General Fund Revenue Will Be $2 Billion Higher Than Expected in 2014-15, Legislative Analyst Predicts
A November 19 Report by Legislative Analyst Mac Taylor predicts general fund revenue will significantly exceed original estimates.
The FTB announced that it plans to issue notices of proposed assessments this month to "numerous taxpayers" who claimed the senior exemption credit, but were not old enough to qualify.
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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.