By CalTax Chief Tax Consultant David R. Doerr.
Ten years after voters approved $400 million in state general obligation bonds for parks, most of the money remains unspent and 68 projects remain dormant.
Amid questions of whether the speculative cap-and-trade auction market has burst, lawmakers this week announced that within two weeks, both houses will put forward plans to spend more than $1 billion in undedicated cap-and-trade auction revenue that has been unspent since 2015.
Los Angeles County Raises Threshold for Business Personal Property Assessments, Giving Tax Relief to Some Small Businesses
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The California Taxpayers Association is a nonpartisan, nonprofit organization founded in 1926 to protect taxpayers from unnecessary taxes and to promote government efficiency. We serve our members through research and advocacy on significant tax and spending issues in the legislative, executive and judicial branches of government.