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Katy Grimes

Voters Swindled in Steyer-Backed Green-jobs Initiative?

The Associated Press released a report this week which found that a fraction of the promised jobs have been created following passage of the 2012 Proposition 39, by billionaire hedge-fund manager and green-jobs shill Tom Steyer. Prop. 39 is bringing in millions less each year than initially projected, according to the AP. “Proponents told voters in 2012 that it would send up to $550 million annually to the Clean Jobs Energy Fund. But it brought in just $381 million in 2013, $279 million in 2014 and $313 million in 2015,” the AP reported.

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Kevin Dayton

California Supporters of Economic and Personal Freedom Can Plan for 2014 by Thinking Locally

Want to advance and protect economic and personal freedom in California in 2014?

Turn off the talk radio. Instead, turn on Cable Channel 19 or whatever station broadcasts your local government meetings. Or look up your local government web sites for agendas, minutes, and archived videos of meetings.

You may discover the Left advancing its agenda through the mundane policy implementation and administrative operations of your local governments, with virtually no resistance or news media coverage. But you can turn the tables.

Here are two suggestions on how YOU can make a difference in 2014 in your city.

Explain Bond Measures to Your Friends, Neighbors, and Coworkers

California voters almost always approve ballot measures that authorize local K-12 school and community college districts to borrow money for construction by selling bonds. Most voters know little about school construction finance. They vote for bond measures to “help the kids.”

While this incomplete knowledge about bond measures gives educational districts a chance to mismanage huge amounts of money with impunity, it also gives you the opportunity in… Read More

Katy Grimes

Steyer defends Prop. 39 to raise taxes on business

cross posted at CalWatchdog

Most of us would think that wealthy people would be more interested in sponsoring ballot initiatives to cut taxes, not to increase them. But of the three tax-increase ballot initiatives on the November ballot to significantly raise taxes, two were sponsored by very wealthy individuals, Proposition 38 by attorney Molly Munger and Proposition 39 by hedge-fund manager Tom Steyer.

The third is the Gov. Jerry Brown’s Proposition 30 tax increase.

Prop. 39 is getting noticed. But it’s is just another retread of the 2010 Proposition 24, which voters killed.

Prop. 39 would require businesses headquartered out of the state to use the “single sales factor method,” in which their tax liability is based solely on their amount of sales in the state.

They would no longer be allowed to use the other option, known as the “three-factor method,” which bases tax liability on a combination of the sales, property and number of employees a business has in the state. That option was a tax-cut part of the budget deal in 2009… Read More