Taxation ROI

Published: 1/19/2017

Taxation ROI

In business, it’s all about the return on investment, or ROI. You want to make sure you’re getting a solid return on the investment in your business or an idea, which makes absolute sense. When it comes to taxation, this line blurs a bit…er…a lot. An article in the San Jose Mercury News notes that California is only second to New York in state and local taxes collected per citizen. When compared to the five most populous states, California trails in the number of teachers per student, police officers per crime, and firefighters per resident. This article calls into question what we get back from our state government…do you know because I don’t! Could it be that the state is overpaying for public services? No doubt says the Howard Jarvis Taxpayers Association. We are a giving group and have voted for state and local sales tax increases, with promises that the funds will go to schools and roads, but I think we’re all a bit tired of waiting for changes or improvements. It’s time to demand more. We aren’t just taxpayers, we are investors, and we need a return on our growing investment.

How about some good news? Well, our own Dr. Mary Sieu, Superintendent of the ABC Unified School District, is one of four finalists for the American Association of School Administrators’ National Superintendent of the Year. Dr. Sieu’s vision that “demographics do not determine destiny” has changed the lives of ABCUSD students and caught the eye of this national organization. You may not know, but Dr. Sieu is the daughter of Chinese immigrants, and she even lived in the back of a laundry service where her family worked. But if you’ve spent any time with her, you know that this small in stature lady can move mountains. We’ve seen it time and time again with what she’s done for the ABCUSD students. We share hearty congratulations to you for this recognition Dr. Sieu.

Have a great weekend and don’t forget to RSVP for next week’s Labor Law Update – where you get the latest info on all the new employment laws passed by the state legislature – and our newly renamed mixer – the 4 to 6 Mix – on Wednesday, February 28th at Lazy Dog Restaurant and Bar. It’s going to be a busy few months – hope you can join us!

Scott

scott

Scott Smith 
President/CEO 

Weekly Quote: If you find it in your heart to care for somebody else, you will have succeeded. Maya Angelou

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