Special Report: A Closer Look at Corporate Taxes: What Does Business Really Pay?
As California slips further into long-term structural deficits and years of overspending catch up with policymakers, new and recycled tax increase discussions have begun once again.
New on Substack: What Businesses Really Pay in California
In his most recent Substack article, California Business Roundtable President Rob Lapsley pushes back against ongoing inaccurate reports that corporations don’t pay their “fair share” of taxes in California.
Full July 2025 Jobs Report
In July, the preliminary estimate for nonfarm jobs shows a gain of 15,000. Combined with the downward adjustment to the June estimate, California shows a total loss of 9,700 nonfarm jobs to date in 2025 or essentially a continuation of the state’s job stagnation over the past two years.
California Energy Price Data for July 2025
California’s by-now secured position with the highest electricity costs appears to be an overlooked consideration in the most recent round of self-congratulations among the state’s leadership on the state’s increasing use of renewable generation sources.
California Trade Report for June 2025
Trade statistics in June again were buffeted by tariff policy shifts, with the latest deadline for tariff agreements now set for August 7.
CBRT: President Trump’s Executive Order Opening 401(k)s to Private Markets Will Level the Playing Field for Working Families
Today, the California Business Roundtable indicated their support to expand access to private investments in 401(k) accounts.
State’s Progress on Zero-Emission Vehicles (ZEV) Sales: 2025:Q2 Results
In the latest report from California New Car Dealers Association (CNCDA), zero emission vehicle (ZEV) registrations posted a decline for the third quarter in a row.
Fueling Higher Costs: What California’s New Regulations Mean for You
President Rob Lapsley recently released a Substack analyzing California’s increased fuel tax and environmental regulations.
California Energy Price Data for June 2025
California average prices for commercial and industrial natural gas worsened compared to the other contiguous states, while the other rankings were unchanged. California again had the highest costs (12-month moving average) for all end user electricity rates, gasoline, and diesel.
California Energy Price Data for May 2025
The trade statistics in May once again reflect more shifts in policy around tariffs rather than economic fundamentals.