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Fleeing California: Toyota takes its business (and its jobs) to Texas

Posted by: Phineas on April 28, 2014 at 6:38 pm » 5 Comments

**Posted by Phineas Oh, man, this is just a gut punch to the Southern California economy: Toyota Motor Corp. plans to move large numbers of jobs from its sales and marketing headquarters in Torrance to suburban Dallas, according to a person familiar with the automaker’s plans. The move, creating a new North American headquarters, would […]

 

Detecting life in the CA economy, state senate moves to kill it

Posted by: Phineas on April 26, 2014 at 8:22 pm » 1 Comment

**Posted by Phineas Well, at least California’s legislative Democrats are consistent: if it works, regulate it, and if it makes money, tax it. In the latest example, Senator Noreen Evans (D-Santa Rosa) has authored a bill to slap a nearly ten-percent tax on oil extraction: The Senate Education Committee voted 5-2 — the minimum number […]

 

Report: Problematic, tax cheating IRS employees received bonuses, PTO

Posted by: ST on April 23, 2014 at 10:41 am » 1 Comment

Via Fox News: IRS employees who had been disciplined for tax and conduct issues were nonetheless rewarded with monetary awards or time off, according to a watchdog report released Tuesday. The report by the Treasury Inspector General for Tax Administration found that while for the most part the reward program for IRS workers complied with federal […]

 

Tweet of the Day: @JoshRomney zings @SenatorReid on #TaxDay

Posted by: ST on April 15, 2014 at 6:31 pm » 3 Comments

I love it! Hey @SenatorReid here's a shot of @MittRomney paying taxes. Does it every year. It's how you get your paycheck. pic.twitter.com/DwSMXzYhuR — Josh Romney (@joshromney) April 15, 2014 Now THAT is how it’s done, y’all.

 

Almost 40% of private biz will lay off employees if min. wage increases

Posted by: ST on March 19, 2014 at 8:45 pm » 2 Comments

Via Fox News: WASHINGTON –  Thirty-eight percent of America’s private employers say they will lay off workers if Congress agrees to raise the minimum wage to $10.10, according to a new survey by the nation’s largest privately held staffing firm. Fifty-four percent of employers who are paying their workers the current minimum wage of $7.25 […]

 

Democrats plan aggressive demagoguery on minimum wage issue, in spite of CBO report

Posted by: ST on February 24, 2014 at 11:27 am » 2 Comments

Via The Hill: Democrats believe they are winning the battle over the minimum wage, despite an official budget report this week that found it would cost the economy a half-million jobs. House and Senate Democratic aides told The Hill they believe they can discredit and overcome the CBO report, which offered ammunition to Republicans who […]

 

VW labor rep: We may punish the South in the future over Chattanooga UAW rejection

Posted by: ST on February 19, 2014 at 6:07 pm » 12 Comments

Via Reuters: Volkswagen’s top labor representative threatened on Wednesday to try to block further investments by the German carmaker in the southern United States if its workers there are not unionized. Workers at VW’s factory in Chattanooga, Tennessee, last Friday voted against representation by the United Auto Workers union (UAW), rejecting efforts by VW representatives […]

 

WH: Min. wage hike wouldn’t lead to up to 1 mil job losses like CBO predicts

Posted by: ST on February 18, 2014 at 7:00 pm » 8 Comments

Via the Washington Free Beacon: A top White House economist says that President Obama’s minimum wage increase will have “zero effect” on employment, despite a CBO report that the proposed hike would likely eliminate 500,000 jobs. “Our view is that zero is a perfectly reasonable estimate of the impact of raising the minimum wage on […]

 

Shocking new poll lists unemployment as America’s top problem

Posted by: ST on February 18, 2014 at 10:42 am » 3 Comments

Gee, ya think?  Via The Hill: Unemployment is now the #1 problem in America, according to a Gallup poll released Monday. After the government shutdown in October, “Government/Politicians” ranked #1 as the top problem in America through mid-January, when legislators passed a bipartisan budget deal. After that, there was a 11-percent drop among Republicans who listed […]

 

Pres. Obama applauds decision by CVS to stop selling tobacco products

Posted by: ST on February 5, 2014 at 6:23 pm » 6 Comments

The Associated Press – by way of ABC News – reports that CVS drugstores across the country will stop carrying tobacco products by October 1 because it wants to look like a more ‘health-friendly’ store (via): CVS, the nation’s second-largest drugstore chain, is kicking the habit of selling tobacco products as it continues to shift […]