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...
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...
‘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,...
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 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...
‘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,...
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...