16 May Assembly Revenue and Taxation Committee, California Taxes, California's Competitiveness, Legislative Update, State Budget State Should Reinstate R&D Credit and NOL Deduction, 23 Democratic Lawmakers Tell Governor May 16, 2025 By CalTax A group of 23 Democratic state lawmakers is urging Governor Gavin Newsom to reinstate the research-and-development tax credit and net o...Continue reading
09 May Local Tax Elections Voters Reject All School Parcel Taxes in May 6 Special Elections May 9, 2025 By CalTax All four school parcel tax measures on the ballot in May 6 special elections were rejected by voters, preliminary election results indi...Continue reading
02 May CDTFA CDTFA Releases Gas and Diesel Fuel Sales Tax Rates, but Excise Tax Rates to Be Announced Separately May 2, 2025 By CalTax The sales and use tax rates on gasoline, diesel fuel, and aircraft jet fuel will remain unchanged (at 2.25 percent, 13 percent, and 7.2...Continue reading
25 Apr Property Tax Revenue, Proposition 13, State Board of Equalization California Property Tax Revenue Increased $8.9 Billion in 2024, BOE Reports April 25, 2025 By CalTax California property tax revenue increased 7.1 percent from locally assessed property and 13 percent from state-assessed property in 202...Continue reading
29 Mar California's Competitiveness, Employment Development Department, Unemployment Insurance California’s Unemployment Rate Highest in the Nation as Job Losses Mount March 29, 2024 By CalTax California’s unemployment rate is the highest in the nation at 5.3 percent, with businesses reporting 3,400 job losses in February. Add...Continue reading
08 Mar California Taxes, Election Results, Local Tax Elections Voters Approved 38 of 79 Local Tax and Bond Measures, With Another 21 Still Too Close to Call March 15, 2024 By CalTax California voters approved 38 of the 79 local tax and bond measures on the March 5 ballot, while another 21 are too close to call based...Continue reading
23 Feb California Taxes, Public Opinion Poll, Waste, Fraud, & Mismanagement Poll Finds 91 Percent of Californians Believe State Government Wastes Tax Dollars February 23, 2024 By CalTax Asked if they think “the people in the state government waste a lot of the money we pay in taxes,” 91 percent of Californians said they...Continue reading
09 Feb California Taxes, Legislative Update Lawmaker Revives Effort to Create Single-Payer Healthcare Program in California February 9, 2024 By CalTax Assembly Member Ash Kalra announced February 7 that he is reviving his effort to create a single-payer healthcare program in California...Continue reading
05 Jan Year in Review Budget Deficit and High Cost of Living Threatened California’s Prosperity in 2023 January 5, 2024 By CalTax The past year will be remembered for the unraveling of the state budget after years of major spending growth, coupled with growing conc...Continue reading
15 Dec Courts Court Schedules February Hearing in Suit Over CDTFA’s Refusal to Issue Refund Ordered by the OTA December 15, 2023 By CalTax With a February 9 hearing scheduled by the Sacramento County Superior Court in a taxpayer’s suit challenging the California Department ...Continue reading