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Recent News About Reason Foundation
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California’s certified election results show fewer votes for Newsom than 2021 recall
After five weeks of counting, the certified Nov. 8 election results show the number of people voting for California Gov. Gavin Newsom was roughly 1.5 million votes behind the number who voted for him in last year’s recall. -
Ninth Circuit declines to review earlier ruling on AB 5 application to interstate trucking
A recent federal appeals court decision that found interstate motor carriers are not exempt from AB 5 has prompted questions about what other professions could now receive exemptions from the controversial mandate. -
California’s nonpartisan fiscal policy advisor pokes holes in Newsom’s revised state budget
Gov. Gavin Newsom has announced an ambitious a list of 400 new budget proposals based on a $76 billion surplus, but much of the money is already spoken for by constitutional mandates and the number of initiatives is raising questions about California’s long-term financial health. -
Business exodus raising questions about California’s economic outlook; ‘It’s pretty obvious that there’s one direction of preference’
Amid the recession caused by the COVID-19 pandemic, dozens more companies are leaving California for other states where their money goes further. -
Ride share drivers not included in new AB 5 exemptions
While the state recently passed legislation that will make more professions exempt from the controversial independent contractor law, AB 5, it left out others, including ride-share drivers. -
California assessors dispute bill to exempt solar industry from Proposition 15 tax hike; ‘This would establish a bad precedent’
State Assembly members have approved a solar industry exemption from the Proposition 15 property tax increase if voters approve that ballot measure in November. -
County assessors urge ‘No’ vote on costly Prop 15 ballot measure; ‘Impossible to implement’
The California Assessors’ Association (CAA) has taken an opposed position on Proposition 15, the newly qualified “split roll” ballot initiative that would change how commercial properties are assessed and revoke most Proposition 13 tax caps in place since 1978. -
As business reopens, liability question looms: 'It’s one of the big uncertainty areas of the pandemic'
With the COVID-19 pandemic impacting the economy across California and the nation, businesses face an unprecedented uncertainty that many believe requires liability protections to mitigate. -
New ballot initiative could eliminate property tax protections
With California businesses trying to recover from the economic impact of COVID-19, voters in November will decide whether to pass a new ballot measure that would end a 42-year cap on property taxes for commercial property owners. -
Businesses get back to work with new guidelines to fight spread of COVID-19
With the scaling back of state lockdown mandates, businesses are working to operate under new safety protocols designed to curtail any possible spike in COVID-19 cases. -
Cannabis Advisory Committee report finds licensed marijuana merchants only account for quarter of market; Reason: taxes are high
LOS ANGELES – California may have legalized recreational marijuana, but the state's heavy-handed regulations and tendency to overtax is smothering legal marijuana dispensaries, which account for only 25 percent of the estimated market, according to a report by the Reason Foundation. -
Reason Foundation analyst 'not surprised' at state's drop in rank in latest CNBC state business poll
LOS ANGELES – The struggle of doing business in California was recently put on a national display in CNBC’s annual state-to-state business poll, which ranks each state in a number of business categories led by workforce, economy and structure. -
Reason Foundation analyst says can mitigate damages by changing infrastructure
LOS ANGELES – California law has long held utilities companies responsible for fires found to be caused by their utilities, even in instances when the companies themselves have not been negligent. According to an opinion piece recently published in the Los Angeles Times, this system has created a difficult climate for utilities and is generating interest in liability reform from experts.