to the nation as a whole. In this latest 12 month period, the nation’s population grew 0.62%. California grew 0.40%. Stated differently, the country grew over 50% faster than California.… Read More

Katy Grimes

California Gov. Jerry Brown ‘Exit Interview’ is Classic Jerry

At CaliforniaGov. Jerry Brown’s “Exit Interview” Tuesday, the Sacramento Press Club auctioned off autographed souvenirs from his years in the Governor’s office, including cartoons of his budget press conference presentations of charts and graphs, Proposition 30 memorabilia increasing sales and income taxes, and graphs showing state government living within its means. Other charts showed record spending levels.

Gov. Jerry Brown is known for his infrequent and rather unscripted press conferences, often making glib remarks, or quoting Zen Buddhism, Latin theology, philosophy, and “ontology” – the nature of being. Tuesday Brown did not disappoint during his “Exit Interview,” as he prepares to leavethe Governor’s office for the last time on Jan. 7.

Read More

Richard Rider

CA Democrats want to tax “money managers” at 30% rate

In California, the Democrats’ Jihad against the rich is gaining momentum. In 2019 they will try (again) to pass a bill to in essenceban“venture capitalists, hedge funds and private equity firms” from the Golden State. If implemented, the plan will work all too well. Boy, will it ever!

What some Democrats have figured out is that if you don’t want something but can’t directly ban it, tax it out of existence. For instance, if you don’t like guns in private hands, tax the guns, tax the ammo, and require annual fees for even possessing such items. Make those costs high enough, and it will effectively ban most guns in California — except for the rich. Most LEGAL guns, that is.

Intentional or not, that’s apparently what Democrat legislators will try to accomplish in 2019. Their 2018 bill (AB-2731) failed to pass. The bill would have levied a breathtaking ADDITIONAL 17% state individualRead More

Richard Rider

In 2016, 1,800 CA companies “disinvested” in CA — either leaving the Golden State or expanding their businesses elsewhere

Last month I wrote about reports that McKesson, California’s second largestcorporation(after Apple), might be planning to move its HQ out of San Francisco. After the company initially denied such stories, the firm has now confirmed their planned HQ move to Texas. https://www.bizjournals.com/dallas/news/2018/11/30/mckesson-relocates-headquarters-to-north-texas.html?

One factor seems to be that the company’s top dogs are tired of paying a (now nondeductible) 13.3% California state income tax. Of course, Texas has no state income tax.

Would that this move was a “man bits dog” story. It’s not. It’s more of the same. And it’s getting worse.

The “Business Relocation Coach” tracks these California business moves, and just updated the figures. The survey found… Read More

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