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Posts by CalTax

state capitol
14 Aug
Legislative Update

Lawmakers Introduce Union-Backed ‘Wealth Tax,’ but Say it Won’t Advance

  • August 8, 2023
  • By author-avatar CalTax
Assembly Member Rob Bonta hosted a teleconference August 13 to unveil legislation to “establish a first-in-the-nation net worth tax” th...

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Mount Diablo and Highway 24
14 Aug
Property Tax, Property Tax Revenue

Property Tax Revenue Increases in Contra Costa County, as Assessed Values Hit Record High

  • August 8, 2023
  • By author-avatar CalTax
Contra Costa County will benefit from an increase in property tax dollars, as the assessed value of taxable property increased almost 5...

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Sacramento Capitol
07 Aug
Legislature

Committee Holds No-Vote Hearing on Proposed Tax Hike on Income Over $1 Million

  • August 8, 2023
  • By author-avatar CalTax
The Senate Governance and Finance Committee held a no-vote hearing August 3 on a union-backed proposal that would impose a large, retro...

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university of california seal
07 Aug
Office of Tax Appeals

UC Regents Participated in Donor’s Tax-Avoidance Scheme, OTA Rules

  • August 8, 2023
  • By author-avatar CalTax
The Office of Tax Appeals posted 143 opinions to its website this week, including one involving the University of California Board of R...

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100 Bill Burning
31 Jul
Waste, Fraud, & Mismanagement

State Receives Little Information on Billions Spent for Mental Health

  • August 8, 2023
  • By author-avatar CalTax
The state spends heavily on mental health care programs under the Lanterman-Petris-Short Act, but state officials lack sufficient infor...

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Increasing Tax Coin Graph
31 Jul
Personal Income Tax

Union-Backed ‘Millionaire’s Tax’ Introduced in Final Month of Session

  • August 8, 2023
  • By author-avatar CalTax
With just one month left in the two-year legislative session, a group of lawmakers this week introduced a union-backed proposal that wo...

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Aerial View of Residential Rooftops Los Angeles
24 Jul
State Board of Equalization

Assessor Warns of Residential Assessment Errors if Split-Roll Initiative Passes

  • August 8, 2023
  • By author-avatar CalTax
If voters approve Proposition 15 in November, residential property assessments are likely to become less accurate as assessors are forc...

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California Board of Registered Nursing
10 Jul
Waste, Fraud, & Mismanagement

State Board Attempts to Mislead Auditors and Falsify Data

  • August 8, 2023
  • By author-avatar CalTax
Executive at the Board of Registered Nursing (BRN) “violated state law when they falsified data to deceive the State Auditor’s Office,”...

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Property Tax
10 Jul
Property Tax

Property Tax Revenue Increasing Statewide, Assessment Roll Data Indicates

  • August 8, 2023
  • By author-avatar CalTax
It is likely that local governments throughout the state will enjoy increases in their property tax revenue, based on assessment roll d...

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sweetwaterhsd
26 Jun
Waste, Fraud, & Mismanagement

Audit Says Sweetwater School Leaders Engaged in Fraud

  • August 8, 2023
  • By author-avatar CalTax
San Diego’s Sweetwater Union High School District is back in the news, again for mismanagement of tax dollars. Superintendent Karen Jan...

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