Topic: Business Climate
An overview of the Golden State's tax structure
Feb. 3, 2017
Senate Bill 617 enhanced guidance and oversight of agency analysis of major regulations in California. However, based on our review of the analyses of major regulations conducted so far, the analyses still do not consistently follow best practices. These limitations make it difficult to understand trade‑offs associated with different regulatory options and determine which options are most cost‑effective. In addition, certain analytical requirements appear to provide limited value and there is no statewide requirement for agencies to conduct retrospective reviews.
Jan. 27, 2017
"The total number of union members fell for both private- and public-sector workers last year, the first overall decline in four years, the Labor Department said Thursday. New policies from the Trump administration threaten to put more downward pressure on organized labor’s last stronghold, government employees, but might help stem membership losses among manufacturing and construction workers. Only 10.7% of workers were union members last year, down from 11.1% in 2015, and from more than 20% in the early 1980s. It is unclear whether any of Republican President Donald Trump’s policies could reverse this decadeslong slide in private-sector union membership, especially when unions were unable to gain traction with a union-friendly Democrat in the White House."
Jan. 24, 2017
The California Legislature enacted a dizzying array of new bills last year — with Gov. Jerry Brown signing more than 900 into law. With job growth stagnant and small business optimism unclear here in California, hundreds of new laws and regulations on the books this year present new burdens and risk of non-compliance for businesses across the state.
Jan. 19, 2017
But Brown’s fiscal restraint posturing is more talk than action. His first enacted budget since re-election in 2010 totaled $128.3 billion (June 2016 dollars) in General and Special Fund expenditures. By 2016-2017, the budget had ballooned 30 percent to $167.1 billion. Overall, Brown has increased real General and Special Fund spending by an average of 5 percent per year.
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