“San Francisco’s large companies are shouldering a tax burden that’s more than double that of the Bay Area city with the next-highest tax burden on big businesses – Oakland,” the San Francisco Business Times reported today, citing a new study by the Bay Area Council Economic Institute.
Seventy percent of Californians believe they are paying too much in state and local taxes, compared with 4 percent who say they are paying less than they should, according to a Public Policy Institute of California poll released February 2.
“In the ongoing saga of the $1.7 million toilet once planned for the Noe Valley Town Square, there’s some good news and some news that will turn your stomach,” San Francisco Chronicle columnist Heather Knight wrote January 21.
Governor Gavin Newsom this week unveiled his budget for the 2023-24 fiscal year, proposing total spending of $297 billion from all funds, down from $307.9 billion in the budget enacted last summer.
Glenn County’s court system has “multiple weaknesses and a lack of safeguards” in its oversight of purchases and payments, “putting the court at significant risk of inappropriate use of public funds,” the state auditor reported January 12.
In The Appeal of C. Hyatt, there appeared to be no dispute that the Franchise Tax Board seized more than $100,000 from the appellant’s bank accounts based on what turned out to be false claims that he owed taxes for the 2011, 2012, and 2013 tax years. The taxpayer can’t get the money back, however, because he waited too long to file a claim for refund, the OTA ruled.
