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Tag: Governor Brown

JAE C. HONGAP

Brown Not Cutting Oil Industry Water Use because of Tax Collection

Governor Jerry Brown signed an executive order Wednesday implementing California’s first-ever mandatory water restrictions that require cities and towns to cut their water usage by 25 percent over the next nine months. But Brown will not cut oil company water use for fracking because the industry pays over $20 billion in state and local taxes.

Covered California

CalPERS Could Owe Obamacare $770 Million in “Cadillac Tax’

California government entities and their unions are panicking because Obamacare’s punitive 40% “Cadillac Tax” beginning in 2018 will directly hit the low-deductible and broad-provider network type of “platinum” healthcare coverage that public employees have enjoyed under the California Public Employee Retirement System (CalPERS).