Economy

New CalChamber Survey: Homelessness, Public Safety Top Concerns for California Voters

California voters are anxious. Reports of steady growth and low unemployment cheer political leaders, but voters are disturbed by decaying public order and an unaffordable...

Poll Shows Dropping Support for Split Roll, Largest Tax Hike in History

Backers of an initiative for the 2020 ballot to increase business property taxes have changed their measure twice since introducing it in 2017. The...

California Has One of Worst Lawsuit Climates in Country, Business Survey Shows

California has one of the worst lawsuit climates in the country, affecting companies’ decisions on whether to do business in the state, according to...

California Economy Continues Growing; Some Declines Due to Ongoing Trade Wars

Fact Versus Fiction While still savoring the fact that the U.S. economy is in the midst of a record-breaking expansion, attention has suddenly shifted to...

CalChamber, Coalition Raise Concerns Over Efforts to Impose a Sales Tax on Services

A broad coalition that includes the California Chamber of Commerce, small businesses, and taxpayers yesterday announced the formation of the California Tax and Budget...

Multiple Entities Could Gain Power to Increase Property Taxes with Just 55% Vote of...

Hundreds of local special districts could gain the ability to increase property taxes with just a 55% majority vote if a proposed constitutional amendment...

Effort to Make Property Tax Increases Easier to Pass Falls Short in Assembly

A proposed constitutional amendment to make it easier for local governments to increase property taxes failed to secure enough votes to pass the Assembly...

Five Questions for Split Roll Proponents

Proponents of an $11 billion statewide property tax increase re-filed their ballot initiative this week, claiming “notable improvements to implementation dates, expansive new small business tax relief, clarified...

August 27 Hearing Will Allow Taxpayers to Voice Concerns

An annual hearing to allow taxpayers to present their ideas and concerns on property taxes or the alcoholic beverage tax is set for August...

CalChamber-Opposed Bill Will Increase Frivolous Litigation Against California Businesses

A California Chamber of Commerce-opposed bill allowing the Attorney General and private attorneys to sue taxpayers for perceived tax errors will be considered by...
The Workplace Podcast

Renewed Talk about Sales Tax on Services Raises Concerns for California Business

Governor Gavin Newsom signed the state budget with a $21 billion surplus, but expressed his support for a new sales tax on services in...

California’s Private Economy Serves State Budget Bounty

Right on schedule, the California Legislature approved a $213 billion state budget – roughly twice the size of the budget adopted a decade ago...

Record Economic Expansion Near; Housing Costs Dampen State’s Dynamism

U.S. Outlook Better Than Expected, But Not as Good as It Looks The stock market sell-off that began at the end of 2018, combined with certain...
The Workplace Podcast

CalChamber Podcast: Go-Go Economy Fuels Record State Budget Surplus

Thanks to the hard work of employers and businesses, the state has seen excellent growth and is flush with revenue. On this episode of The...

Robust State Budget, Key Programs Rely on Private Sector Success

Taxes continue to pour into the state treasury, like spring snowmelt into Lake Oroville. Thanks to the engine of California’s private economy – the...
Support

CalChamber-Sponsored Bill to Protect Businesses from Predatory Lawsuits Passes

Legislation sponsored by the California Chamber of Commerce to help educate businesses and protect them from predatory lawsuits passed an Assembly committee last week with unanimous...
The Workplace Podcast

CalChamber Podcast: Taxes, Taxes and More Taxes

Even though California is enjoying its ninth straight year of economic growth and the state has a solid budget surplus and a brimming Rainy...

CalChamber Releases 2019 Job Killer List

The California Chamber of Commerce yesterday released its annual Job Killer list, which includes 24 bills that would harm California’s economic growth and job...
The Workplace Podcast

New Podcast Features Discussion of Legislative Changes Needed to Fix Privacy Law

The California Consumer Privacy Act (CCPA) is a sweeping privacy law that applies to businesses of all sizes across almost every industry.  Up on...

U.S. Growth Pace Slowing, Housing Flat; State Solutions Require Urgency, Patience

Looking back, 2018 was clearly a solid year for the U.S. economy, with vastly more positives than negatives to reflect on. Acceleration in growth...