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Introduction
Introduction

California’s Up-and-Down Revenue Stream: Is State Tax Reform, Up, Down…or Out?

by Bill Whalenvia Eureka
Tuesday, July 21, 2015

California may be parched and arid, thanks to a historic drought.  Meanwhile, Sacramento is awash with money – about $6.7 billion more than government bean counters were counting on as recently as January.

Podcast: The Eureka Podcast: “Tax Reform in California”
Featured Commentary
Featured Commentary

Capital Gains Taxes: More Than A “Rich Person’s Problem”

by Autumn Cartervia Eureka
Tuesday, July 21, 2015

It may seem easy to dismiss capital gains taxes as just a “rich person’s problem.” Popular wisdom holds the wealthiest among us generate essentially excess wealth largely through well-timed investment trades, making capital gains nothing more than icing on their income cakes.

Featured Commentary

The Uncertain Futures Of Propositions 13 And 30

by Joel Foxvia Eureka
Tuesday, July 21, 2015

Two of California’s historical ballot initiatives – one brought by government outsiders to limit government revenue, the other brought by government insiders to expand government revenue – face an uncertain future if changes to these laws appear on the 2016 ballot.

Featured Commentary

Fixing California – The Need For Tax Reform

by Gerald Parskyvia Eureka
Tuesday, July 21, 2015

From 2008 to 2009, California experienced its worse economic recession (dubbed by some as the Golden State’s “Great Recession”) since the tax system was first created in the 1930’s.

Golden Gate Bridge
Featured Commentary

“Taxifornia” And “Left Coast” – Public Opinion Or Just Politics?

by Carson Brunovia Eureka
Tuesday, July 21, 2015

The “Left Coast” and “Taxifornia” are two common nicknames for the Golden State.  And it isn’t surprising why. California hasn’t voted for a Republican presidential or U.S. Senate nominee since 1988 and hasn’t elected a Republican to a statewide office since 2006. 

Podcast: The Eureka Podcast: “Tax Reform in California”

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Introduction

California’s Up-and-Down Revenue Stream: Is State Tax Reform, Up, Down…or Out?

by Bill Whalenvia Eureka
Tuesday, July 21, 2015

California may be parched and arid, thanks to a historic drought.  Meanwhile, Sacramento is awash with money – about $6.7 billion more than government bean counters were counting on as recently as January.

Podcast: The Eureka Podcast: “Tax Reform in California”
Golden Gate Bridge
Featured Commentary

“Taxifornia” And “Left Coast” – Public Opinion Or Just Politics?

by Carson Brunovia Eureka
Tuesday, July 21, 2015

The “Left Coast” and “Taxifornia” are two common nicknames for the Golden State.  And it isn’t surprising why. California hasn’t voted for a Republican presidential or U.S. Senate nominee since 1988 and hasn’t elected a Republican to a statewide office since 2006. 

Podcast: The Eureka Podcast: “Tax Reform in California”
Featured Commentary

The Uncertain Futures Of Propositions 13 And 30

by Joel Foxvia Eureka
Tuesday, July 21, 2015

Two of California’s historical ballot initiatives – one brought by government outsiders to limit government revenue, the other brought by government insiders to expand government revenue – face an uncertain future if changes to these laws appear on the 2016 ballot.

Featured Commentary

Capital Gains Taxes: More Than A “Rich Person’s Problem”

by Autumn Cartervia Eureka
Tuesday, July 21, 2015

It may seem easy to dismiss capital gains taxes as just a “rich person’s problem.” Popular wisdom holds the wealthiest among us generate essentially excess wealth largely through well-timed investment trades, making capital gains nothing more than icing on their income cakes.

Featured Commentary

Fixing California – The Need For Tax Reform

by Gerald Parskyvia Eureka
Tuesday, July 21, 2015

From 2008 to 2009, California experienced its worse economic recession (dubbed by some as the Golden State’s “Great Recession”) since the tax system was first created in the 1930’s.

The Eureka Podcast: “Tax Reform in California”

interview with Carson Bruno, Bill Whalenvia Eureka
Monday, July 20, 2015

How a volatile, progressive tax regime is impairing California’s economy.

Golden State Poll Analysis

Californians See The Housing Affordability Crisis As A Threat To The California Dream

by Carson Brunovia Eureka
Tuesday, May 19, 2015

California’s housing prices are the 2nd highest in the country (second only to Hawaii); according to Zillow, Californian home values and rental prices are roughly 2½ times and 1½ times, respectively, the national averages.  Homeownership is a signifier of upward economic mobility, but many Californians cannot afford these daunting prices.

Podcast: The Eureka Podcast: “California’s Affordable Housing Crisis”
Introduction

Hot Market, Exorbitant Prices, And A Debate Over Policy Remedies

by Bill Whalenvia Eureka
Tuesday, May 19, 2015

Not that housing in California defies logic but consider this tale of a home that went on the market in San Francisco back in February 2015. Located in the city’s Outer Sunset District, the four-bedroom home was listed at $799,000 – a bargain by local standards (in April, the median asking price for a San Francisco property was a shade under $1.01 million).  Why the discount?

Podcast: The Eureka Podcast: “California’s Affordable Housing Crisis”
Housing
Featured Commentary

Housing in California: A Profound Public Policy Failure

by Wendell Coxvia Eureka
Tuesday, May 19, 2015

For more than a quarter century after World War II, the "California Dream" was real. California was the Promised Land to millions of middle-income households who moved here from all over the country. They were attracted by unmatched weather.

Featured Commentary

What’s Preventing New Housing In California? The Usual Suspects – Plus CEQA

by Loren Kayevia Eureka
Tuesday, May 19, 2015

The California political establishment has passed the Fitzgerald Intelligence Test – that’s the author F. Scott Fitzgerald, who in 1936 had this observation: “The test of a first-rate intelligence is the ability to hold two opposing ideas in mind at the same time and still retain the ability to function."

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Eureka was created to serve as an occasional discussion of the policy, political and economic issues confronting California. Like the Golden State motto from which this forum’s title was borrowed, the goal here is one of discovery – identifying underlying problems and offering reasonable and common-sense reforms for America’s great nation-state.

Ever since Archimedes supposedly first uttered the word, eureka has meant joy, satisfaction and a sense of accomplishment. Drawing on the combined wisdom of Hoover’s policy experts and leading California thinkers, we hope that you’ll find enlightenment in these pages. Hoover research fellow Bill Whalen, who has nearly two decades of experience in California politics and public policy, serves as this forum’s editor.