Tag "Taxes"

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BOE Study: Proposed tax on services would take in $122.6 billion

Just in time for Tax Day, the Board of Equalization issued a study requested by the Senate Committee on Governance and Finance estimating the revenue take from taxing untaxed services would be $122.6 billion. The study will become fodder in

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California’s income tax rate drives NFL players away

Last month on CalWatchdog.com, prompted by the efforts to build a Los Angeles football stadium and lure an NFL team, I wrote on how Proposition 13’s tax-vote provisions were influential in the moves and counter-moves on the stadium debate over public funding.

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Tax Foundation: CA has fourth-highest state taxes

The newest figures just released by the Tax Foundation show California continues to be one of the highest-taxes states in the country. According to “Facts & Figures 2015: How Does Your State Compare?” the Golden State now ranks fourth-highest for

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Treasurer Chiang talks taxes and the economy

  With the rising conversation about extending Proposition 30‘s temporary taxes, I asked state Treasurer John Chiang if he would advise that the taxes be continued. Chiang said a promise was made that the taxes would be temporary and circumstances would

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CA Dem vs. CA Dem on taxes 7

One-party systems are inherently unstable. People inevitably choose sides. And budget realities always limit what government can do, bringing conflict. So it’s not surprising Democrats in California, who dominate the minority Republicans despite some GOP gains last November, are fighting

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Brown talks taxes at budget press conference

  Reading Gov. Jerry Brown’s meaning on some issues, with or without a dictionary and history text, can be tricky. But it was worth looking for signals on tax issues at the governor’s Friday press conference introducing his record, $113 billion general-fund budget

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Message for CA: France dumps 75% income tax

Back two years ago when France jacked up its top income tax rate to 75 Percent, it was compared to California’s almost 52 percent rate (combined federal and state). The pro-tax New York Times said high-taxes didn’t drive away the

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Tax credit could cost taxpayers $1 billion 6

California now is considering a state-level Earned Income Tax Credit. That comes just in time for Jan. 27, the IRS’ EITC Awareness Day. (I am not making this up.) According to a study by the Legislative Analyst, requested by the

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Congress switches to dynamic scoring 6

This should have happened the last time Republicans took over all of Congress, in 1995. The new GOP majority is switching budget calculations to “dynamic scoring.” The L.A. Times reported: For years, leading GOP lawmakers have wanted to change the

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Oakland arts tax slams poor

With Californians increasingly being priced out of owning homes, what does progressive Oakland do? Make housing even more expensive. Reported the Chronicle: “The City Council passed a law this month that requires private developers to set aside 1 percent of

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