California income tax Archives

Recall Candidate John Cox Announces $30 Billion Tax Cut Proposal

August 7, 2021 7:50 am

Recall candidate and 2018 GOP gubernatorial candidate John Cox announced his $30 billion tax cut proposal on Thursday following a preview of his plan during Wednesday’s recall candidate debate. According to Cox, income tax in the state would be cut...

Former San Diego Mayor, Recall Candidate Kevin Faulconer Proposes 0% Marginal Income Tax Rate

May 13, 2021 11:30 amMay 13, 2021 11:34 am

Former San Diego Mayor and recall candidate for Governor Kevin Faulconer announced a proposal on Wednesday to drastically cut the state income tax in California. Speaking at a campaign event in the LA suburb of Downey, Faulconer proposed an end...

Deja Vu: Another Wealth Tax Bill Introduced in Assembly to Combat Homelessness

December 11, 2020 2:38 pmDecember 23, 2020 8:07 am

A new bill was introduced in the Assembly this week that would simultaneously increase corporate taxes, raise income taxes on citizens making over $1 million a year, and eliminate corporate tax “loopholes.” Assembly Bill 71, jointly authored by Assembly members...