CBRT President @roblapsley and @HJTA President @joncoupal explain how the so-called "Wealth Tax" was deliberately written to allow the Legislature to circumvent Prop. 13. Yet another example of how this is an Everyone Tax https://t.co/ZoZRSRjhh3
WHAT THEY’RE SAYING: @CalRoundtable President Rob Lapsley on the benefits to businesses in today’s economy.
Read more: https://t.co/bDHKfYRxot
#CABudget#CALeg
🚨NEWS: According to today’s IMF release and last week’s report from US Bureau of Economic Analysis, CA fell back to 5th largest economy. In addition, the updated IMF data shows California was also 5th largest in 2024 rather than the 4th largest. More coming soon.
We are pleased to announce a strategic partnership with the Golden State Promise PAC to build a coordinated and complementary effort to defeat the #wealthtax
Press release here: https://t.co/Qx3SkAlh39
NEW ON SUBSTACK: The “Indirect Source Rule” in California: A Blank Check to Regulate Everyday Life—and Raise Prices for Everyone
https://t.co/ghFg05vGZm
Read the latest from Roundtable President @roblapsley on why we need to stop blaming data centers for higher electricity rates. https://t.co/yp6fZ9xYLS
Roundtable President @roblapsley joined Congressman @RepVinceFong in a guest opinion piece in today's @ocregister talking about the state's ongoing UI fund debt and the taxes all businesses are paying to pay off the state's debt https://t.co/2Mvv3axjpf
Assembly Bill 1157 would expand failed rent control policies and reduce housing for California's working families. We need real solutions to fix the #Affordability crisis. #NOonAB1157#Caleg
And on nonfarm #jobs specifically: Year to date, the preliminary November numbers show California essentially stagnant, with a loss of 7,500 jobs. Since January 2024, California has grown only 14,900 jobs, while the US as a whole has expanded by 2.5 million.
"When families feel like they can’t get ahead, it’s usually because the biggest line items in their budget are out of control: housing, energy, gasoline, food, and taxes. In California, all are extreme, and, in most cases, the highest in the nation." Read @roblapsley's latest
https://t.co/NmX8euqBaG
Statement from President @roblapsley on the passing of Congressman Doug LaMalfa: “On behalf of the California Business Roundtable, I extend our deepest condolences to the family and loved ones of Congressman Doug LaMalfa. His passing is a tremendous loss for California and the nation. Doug dedicated his life to public service and was a steadfast advocate for rural communities, agriculture, and the businesses that sustain California’s economy. He brought a strong work ethic, practical perspective, and deep commitment to his constituents to every role he served. Our thoughts are with the LaMalfa family and all those mourning the loss of a respected leader and public servant.”
Congratulations to Senator Monique Limón on being sworn in as Senate President pro Tempore. We look forward to working with Pro Tem Limon and her leadership team on policies to help grow our economy and make California affordable for future generations.
Non-disclosure agreements have no place in public policy debates. We are grateful for the leadership of now-Congressman @RepVinceFong and Assemblymember @AsmJoePatterson for fighting for this critically needed reform. With Governor Newsom's signing of the bill, important policy discussions will be forced into the daylight, not relegated to backrooms without public knowledge.
We are proud to join our colleagues at @CalTax in opposing #gerrymandering and supporting citizen-led redistricting efforts here in California and across the nation. Read our letter opposing #ACA8, #SB280, and #AB604 here
https://t.co/OOHyAbG5S7