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Posts Tagged ‘Jerry Brown’

Governor Brown Has Ways to Make You NOT Talk

Wednesday, February 23rd, 2011 | Enterprise Zones, Legislation, Tax News


California’s budget problems dominate today’s political arena.   Without question, the biggest systemic problem draining the budget is one that most politicians are afraid to even approach.  Of course it’s the pension system.  No one seems willing to call out the patent iniquity in the public versus private workforce.  Jerry Brown on Friday did his part to quell the opposition to true pension reform by removing someone who championed for reform.

Gov. Jerry Brown has removed a California State Teachers’ Retirement System board appointee who helped author a controversial study that criticized the state’s largest public pension funds.

Brown’s predecessor, Arnold Schwarzenegger, appointed Cameron Percyto the CalSTRS board on Dec. 30. As a graduate student at Stanford, Percy was part of a team that wrote, “Going For Broke: Reforming California’s Public Employee Pension Systems. “Schwarzenegger often referenced the report’s highly disputed claim that California’s Big Three pension systems — including CalSTRS — faced a collective $500 billion in unfunded liabilities.

Brown’s spokesman said coldly: “These appointees served at the pleasure of the governor and their services were no longer required.”  Read the full story here.

When Brown took over, there was some hope that given the slim chance of a second term, Brown would make the tough decisions and try to change the systemic problems facing California.  Instead, he’s using the Unions to fund the ballot initiative and hasn’t touched them in his proposed budget while at the same time trying to eliminate the Enterprise Program which is proven to stimulate job creation.  By wedding himself to the Unions early on, he’s tainted his ability to make it seem as if his proposed budget is anything other than the usual pandering to the union lobbyists.  It’s unfortunate for Brown’s legacy and for California, it may be very costly as well especially if the unions are able to drive business out of the state by eliminating the Enterprise Zone Program.

Governor Brown’s First Move Eliminates Enterprise Zones Entirely

Monday, January 10th, 2011 | Enterprise Zones, Tax News


The budget released today completely eliminates all of California’s 42 Enterprise Zones.  It also takes away all prior credit carryover.  However, many see this is a starting point for negotiations.  

Assemblyman Dan Logue, R-Linda, who opposes eliminating enterprise zones, said the state needs to do more to create jobs, not less.“The governor has to realize that to create wealth and revenue, you have to give businesses a reason to develop in an area,” said Logue.

He added in the last decade, the majority of new jobs created in California came in areas where there were enterprise zones.  But because the initial budget proposal from the governor often undergoes several revisions before it’s passed and signed, Logue said, Brown may be including the cuts as a negotiating tactic.

Read the full article here.

Texas Using Its Enterprise Zone To Lure California Businesses To Texas

Monday, January 3rd, 2011 | Enterprise Zones, Tax News


Texas is “open for business” and using its Enterprise Zone to lure California businesses looking to relocate.  Is Jerry Brown listening?

With shovel ready sites situated in an enterprise zone the Levelland Economic Development Corporation sees the new Levelland Industrial Rail Park as the key to developing a diversified local economy.  By paring this new rail infrastructure with the local skilled workforce and integrating ourselves into the wind energy logistic supply chain, Levelland can take advantage of the expanding renewable energy industry exploding throughout the region.  Levelland also offers opportunities to California businesses considering relocation or expansion by helping reduce the normal stress related with such capital intensive projects.  Our exceptional economic environment, warm weather, famous hospitality and affordable cost of living make Levelland an ideal choice for businesses looking to make a move. Texas Governor Rick Perry says, “Texas Wide Open for Business” and Levelland is a great place to enter the Lone Star State. 

Read it here.

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