
One of the world’s richest regions has some of its starkest divides, with its top 10% of households holding two-thirds of its wealth, according to a new study of Santa Clara and San Mateo counties.
Read More 6San Jose Inside (https://www.sanjoseinside.com)
Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Silicon Valley's Mark Zuckerberg, Brian Acton and Dustin Moskovitz see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.
Read More 3Building more emergency housing, adding more cops on the streets, expanding neighborhood cleanups and speeding up the permit process are key recommendations from advisory committees created last month by San Jose Mayor Matt Mahan. The mayor’s office today announced the recommendations released by the five “transition committees” he launched in January identifying approaches to solve what he calls the city’s most significant challenges. They are to be presented to the City Council Tuesday.
Read More 4The city of Santa Clara ended a lengthy search when it hired a new city manager this week. The City Council voted 4-1 to appoint Jovan Grogan to fill the vacancy left by the previous city manager, Deanna Santana, who was fired last year. Grogan, who is currently the city manager of San Bruno, will start his new position in Santa Clara on May 1.
Read More 2One in 10 state lawmakers is related by blood or marriage to other legislators past and present. State Sen. Dave Cortese, a Campbell Democrat, is one of these, who has benefited from name recognition: His father, Dominic, served on the Santa Clara County Board of Supervisors before nabbing a seat in the Assembly.
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