We take a look at all the new taxes
Californians are now paying, thanks to the passage of Prop 30. How does it
affect your pocketbook, and the state's economy as a whole? Is it good to shore
up the state's finances? Or better to unleash job creating entrepreneurs? You
decide!
PART ONE: We voted for Prop 30,
which was a big win for Governor Brown. But are some of us now regretting it?
Tonight, we look at the benefits and costs of raising taxes in these shaky
economic times. Ed Laskos and our "Saving the California Dream"
producer Heidi Cuda discuss the issues with our Fox 11 Financial
Analyst Neeraj Chaudhary and Joel Fox, President of the Small Business Action
Committee.
PART TWO: Golfer Phil Mickelson hit
into the rough when he complained about California's higher taxes. He was
criticized, but did he have a point? Some people aren't happy that he
apologized for his comments.
PART THREE: A new ruling means
thousands of California businesses will have to pay back taxes on several years
of capital gains deductions that a no longer allowed. Now many small business
owners are being socked with a huge tax bill they were not expecting.
PART FOUR: Dueling Governors Jerry
Brown and Rick Perry are at it again. Perry is trying to convince California
business owners to move to Texas and Governor Brown isn't happy about it. See
what Brown has to say about Perry's latest attack on our state.
Thursday, June 20 2013 9:26 AM EDT2013-06-20 13:26:55 GMT
The actor James Gandolfini, best known for his award-winning portrayal of New Jersey mobster Tony Soprano in the HBO series "The Sopranos," has died in Italy. He was 51.
The actor James Gandolfini, best known for his award-winning portrayal of New Jersey mobster Tony Soprano in the HBO series "The Sopranos," has died in Italy. He was 51.
Thursday, June 20 2013 8:45 AM EDT2013-06-20 12:45:07 GMT
Stamford police say they've arrested a 12-year-old suspected gang member in connection with the beating and robbery of a 39-year-old man earlier this month.
Stamford police say they've arrested a 12-year-old suspected gang member in connection with the beating and robbery of a 39-year-old man earlier this month.
Thursday, June 20 2013 8:34 AM EDT2013-06-20 12:34:08 GMT
Joe Torre's daughter caught a 1-year-old boy who fell from a fire escape outside a second-floor apartment in the Bay Ridge section of Brooklyn Wednesday morning.
Joe Torre's daughter caught a 1-year-old boy who fell from a fire escape outside a second-floor apartment in the Bay Ridge section of Brooklyn Wednesday morning.
Thursday, June 20 2013 8:30 AM EDT2013-06-20 12:30:09 GMT
A northern New Jersey town has reinstated its volunteer fire department days after suspending it because a teen was accused of molesting a firefighter's 3-year-old son behind a fire truck.
A northern New Jersey town has reinstated its volunteer fire department days after suspending it because a teen was accused of molesting a firefighter's 3-year-old son behind a fire truck.
Thursday, June 20 2013 6:10 AM EDT2013-06-20 10:10:08 GMT
The driver of the vehicle that left several people injured and a trail of destruction in the area of 2nd Avenue and East 4th Street in the East Village has been arrested.
The driver of the vehicle that left several people injured and a trail of destruction in the area of 2nd Avenue and East 4th Street in the East Village has been arrested.
New York state and Eastman Kodak Co. have reached a deal that will keep some of the troubled company's operations in Rochester and provide $49 million for environmental cleanup at the once bustling Eastman...
New York state and Eastman Kodak Co. have reached a deal that will keep some of the troubled company's operations in Rochester and provide $49 million for environmental cleanup at the once bustling Eastman Business Park.
Wednesday, June 19 2013 6:51 PM EDT2013-06-19 22:51:22 GMT
Franklin Reyes, 17, was in court Wednesday. He is charged with the death of 4-year-old Ariel Russo.
Franklin Reyes, 17, was in court Wednesday. He is charged with the death of 4-year-old Ariel Russo. He is accused of driving without a license, then fleeing police, jumping a curb, and hitting Ariel and her grandmother as they were walking to school.
