December 7, 2023
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Tag: income tax

California Loses Another 817,000 Residents in 2022 to Other States

October 27, 2023   8:49 amOctober 27, 2023   8:49 am
In 2022, 817,000 Californians moved to other states. “The nation’s exemplar of liberal governance continued to shed residents at a dizzying pace in 2022, with 817,000 Golden Staters moving to other states — including 150,000 to red regions like Texas...
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Advocacy For a ‘National Divorce’ Heats Up Again

March 6, 2023   2:24 amMarch 6, 2023   11:00 pm
  Rep. Marjorie Taylor Greene (R-GA) is no shrinking wallflower. Elected in 2020 as a MAGA Republican, she has been an outspoke conspiracy advocate and a lightening rod for controversy. It is doubtful she has ever been accused of holding...
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Autumn R. Burke

Budget Trailer Bill on Tax Conformity

February 20, 2021   8:04 amFebruary 23, 2021   8:03 am
On February 17, Assembly Bill 80 was gutted and amended to be a budget trailer bill as part of the “early action” package and Assemblywoman Autumn Burke (D-Marina del Rey), was made the author of the bill. AB 80 would...
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California’s General Fund Relies on the Super Rich and Federal Bailouts

January 13, 2021   2:15 amJanuary 13, 2021   6:11 pm
One of the biggest reasons California’s technology moguls supported the Biden/Harris candidacy had nothing to do with ideology. It had to do with their pocketbooks. Because with a Californian presiding over the Senate, and a Californian Speaker of the House,...
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Should Last Summer’s Business Tax Hikes Be Curtailed?

January 11, 2021   12:16 pmJanuary 11, 2021   12:19 pm
Last June, the California Legislature passed the Governor’s proposals from his May Revise to raise $9 billion over three years by retroactively suspending the use of net operating losses (NOLs) for individuals and businesses, as well as retroactively capping the...
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California Has 2nd Worst Taxpayer ROI WalletHub Study Reports

March 24, 2020   7:20 am
With Tax Day on Americans minds, even with the federal government allowing taxpayers to defer payment without penalty due to the coronavirus pandemic, California just placed 49th – second to last – in Wallet Hub’s Return on Investment study of...
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With Tax Day Around the Corner, California Still Has Highest In the Nation Individual Income Tax Rates

February 10, 2020   7:38 amFebruary 12, 2020   8:32 am
With Californians preparing their state and federal taxes, it’s a challenge knowing that California’s 13.3% rate is the highest marginal tax rate in the nation. When you add in up to 37% federal taxes, living in California is expensive right...
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