People’s Voice: Views on Property Tax, Health Care, Labor Law Reform
The CalChamber poll, The People’s Voice, 2023, found that California voters have grown more anxious and pessimistic about living in California. Moreover, a majority...
Study Shows Employers Paying Price for Strain on Unemployment Insurance System
California’s vast unemployment insurance system has been under enormous strain since 2020, and employers are paying the price.
A study in consultation with two eminent...
Governor Signs State Budget Bill; Talks on Trailer Bills Continue
Governor Gavin Newsom signed the state budget bill this week, but many other components of the state spending plan must still come together.
The final...
Governor’s Infrastructure Proposal Cuts Red Tape to Speed Projects
Budget surpluses may be a thing of the past, but Governor Gavin Newsom can still initiate massive new investments in state infrastructure—if he can...
Prudent Budget Proposal Keeps Key Commitments, No Tax Hikes
Governor Gavin Newsom released his revised budget on May 12, revealing a larger revenue shortfall, higher estimated safety net spending, but even so not...
How ‘New Frontier’ Tax Proposal Will Hurt California Revenues
To the delight of the tax and spending lobby, Assemblymember Alex Lee (D-San Jose) has again introduced a tax on wealth. Inspired by government...
Don’t Treat California as a ‘Luxury Good’
The Golden State has enjoyed as much prosperity and created as much wealth as any society on the planet.
Its economic output rivals Germany and...
Governor’s Budget Plans for Uncertain Economy
Governor Gavin Newsom presented a balanced budget this week with no new general tax increases. He identified a $22.5 billion “shortfall” between previously expected...
Despite Economic Ranking, California Has Third Worst Business Tax Climate in U.S.
California’s global rank among economies may be fifth, sixth or even fourth, but bragging rights make little difference to the day-to-day struggles that business...
Get Behind Golden State Pathways to Get Ahead on California’s Economic Future
If you’ve seen it, you know. I’m talking about the spark in the eyes of young people who discover a career path they didn’t...
Federal Inflation Reduction Bill: Review of Impact on California
Given its size and economic diversity, California will both enjoy and suffer some major effects of the Inflation Reduction Act — approved Saturday by...
High Cost of Living Drives Voter Concerns
The cost of living weighs heavily on the minds of voters, and has become the principal lens through which they consider California public policy...
May Budget Revise Focuses on Use of Record Surplus
The strong economic performance by key California industry sectors and entrepreneurs was reflected last week in the upward revision of the state’s general revenues...
We’ve Reached Peak Budget
The Legislative Analyst has cried “last call” for the state budget bash.
Even as the State Legislature enjoys the prospect of spending record budget surpluses,...
Revenue Windfall Provides Opportunity
California’s mighty work-from-home economic engine continues to create massive value for workers, employers and entrepreneurs — and not incidentally for the state treasury.
The nonpartisan...
Poll: Housing Affordability Frustrates Voters
Californians are deeply anxious about the cost of living and working in the Golden State. The seventh CalChamber poll, The People’s Voice, 2021, found...
State Leaders Should Use Budget Surplus to Restore Tax Incentives, Repay UI Debt
Only 18 months ago, expecting a massive pandemic-induced collapse of economic activity, California finance officials predicted a staggering $54 billion state budget deficit. The...