Tag: Economics

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California worries it could lose $1B in taxes from exiting residents, businesses

California’s finance office has found that more than $1 billion a year in just personal income tax hangs in the balance because of the probability of people and companies moving out of state due to the high cost of doing business and home prices.

Inflation ahead? Even a top economist says it’s complicated

WASHINGTON (AP) — Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies — when the economy is already surging — have elevated the risk of accelerating inflation.

Governor Newsom Signs Bill Giving Small Business a $6.2 Billion Tax Cut

On April 29, Governor Gavin Newsom signed a bill that will give small businesses hit hardest by this pandemic a $6.2 billion tax cut over the next six years – a critical lifeline that will help get our small businesses back on their feet and an important component of California’s economic recovery strategy.

COVID bill to deliver big health insurance savings for many

Several million people stand to save hundreds of dollars in health insurance costs, or more, under the Democratic coronavirus relief legislation on track to pass Congress.

Digital Strategies Help Small Businesses Compete

The Smart Money Network is a community of digital marketing experts whose mission is to support entrepreneurs as they grow their businesses, especially in the new and increasingly online economy.

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Kohler booked on murder, hit-run death after Palm Avenue scooter crash

Mason Drew Kohler, 31, was booked on felony murder, hit-and-run death, and DUI charges, according to the Riverside County jail roster, which lists a Hemet PD arrest at Palm Avenue and Commonwealth Avenue. Hemet police say two pedestrians on an electric scooter were struck there about 6:55 a.m. Tuesday, Sept. 22; one was pronounced dead. Police have not named the driver, and the decedent's identity remains withheld.

Vote Yes on Proposition 45: A Vote for Jobs and Innovation

A yes vote on Proposition 45 is a vote for jobs and innovation.

San Jacinto Planning Commission recommends two annexations, including 151 homes south of Ramona Expressway

The San Jacinto Planning Commission voted 3-0 Tuesday to recommend two sphere-of-influence annexations to the City Council, including Tentative Tract Map 34271 for 151 single-family lots south of Ramona Expressway. Neither file is a completed annexation.

Shooters Hemet restored to full permit; A placard, score 92

Shooters Sports Bar & Grill at 121 E. Florida Ave. was approved Sept. 22 to open back to full permit status, and the A placard was re-posted. The county report lists a manual score of 92, with no live or dead cockroach activity observed and a surveillance recheck by Sept. 29.

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