Posts by Annie

12 Apr

Property Tax, Property Tax Revenue

Property Tax Revenue Increased 7.1 Percent From 2022 to 2023, BOE Reports

• April 12, 2024
• By Annie

The value of assessed property in California increased 6.4 percent from January 1, 2022, to January 1, 2023, to reach $8.3 trillion, th...

Continue reading

05 Apr

California's Competitiveness

Bipartisan Group of Minnesota Lawmakers Considering Tax Incentive to Attract Data Centers

• April 5, 2024
• By Annie

“A bipartisan group of Minnesota lawmakers is considering a bill that would grant an up-front sales tax break for the construction of l...

Continue reading

15 Mar

California Taxes, CalTax Foundation

More Than $193.28 Billion a Year in Higher Taxes and Fees Under Consideration by Lawmakers

• March 15, 2024
• By Annie

California’s state lawmakers considered increasing taxes and fees more than $193.28 billion a year during the first two months of 2024,...

Continue reading

01 Mar

Waste, Fraud, & Mismanagement

Group Carried Out ‘Egregious’ Scheme to Defraud Taxpayers, San Francsico City Attorney Says

• March 1, 2024
• By Annie

San Francisco City Attorney David Chiu announced February 27 that city officials recently uncovered “an egregious and intentional schem...

Continue reading

16 Feb

Waste, Fraud, & Mismanagement

EDD Intercepts Tax Refund From Victims of Unemployment Insurance Fraud

• February 16, 2024
• By Annie

The Employment Development Department, which is responsible for administering the state’s unemployment insurance benefits, recently int...

Continue reading

02 Feb

Local Tax Elections, Local Taxes

March Ballots Include 77 Local Tax Measures

• February 2, 2024
• By Annie

When voters cast their ballots in the March 5 presidential primaries, they also will decide the fate of 77 local tax and bond measures ...

Continue reading

26 Jan

State Budget

Governor’s Proposal Would Limit Use of NOLs for All Tax Years, Budget Committee Told

• January 26, 2024
• By Annie

Governor Gavin Newsom’s budget proposal to increase business taxes by limiting the utilization of net operating loss deductions is more...

Continue reading

19 Jan

Public Opinion Poll

Only 13 Percent of California Voters Support Tax Increases, Poll Finds

• January 19, 2024
• By Annie

A majority of California’s registered voters favor spending reductions to address the state budget deficit, and only 13 percent support...

Continue reading

12 Jan

Unemployment Insurance

State’s UI Fund Debt Projected to Grow to $20.8 Billion

• January 12, 2024
• By Annie

California's unemployment insurance (UI) fund debt is projected to increase to $20.8 billion by the end of 2024 and continue growing in...

Continue reading

12 Jan

Commentary

New Year Brings Higher Taxes on California Employees and Employers

• January 16, 2024
• By Annie

By Gina Rodriquez, Principal, Ryan California’s state disability insurance (SDI) program — funded by a tax paid by employees through...

Continue reading