12/26/2024

News

Do Ban the Box Laws Increase Crime?

Ban-the-box (BTB) laws, which prevent employers from asking prospective employees about their criminal histories at initial job screenings, have been adopted by 25 states and the District of Columbia. Using data from the National Incident-Based Reporting System, the Uniform Crime Reports, and the National Longitudinal Survey of Youth 1997, this study is the first to […]

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Volkswagen Vows to Overtake Tesla With World’s Largest Electric-Car Fleet

Volkswagen has pulled into Tesla Inc.’s rearview mirror and vowed to overtake the electric-car pioneer with an extensive rollout of battery and hybrid models over the next five years, as well as new production facilities around the world. The German car maker—which is the largest world-wide, with sales of 10.7 million vehicles last year—said Tuesday […]

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Defining and Measuring the Digital Economy

This paper, made possible by support from the Commerce Department’s National Telecommunications and Information Administration (NTIA), describes the work of the Bureau of Economic Analysis (BEA) to develop estimates towards the construction of a new digital economy satellite account. These estimates are the first step to a comprehensive measure of the contribution of the digital […]

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“Strategic Misrepresentation” to Get Voters’ Money

Unfortunately, cost overruns on government projects are hardly a new phenomenon. According to a CATO Institute paper, as far back as 1836, a congressional Ways and Means Committee examination found that 25 out of 25 federal projects suffered a cost overrun. The paper included other interesting items such as the construction of the Erie Canal […]

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The Rising Cost of College: Student Fees

Students, parents, and lawmakers often express concern about tuition increases at California’s public universities. But tuition is not the only college cost that has been rising. Students also pay fees that cover many non-instructional costs, and between 2013 and 2016, student fees increased an average of 21% at both the UC and CSU systems, even […]

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LOCAL TAXES: San Francisco Parcel Tax to Fund Teacher Pay Increases Makes Ballot

The proposed tax increase, dubbed the “Living Wage for Educators Act of 2018” by supporters, would impose an annual $298 parcel tax, increased annually for inflation, for 30 years. The cost for each property owner would be $8,940 if the rate remained at $298 for the entire 30 years, but the cost is likely to […]

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New fees proposed to pay for California’s contaminated water problem

As part of his final budget proposal, Gov. Jerry Brown wants new fees on water to provide clean and affordable drinking water to the approximately 1 million Californians who are exposed to contaminated water in their homes and communities each year. The fund would pay for short- and long-term improvements to water infrastructure and help […]

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Opinion: California’s housing crisis and the density delusion

Once seen as a human-scale alternative to the crowded cities of the past, California’s cities are targeted by policy makers and planners dreaming of bringing back the “good old days,” circa 1900, when most people in the largest cities lived in small, cramped apartments. This move is being fronted by well-funded YIMBYs (“yes in my […]

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Stat of the Week: $150,000 added to every new home

That’s the estimated cost of city fees tacked onto each new single-family home in Fremont. The Terner Center for Housing Innovation at the University of California, Berkeley, compared housing development fees in seven cities: Berkeley, Oakland, Fremont, Los Angeles, Irvine, Sacramento and Roseville. Fremont topped for both single-family homes and for multifamily units at about […]

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After 40 Years, the Black-White Labor Force Participation Gap Has All But Closed

Black labor-force participation—meaning the number of people working or looking for work—is trending up, while broader participation in the U.S., particularly among whites, has flattened after falling. Participation by race is now near a crossroad. The share of black Americans actively working or looking for work was 62.9% in February, while the corresponding white rate […]

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NRG subsidiary to close three power plants in Southern California

In another sign of the state’s power glut, three Southern California gas-fired power plants owned by a subsidiary of energy firm NRG Energy Inc. will close over the next few months. . . .Gladys Limon, executive director of the California Environmental Justice Alliance advocacy group, said in a statement Friday that the retirement of the […]

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Federal Tax Reform Means More Business Taxes for California

California’s corporate tax base may increase by up to 12 percent as a result of federal tax reform legislation, according to a study recently released by the State Tax Research Center. This means that revenues from California’s corporate income tax could increase by as much as $1.3 billion – without any action by state lawmakers […]

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Weak Consumer Spending Presents a Puzzle

The U.S. job market is booming and workers’ paychecks are growing thanks to a tax cut and raises. But Americans hunkered down on spending last month, a puzzle for an economy that leans heavily on their willingness to consume. Sales at U.S. retailers fell 0.1% in February, marking a three-month slide. Much of the decline […]

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Solving the productivity puzzle

Nine years into recovery from the Great Recession, labor-productivity-growth rates remain near historic lows across many advanced economies. Productivity growth is crucial to increase wages and living standards, and helps raise the purchasing power of consumers to grow demand for goods and services. Therefore, slowing labor productivity growth heightens concerns at a time when aging […]

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Small Business Policy Index 2018: Ranking the States on Policy Measures and Costs Impacting Small Business and Entrpreneurship

SBE Council President and CEO Karen Kerrigan said: “Fortunately for entrepreneurs and small businesses, the policy environment in terms of taxes and regulations has improved at the federal level over the past year. There is a concerted effort and real action to reduce tax and regulatory burdens on small businesses and entrepreneurs, which has improved […]

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