Legislative Analyst's Office Archives - Page 4 of 5

Wealth Tax California Style: Tax ‘Avoidance’ Will Not Be Allowed

December 21, 2020 8:12 am

Tesla founder Elon Musk recently left California for Texas after warning Gov. Gavin Newsom of his intensions, to which Newsom responded: Meh. Many other business owners before and after Musk have also fled the state’s high taxes and business-interfering regulations,...

Tesla’s Elon Musk Leaving the Golden State for the No Income Tax State

December 6, 2020 8:58 amDecember 7, 2020 8:54 am

It was only in May when Tesla CEO Elon Musk threatened to move both the company headquarters and production facilities to Texas or Nevada if they were not allowed to reopen as soon as possible, as California Globe reported. Then Musk...

California Ballot Initiatives: The Good, The Bad, The Ugly and the Ugliest

October 26, 2020 9:54 amOctober 26, 2020 10:41 am

There are twelve ballot measures certified to appear on the November 3, 2020 ballot. California Globe has broken them down as the Good, the Bad, the Ugly and Uglier, with the analysis and recommendations of Assemblyman Kevin Kiley, Ballotpedia, the...

Are Legislative Findings and Declarations Necessary in Legislation?

October 11, 2020 8:15 amOctober 12, 2020 11:12 am

On occasion, when we review California bills, we come across legislative findings and declarations in these measures. Why are they used and are they necessary? There are basically two schools of thought among bill drafters. But first, what are they?...

Californiaʼs Assault on the Commercial Real Estate Industry

September 10, 2020 3:14 pmSeptember 12, 2020 8:34 am

A long-time commercial California real estate broker told the Globe he recently sold a California property for a client, but the client wanted to exchange into other properties, but with conditions: 1. Not inCalifornia. 2. Not a property with anything...

LAO Study: Statewide Rent Control Prop. Would Cost Cities Tens Of Millions

July 24, 2020 2:09 amJuly 23, 2020 7:10 pm

According to a Legislative Analyst’s Office study made public earlier this week, the ballot initiative expanding rent control, Proposition 21, would lead to more severe repercussions for Californians, including a reduction of available rental units and a drop in housing...

Assembly Budget Committee Praises and Questions Governor Newsom’s Coronavirus Decisions

April 21, 2020 3:03 pm

On Monday, the Assembly Budget Committee conducted an oversight hearing on Governor Gavin Newsom’s COVID-19 coronavirus plan, as well as Newsom’s emergency powers and the $7 billion he has spent on measures so far. Praise and frustration against the Governor...