Author Archives: Mark Sorensen

…. From a legal immigrant:

by Ethan Anderson, Founder, RedbeaconNothing terrifies investors or entrepreneurs as much as the concept of expropriation. When governments decide to expropriate legally obtained assets, entrepreneurs who worked tirelessly to build businesses and investors who risked scarce capital end up with … Continue reading →

             “Equalizing” Since 1879! A bit of Holiday Season cheer from the California State Board of Equalization: Sales and Use Tax Rate Will Increase on January 1, 2013 Due to voter approval of Proposition 30, the statewide sales and use … Continue reading →

The CalPERS pension system reported that it made a whopping 1% return on investments in the past fiscal year. Far below its previous operating assumption of 7.75%, or its new 2012 operating assumption of 7.5%. An example of where assumptions … Continue reading →

It is difficult to believe that even in the current economic downturn where our economy is starving for investments into buildings and infrastructure that there is a currently active effort to tax that kind of investment to fund local art … Continue reading →

In a year where the City of Chico has financially struggled, taken gas-tax money from road maintenance and improvements, eaten $1 Million or half of its general liability reserve, paid for early retirements, reduced police staffing levels*, reduced fire-rescue staffing … Continue reading →