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Archive of posts tagged California Budget

May Budget Revise a Disaster for the Environment and Public Health

By Kathryn Phillips Sierra Club
On Monday Governor Jerry Brown released the May Revision to his 2012-2013 state budget proposal. The revision, which reflects changes in revenue projections, notes that the expected budget shortfall for the year has clim…

Scrutinize Wasteful Corporate Tax Breaks Before Cutting Vital Services

By Art Pulaski, California Labor Foundation
For every cut the state is asking seniors, those with disabilities, workers and low-income Californians to absorb in the May Revise, there’s a wasteful corporate tax break that’s draining much-needed reve…

Governor Brown Slashes Schools and Social Services, But Not Corporate Tax Avoidance

By Duane Campbell
The proposed California budget for next year says that income will be $15.7 billion less than available revenue.   
The report is here: http://www.dof.ca.gov/documents/2012-13_May_Revision.pdf
California does not have enough…

California $7 Billion More in the Budget Hole Than Expected

By David Dayen, Firedoglake
Over the weekend, California Governor Jerry Brown announced that the budget deficit for the next fiscal year has nearly doubled, from $9.2 billion to $16 billion. This almost assuredly means a commensurate increase in cuts t…

Corporate Tax Loopholes: The REAL Waste, Fraud and Abuse in California’s Budget

By Rebecca Band California Labor Federation
One BILLION Dollars. That’s how much California gives away every year to big corporations, thanks to a wasteful tax loophole that actually incentivizes companies to close up shop in California and move thos…

Budget Countdown: Three, Two, One, Impact (On California’s Most Vulnerable)

By Wilma Chan Alameda County Supervisor, Third District
Imagine that you are a single mother with two children and the Governor has issued you a budget challenge: live off of $392 each month. Imagine paying for food, housing, and daily living expenses….

Out of State Corporations Fighting to Keep Tax Loophole Are Top U.S. Tax Dodgers

By Judy DuganConsumer Watchdog
Three of the five global corporations behind a coalition aimed at protecting $1 billion a year in California tax loopholes are among the nation’s top tax evaders, said Consumer Watchdog. They are:
- International Paper …