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Articles Tagged With ‘Taxes’




Wood tax slips through legislature

Written on 4 Sep, 2012 in Daily Briefs, Featured | 29 comments

A new tax on lumber was passed by California lawmakers over the weekend with the full support of the timber industry. (Sacramento Bee) The 1 percent increase proposal by Gov. Jerry Brown won approval by the barest of margins, 54-20,... (Continue reading)

Standard & Poor’s cuts Arroyo Grande’s credit rating

Written on 30 Aug, 2012 in Daily Briefs, Featured | 26 comments

Arroyo Grande’s credit rating outlook was cut by Standard & Poor’s because of the city’s failure to set aside sufficient funds to meet bond debt requirements. S&P reduced its outlook on Arroyo Grande’s long-term and underlying rating on its Redevelopment... (Continue reading)

Capps Maldonado tax controversies

Written on 3 Aug, 2012 in Daily Briefs, Featured | 23 comments

Following an election-cycle challenge that her competitor Abel Maldonado post his tax returns, Congresswoman Lois Capps discovered that for five years she had not reported income from a room she rents out. Capps discovered the error while placing her returns... (Continue reading)

California departments hoarding more than $2.3 billion

Written on 27 Jul, 2012 in Daily Briefs, Featured | 38 comments

While California legislators vote to cut funding to schools and healthcare, state departments have underreported more than $2.3 billion, according to a analysis of 500 special funds by the Mercury News. Following the discovery that state parks had underreported $54... (Continue reading)

Abel Maldonado fails to disclose tax returns

Written on 25 Jul, 2012 in Daily Briefs, Featured | 22 comments

Republican congressional candidate Abel Maldonado continues to refuse to release his tax returns, even after he agreed to do so more than four weeks ago. [KSBY] In response to a challenge by his opponent, Congresswoman Lois Capps who had released... (Continue reading)

High-speed rail may sink tax plan

Written on 6 Jul, 2012 in Daily Briefs, Featured | 26 comments

UPDATE July 7: The state senate Friday approved the high-speed rail project without a vote to spare, sending the bill to the governor for his signature. Gov. Jerry Brown’s tax initiative has a lot of support among California voters, but... (Continue reading)

Court bars Gearhart tax sale

Written on 3 Jul, 2012 in Daily Briefs, Featured | 9 comments

An Ohio court barred the San Luis Obispo County tax collector from selling former North County developer Kelly Gearhart’s properties at auction during a hearing on Monday. As of June 6, Gearhart, his wife Tamara Gearhart, and several of their... (Continue reading)

New tax-hike plan touted

Written on 28 Jun, 2012 in Daily Briefs, Featured | 17 comments

A Berkeley Democrat’s effort to alter the way California assesses taxes for many state taxpayers faces an uncertain future, needing two-thirds of the Assembly to back it. Assemblywoman Nancy Skinner has introduced legislation to disallow the use of net operating... (Continue reading)

Capps Maldonado exchange slaps

Written on 21 Jun, 2012 in Daily Briefs, Featured | 67 comments

Central Coast Congresswoman Lois Capp tossed an election-cycle challenge to her Republican opponent Abel Maldonado to join her and post all his tax returns and worksheets for every year he has served in office on Monday. “With the US Congress... (Continue reading)

Evidence points to evidence mismanagement

Written on 12 Jun, 2012 in Daily Briefs, Featured | 15 comments

It costs county taxpayers nearly $700,000 annually to underwrite the maintenance of property and evidence rooms for county law enforcement agencies, yet those functions — vital to the administration of justice — are in chaos in many county agencies. That’s... (Continue reading)