sales tax Archives - California Globe

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...

California’s Economy is in Free Fall: Cities Hike Minimum Wage as Economy Falters

April 9, 2020 2:36 amApril 10, 2020 9:50 am

Until further notice, California’s economy is in free fall. As of April 6, California’s Employment Development Department reported receiving 1.9 million new unemployment insurance claims within barely three weeks. As reported in the San Jose Mercury, during the entire 2008 Great...

Suggested Executive Orders for Gov. Gavin Newsom

April 8, 2020 2:12 amApril 7, 2020 8:10 pm

‘It is time for them to either stand up for all of California’s workers, or admit the truth at last, that they are the party of privilege and wealth.’ Without criticizing the tremendous efforts that are already being made,...

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...

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...

Local Sacramento Politicians Propose 40-Year Climate Change Sales Tax

December 2, 2019 1:51 pm

‘Only talking about roads is a bygone era and we have to evolve beyond that.’ A group of city and county politicians is working on a November 2020 ballot measure to increase the local sales tax another half cent,...

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

July 18, 2019 7:26 amJuly 19, 2019 10:32 am

Everyone is piling on California these days, and for many valid reasons. California is always ranked as one of the worst states in the country in which to run a business, while many other states are ranked at the top...