Recently I had the opportunity to join 100 local business, nonprofit and public sector leaders on a four-day journey to Nashville, Tenn. to discover how this boot-scootin, honky-tonk city is thriving. Nashville has an identity no one can deny, and one this country girl couldn’t get enough of. But, let me tell you, it is so much more than a music town. Nashville is a thriving hub for business and forward thinking.
California’s business climate is well-known for being unfriendly. CEO Magazine has rated California as the worst state in which to do business for more than eight years running. Undoing Proposition 13’s provisions, as is currently being proposed, will make a big problem even worse by increasing taxes on the very businesses that create jobs and contribute to our economy.
The sharing economy is a collaborative economic movement inspired by the efficiency of loaning and sharing existing resources on a fee-for-service model. It reduces environmental waste while supporting financial sustainability and building stronger communities, and it’s having a bigger impact than you might realize.
After all these years since California voters passed Proposition 13, what will it take to have a rational discussion about amending the way commercial property is assessed?
Unscrupulous vendors are a small part of the so-called shadow economy – the unlicensed contractor for sure, but also a vast black market of businesses, often cash-only, working out of homes or garages, that don’t pay the taxes or licensing fees their competitors do. While profitable for the person getting away with it, this underground economy hits all of us right where it hurts – in the pocketbook.
Our local coffee roasters have been putting Sacramento’s coffee scene on the map. While roastery fame is an exciting addition to our Farm-to-Fork movement, it’s not the only way our local cafes are having a positive impact on our city. They also help…
Like many transplants to Sacramento, before moving to the area I had little awareness of the plethora of quality-of-life amenities the region has to offer. As I complete my first decade as a resident, it has dawned on me that this has been the longest stop thus far in my professional career.
This year could provide some of the first expansions in bank lending since 2008. So is the market back up to speed? No. But banks are slowly and smartly increasing their appetites for commercial lending, and the Capital Region will see its share of transactions.
I am no fan of Measure U, the voter-approved sales tax that went into effect in April. New taxes are rarely the answer to economic malaise.
When he’s not jet-setting to Tahiti or hobnobbing with his best friend Tom Cruise*, Sean O’Brien is just a regular guy. He’s 29, single, never pays full price when shopping online and likes to snowboard with friends in Tahoe.
Congratulations Sacramento. You finally got the economic recovery you’ve been asking for.
It’s not as big or fast as you had wished for, but give it time. It should get stronger as we move toward 2014.
Taxes are en vogue these days, and not just at the state level where Gov. Jerry Brown is pushing a sales and income tax ballot measure. Eight California cities already gained general tax increases from their residents in the June elections; several more cities and counties will attempt to follow suit in November.
If the people of California won’t vote to tax Big Tobacco or Big Oil, why does Gov. Jerry Brown think they’ll vote to tax themselves?
On a morning in April, eight representatives of local banks and credit unions walked into the Sacramento Metro Chamber headquarters to discuss the region’s lousy credit situation.
The past few years have seen the biggest social upheaval against the banking industry in this nation’s history, and Capitol Hill lawmakers responded with 848 pages of legislation that liberal critics deride as weak and many conservatives call a job killer.
Jeff Michael, 42, is the director of the Business Forecasting Center at the University of the Pacific.
Parts of the Capital Region are experiencing the hopeful signs of recovery, partly due to the re-emerging health of its eastern neighbors.
While much of the local and national talk around pension reform is directed at public employees, the biggest current changes are occurring in the private sector.
Several years ago, I wrote in these pages about my enthusiasm for the Buy Local campaigns popping up in communities from coast to coast. Cities like Portland and Philadelphia were building support and sales for their hometown businesses and especially for local retail and service firms.
The Federal Reserve calls it Operation Twist, named after the 1961 Chubby Checker hit that sparked gyrating hips in dance halls across America. That was also the first year the Fed embarked on a mission to purchase long-term Treasury notes in an effort to drive down interest rates on long-term loans.