Tag "Taxes"
Back to homepageRoad repair bill would raise transportation taxes, fees
California motorists will each be paying an extra $900 over the next five years for road maintenance if Senate Bill 16 is approved by the Legislature and signed by Gov. Jerry Brown. But that $18.4 billion increase in transportation taxes
Read MoreBOE: New services tax could boost CA revenue by $122 billion
Placing a tax on business services in California has the potential to raise an additional $122.6 billion annually for state and local governments, according to a recent Board of Equalization study. A services tax could become a reality if Senate
Read MoreDespite record tax haul, legislators pursue further increases
With a big tax surplus flowing into state coffers, California shattered records last year with a historic haul dwarfing those of other large states around the country. This year, meanwhile, legislators planned still further increases. “During the 2013-14 fiscal year that ended last June,”
Read MoreCovered CA adds greater complexity to tax system
Tax time has become even more of a challenge under the Affordable Care Act, and in California, taxpayers have found matters especially difficult. Despite racking up relatively big successes in enrollment and implementation, the Covered California exchange has struggled in
Read MoreBOE 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
Read MoreCalifornia’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.
Read MoreTax 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
Read MoreTreasurer 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
Read MoreCA Dem vs. CA Dem on taxes
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
Read MoreBrown 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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