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We’ve had the war on women. And the war on immigrants. Is the war on business, next? That’s a fair question raised by many, including Ventura employer General Magnaplate Corp., which is closing after settling with the Environmental Defense Center over charges it polluted the Santa Clara River. In a statement, the company said it Read More →
By Staff Report / Friday, April 15th, 2016 / Latest news / Comments Off on 5 tri-county companies get $545,000 in tax credits for creating jobs
Five tri-county companies are among 103 statewide approved for tax credits for creating new jobs by the California Competes Tax Credit committee April 14. The tri-county companies will get a combined $545,560 and the total $70 million awarded will help companies across California create a projected 9,369 jobs and generate over $1.3 billion in investment. Read More →
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By Steven Mintz California is frequently a bellwether state with respect to workplace ethics issues. Exhibit A is the recently adopted law that mandates a minimum wage of $15 by the end of 2022. Under a deal reached with state lawmakers on April 4, the state minimum wage will rise to $10.50 on Jan. 1, Read More →
By Henry Dubroff / Friday, April 1st, 2016 / Columns, Latest news / Comments Off on Dubroff: Raising minimum wage to $15 per hour will hurt businesses
Having pushed through one of the largest tax increases in California history, Gov. Jerry Brown has now put his stamp on a minimum wage hike that will likely take away as much opportunity as it provides. A pragmatist and fiscal prude, Brown jumped into the minimum wage debate and wrung from union advocates concessions that Read More →
Taxes and savings are much in the news these days. Baby boomers aren’t saving enough for retirement. Millennials will need $2 million portfolios in order to achieve a decent level of retirement income. Federal income taxes are too high – and don’t get us started about California. Old-fashioned pensions are largely gone from the private Read More →