Loren Kaye on Fox & Hounds

• Reclaiming the California Promise March 5, 2019
  California’s success recovering from the Great Recession masks profound challenges that will bedevil Governor Gavin Newsom and his fellow elected California leaders. During the teeth of the recession, California lost more than 1.3 million jobs and per capita income sagged by 6%. But since hitting bottom nearly a decade ago, we’ve added more than 3 […]
• Why Tax Reform is Hard January 30, 2019
  Governor Newsom’s musings have set tax reformers buzzing. Deflecting a question at a budget briefing about where he stands on a ballot proposal to raise property taxes on business, the Governor disclosed his “desire is to use this as an exercise in bringing the parties together to see if we can compromise on a more […]
• Newsom’s First Budget Goes Easy on Taxes January 18, 2019
  In his recently-released state budget proposal, Governor Newsom made two important and supportive statements on California’s business and economic climate. First, he reinforced the need for state fiscal stability. While enjoying the benefit of more than $20 billion in surplus revenues, he chose to direct most of the surplus either to bolstering the Rainy Day […]
• Housing Woes Threaten California’s Middle Class January 9, 2019
  California’s housing crisis is the worst threat to our middle class lifestyle since the recession. Our median home listing price is nearly twice the national average, and besides Hawaii is higher than any other state. Our median rental rate is half again higher than the national average, and is also the highest in the nation (other than Hawaii). When […]
• California’s Next Governor Will Have a Long “Want-List.” October 17, 2018
  On Day One of his new administration, Gavin Newsom or John Cox will enunciate his vision for California, and call on the Legislature to implement it, whether it’s spurring more housing, increasing school funding, eliminating the new “sanctuary” law, cutting taxes or “resisting” the Trump Administration. He will set the agenda for how to spend […]