News & Media

Election Day is in sight, and the first in a series of ads were released that show the truth about Proposition 15 — that every Californian will pay for the $11.5 billion tax hike.

Many owners face tough choices after a federal loan program and other government moves to bolster the economy have run their course.

It’s the last day of session for the California Legislature, where state lawmakers have a few more hours to send another tax increase to Governor Gavin Newsom’s (D) desk. What’s unique about the latest tax proposals pending in Sacramento is that Golden State lawmakers are targeting more than future earnings. They’re also seeking to raise taxes on past earnings and levy the nation’s first tax on accumulated wealth.

OVID-19 has wreaked unprecedented havoc on all small businesses. The meltdown in marginalized minority-owned businesses has been especially devastating. Between February and April, 41 percent of Black businesses and 32 percent of Latino businesses closed as a result of the pandemic.

A study released late last week by the nation’s leading small-business association revealed five issues in particular that were more problematic for Main Street entrepreneurs in California to deal with than they were for their counterparts across the nation.

The cost of health insurance, regulation and state and local taxes top the list of concerns for California small businesses, according to the latest survey by the National Federation of Independent Business.

My small party rental business is alive, barely. Covid-19 decimated us with postponements or cancellations of graduations, weddings and birthday parties since early March. Luckily, Google Ads help us cut down on costs. When my wife and I first opened our doors, we advertised in the Yellow Pages, but it was expensive and eating away at our profits. It wasn’t sustainable. Google Ads are cheaper and increased sales by 900%. Today, we rely on smart and engaging digital advertising that attracts customers to our services. Without the digital safety net, we wouldn’t have a
business to save.

Three months after Gov. Gavin Newsom began easing the stay-at-home order meant to curb the coronavirus pandemic, the virus is raging — and the vast majority of residents are back to living under major government restrictions.

The National Federation of Independent Business (NFIB) was among the groups requesting Gov. Newsom delay a scheduled wage increase through 2022 but it was announced last week that he is declining to exercise his authority in the matter.

Gov. Gavin Newsom announced July 29 that tax credits had successfully provided needed economic relief to low-income Californians

Californians voting in November 2020 should reject the recently named Proposition 25, a ballot measure that, if passed, will replace the injustice of money bail with an even more discriminatory pretrial system, Human Rights Watch said today. 

Gov. Gavin Newsom announced Wednesday the state would keep in place a planned jump in the state’s minimum wage to $14 an hour next year for larger businesses, saying it would help hard hit lower-income workers even as many companies struggle to survive amid the coronavirus crisis.