A union-backed ballot measure is aimed at raising healthcare funding. But it faces opposition from Gov. Gavin Newsom.
In this article, I outline California's proposed 2026 Billionaire Tax Act — a proposed 5% tax on 200 billionaires — and ...
The proposed “2026 Billionaire Tax Act" would impose a one-time 5% tax on California billionaires’ net worth to replace billions in lost federal funding for the state's Medicaid program.
California has the highest state income tax rate in the nation for the wealthy – 13.3% for incomes of $1 million and above.
California’s early taxes were disproportionate to population and wealth, and in 1870 the state created the State Board of ...
Francesca Wander, Karen Jacques, and Mary Steinert join a protest in Sacramento in May 2024 against a $24 “utility tax” that was approved despite their protests by the California Public Utilities ...
The California Office of Tax Appeals is seeking more guidance from the state attorney general on its powers to check the ...
Unions and Howard Jarvis Taxpayers Association are pushing three measures for 2026 ballot with wildly different tax ...
2don MSNOpinion
Will California tax its billionaires?
Now, Golden State labor leaders are pushing for tax on that wealth to help pay for education and Medicaid funding shortfalls.
California is known for its beautiful coastlines and PCH not its low taxes. How will your Social Security be taxed in retirement. If you want to retire in or to California, you may wonder how ...
California just lowered its cannabis tax from 19% to 15%, to keep people buying on the legal market. But youth groups and drug-prevention programs that get much of that tax revenue are concerned.
California billionaires would face a one-time 5% tax on their wealth through a ballot initiative that advocates say could ...
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