Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a key U.S. interest rate in more than 40 years. After another dismal inflation report (see below), economists predict a full-percentage-point increase in the Fed’s benchmark…

Taxes are too high in California, but that doesn’t mean they can’t go higher. A bill now pending in Sacramento would create a new agency in Los Angeles County with the authority to invent new taxes, including parcel taxes, gross receipts taxes on businesses, document transfer taxes and various kinds of bond debt that would…

The Los Angeles City Council has unanimously approved adding a proposal to the November ballot which will dramatically increase transfer taxes in Los Angeles. Increase of Transfer Tax The proposed provision to the November ballot will increase the transfer tax on the sale of multimillion-dollar properties to allegedly help pay for housing local homeless people…