Golden State Promise and California Business Roundtable Announce Strategic Partnership for 2026 Election Cycle

Coordinated, complementary, and comprehensive effort to protect
California’s economy and address cost-of-living challenges
Broad Coalition Submits Signatures to Qualify the Local Taxpayer Protection Act for November Ballot

Business and taxpayer advocates turn in more than 1.3 million signatures, say measure reaffirms voters’ will and protects Californians from higher local taxes amid cost-of-living crisis
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.