Posts by CalTax

29 Oct

Waste, Fraud, & Mismanagement

Six-Mile BART Extension Is $4.4 Billion Over Budget

• August 8, 2023
• By CalTax

“Federal officials expect BART’s four-station extension in downtown San Jose could cost as much as $9.1 billion, or about $4.4 billion ...

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22 Oct

State Budget

Governor Projects ‘Historic Budget Surplus’ for Next Fiscal Year

• August 8, 2023
• By CalTax

The state government will have another “historic budget surplus” in the next fiscal year, Governor Gavin Newsom said October 20 durin...

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22 Oct

Elections, Local Tax Elections, Local Taxes

Santa Cruz Seeks to Convert General Tax Into Special Tax Without Two-Thirds Vote

• August 8, 2023
• By CalTax

A local measure on the November 2 ballot in Santa Cruz seeks to convert an existing general tax into a special tax – with 20 percent of...

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15 Oct

Initiative Update

Taxpayer Protection Act and Split-Rate Property Tax Hike Are Among Latest Initiatives Filed

• August 8, 2023
• By CalTax

The California Business Roundtable filed an initiative October 1 called the Taxpayer Protection Act – a proposal that would increase vo...

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15 Oct

Miscellaneous

More Than Half of Bay Area Residents Plan to Leave – and Taxes Are a Major Factor

• August 8, 2023
• By CalTax

More than half of the residents of the San Francisco Bay Area are considering moving out of the area permanently, and taxes are a major...

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01 Oct

Local Taxes

Fourteen Local Tax Measures Going Before Voters in November

• August 8, 2023
• By CalTax

Voters in 10 counties will decide the fate of 14 local tax measures November 2. If all of the measures are approved, it would represent...

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01 Oct

State Budget

Income Tax Withholding Collections in September Up 22.5 Percent From 2020

• August 8, 2023
• By CalTax

California’s revenue outlook continues to be very positive, the Legislative Analyst’s Office (LAO) reported, as personal income tax wit...

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24 Sep

Initiative Update

New Measures Propose Business Property Tax and Income Tax Increases

• August 8, 2023
• By CalTax

Two newly filed initiatives seek major tax increases – a property tax increase targeted at business property and an income tax increase...

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24 Sep

California's Competitiveness

Major Culinary Event Moves From California to Nevada

• August 8, 2023
• By CalTax

The Specialty Food Association, which hosts an annual winter food show, announced this week that it is moving its three-day 2022 event ...

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24 Sep

State Budget

Revenue Windfall Continues, Could Reach $25 Billion

• August 8, 2023
• By CalTax

The state’s tax revenue windfall could reach $25 billion by the end of the current fiscal year, the Legislative Analyst’s Office stated...

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