California’s Competitiveness

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...

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10 Jan

California's Competitiveness

Walgreens, Kohl’s and Macy’s Closing 31 Stores in California

January 10, 2025
By Annie

Californians will have 31 fewer places to shop this year, as Walgreens announced plans to close 12 stores in San Francisco, Kohl’s unve...

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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...

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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...

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27 Oct

California's Competitiveness

Manufacturing Company Moving California Operations to Mexico

October 27, 2023
By Annie

Leer Group, a company that manufactures pickup truck caps and covers, is shutting its Woodland facility and moving the work to Mexicali...

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17 Feb

California's Competitiveness

San Francisco’s Business Taxes Are Highest in the Bay Area by Far, Study Shows

August 8, 2023
By CalTax

“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.

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28 Oct

California's Competitiveness

California Has Third-Worst Business Tax Climate in the United States, Foundation Finds

August 8, 2023
By CalTax

The Golden State maintained its longstanding position of having a business tax climate that is worse than 47 other states, but better t...

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22 Jul

California's Competitiveness

California Electronics Repair Company Expands in Tennessee

August 8, 2023
By CalTax

Tennessee Governor Bill Lee announced that California-headquartered electronics repair company iFixit will establish an East Coast hub ...

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17 Jun

California's Competitiveness

Largest Employer in Vernon Leaving California Due to High Costs

August 8, 2023
By CalTax

The Farmer John plant, which is the largest employer in the city of Vernon, is set to close next year, KABC News reported June 10. Acc...

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29 Apr

California's Competitiveness

Orange County Manufacturing Company Moves Headquarters and Jobs to Tennessee

August 8, 2023
By CalTax

Kaiser Aluminum, a 76-year-old manufacturing company that had been based in Orange County, this month moved its headquarters and 70 exe...

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