California taxes – California Globe

On the Naughty List Again: California Has Third-Worst Tax Climate in the U.S.

November 29, 2024 7:08 amNovember 29, 2024 7:17 am

Having one of the highest costs of living in the country, California’s tax climate is the third-worst in the country, AGAIN, ahead of only New Jersey and New York, the Tax Foundation recently reported. This is the 13th year California is...

Gov. Newsom’s Fib About California’s Highest-in-the-Nation Gas Prices

September 29, 2023 4:32 pmSeptember 30, 2023 7:30 am

Governor Gavin Newsom continues to blame evil oil companies for the high costs of gas and diesel in California, as well as blaming the petroleum industry for imposing a “mystery surcharge” on the state. The real culprits are the state’s...

Is It Time for a Federal Tax Conformity Bill in California?

January 28, 2023 3:06 pmJanuary 29, 2023 10:42 am

The tax laws of most states are an off-shoot of the federal tax laws contained in the Internal Revenue Code (IRC). In California, the general rule is that California only conforms to federal law as it was in effect on...

California Voters Approve Over $3.0 Billion Per Year in New Local Taxes

January 24, 2023 7:27 amJanuary 26, 2023 1:30 pm

When state ballot initiatives propose new taxes, it’s big news. This past November, voters rejected Proposition 30, which would have added another 1.75 percent tax on personal income above $2.0 million. The arguments for and against Prop. 30 were litigated in...

California Lost Double The Number Of Companies In 2021 Than Previous Year New Report Finds

November 3, 2022 8:37 pmNovember 3, 2022 8:40 pm

According to a new Stanford University Hoover Institution report released on Thursday, the rate at which companies have been leaving California has risen dramatically since 2018, with the 153 company headquarters relocations in 2021, more than doubling the 75 that...

More Businesses Leaving California In 2021 Than In Any Other Year Prior According To New Analysis

August 30, 2021 3:26 pmSeptember 1, 2021 11:40 am

A new analysis recently released by the Hoover Institution of Stanford University found that the number of businesses leaving California in 2021 has significantly picked up compared to the previous three years. According to the analysis, California has seen 265...

John Cox, Caitlyn Jenner Release First Recall Campaign Ads

May 4, 2021 11:06 am

Republican Recall candidates John Cox and Caitlyn Jenner released their first ads of their respective campaigns on Tuesday, with both candidates attacking Governor Gavin Newsom and state Democrats while also taking wildly different advertising approaches. John Cox, who lost the...