SUBJECT

ARTICLE

The 2002 Primary: Bad News for Business. Tony Quinn, co-editor of the California Target Book on legislative elections, analyzes the March 5 results.

Tax Threats: The Spending Lobby Pushes Array of New or Higher Levies. By the Cal-Tax Staff. Billions of dollars in new or higher taxes have been proposed by those in and around the California Legislature.

Tax Increases are Job-Killers and Wrong for the Economy. Cal-Tax President Larry McCarthy urges better management of existing resources rather than resorting to taxes to solve the state’s budget problem. Raising taxes will kill jobs and hurt the state’s economic recovery.

UI FUND

California Employers Face $5.2 Billion Payroll Tax Hike. Cal-Tax Vice President Carol Evans warns that huge unemployment insurance benefit increases last year, along with a proposal to make them retroactive, will raise employer UI taxes by $5.2 billion within a few years.

Spending $16 Million to Save $5 Million: Closing California’s Five Privately Owned Prisons is Fiscal Nonsense. Cal-Tax board member and former chair Doug Kindrick reports on the real costs to taxpayers if the governor goes ahead with his plan to shut privately owned prisons.

California Tax Law after the Federal “Job Creation and Worker Assistance Act of 2002.” Chris Micheli, tax attorney with Carpenter, Snodgrass & Associates, sees where state law misses and matches with changes in the federal code.