Join Our Membership

THE GREAT SIBTF CON: How One Bogus Study Set Up a Taxpayer Bailout

January 13, 2026 — An explosive investigation by The Jacobi Journal has exposed the RAND Corporation’s 2024 report on California’s Subsequent Injuries Benefits Trust Fund (SIBTF) as a financial and political controversy. By overstating the fund’s liability by an estimated $6.75 billion—a 632% error—RAND’s report helped manufacture a fake “crisis” that would have quietly moved […]

Must Read

Capital Gains Revenue Dependence Raises Fiscal Concerns

California’s budget continues to rely heavily on personal income tax collections, with a significant share generated from high-income taxpayers who report investment income. As financial markets fluctuate and economic conditions evolve, economists continue expressing concerns that the state’s dependence on Capital Gains tax revenue creates ongoing fiscal uncertainty. Unlike wages or other recurring income sources, […]

Solar Exclusion Expiration: California Property Tax Changes Coming in 2026

California has encouraged renewable energy investments for years through policies designed to support homeowners and businesses installing qualifying solar energy systems. One of the most significant incentives has been the Solar Exclusion, which generally allows qualifying active solar energy systems to be excluded from property tax assessments. As the scheduled expiration of this exclusion approaches […]

Tax Nexus Rules in California: Understanding Remote Work Compliance in 2026

Remote work continues to reshape how businesses operate throughout California and across the United States. While flexible work arrangements have become a permanent feature for many employers, they have also introduced complex tax compliance responsibilities. One of the most important concepts affecting companies today is Tax Nexus, particularly when employees perform their jobs from locations […]

Corporate Tax Reform Discussions Continue in Sacramento

California lawmakers and policy analysts continue to examine Corporate Tax reform as part of broader discussions about state revenue stability and long-term economic competitiveness. The ongoing debate in Sacramento reflects concerns about balancing reliable public funding with a business tax structure that supports investment and job growth. The current Corporate Tax framework in California plays […]

Managed Care Organization Tax Continues Budget Debate in California

California’s healthcare funding system continues to face close scrutiny as policymakers debate the role of the MCO Tax in supporting Medi-Cal and broader state budget priorities. The Managed Care Organization tax remains a significant revenue source for California’s healthcare financing structure, making it a recurring topic in legislative and fiscal discussions. The MCO Tax is […]