March 7, 2021
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Tag: income tax

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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Leaving California: Interviews With Californians Who Moved To Greener Pastures, Part VIII

September 30, 2019   2:57 pmOctober 1, 2019   7:01 am
What could possibly make someone leave sunny San Diego, California for a move to anywhere else in the United States? According to our latest interview on Leaving California, the climate — “California’s business climate.” Everyone is piling on California these...
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Leaving California: Interviews With Californians Who Moved To Greener Pastures, Part VII

August 28, 2019   7:26 pmSeptember 16, 2019   6:33 am
‘The stress level for running a business in Nevada is much lower.’   What could possibly make someone leave Fullerton, California for a move to Henderson, Nevada? According to our latest interview on Leaving California, “they wanted us.” Everyone is...
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