25 Mar Legislative Update Governor and Democratic Leaders Propose Dueling Fueling Rebates August 8, 2023 By CalTax Two more tax “rebates” were introduced in the past seven days in response to rising fuel prices, and a related tax-relief proposal was ...Continue reading
18 Mar Legislative Update Single-Payer Healthcare Would Cost Up to $552 Billion a Year, Analyst Finds August 8, 2023 By CalTax The government-run “single-payer” healthcare program defeated earlier this year in the Assembly would cost $449 billion to $552 billion...Continue reading
18 Feb Legislative Update New Wealth Tax Introduced Just Ahead of Deadline August 8, 2023 By CalTax Just ahead of the February 18 deadline for introducing bills in the 2021-22 legislative session, Assembly Member Alex Lee reintroduced ...Continue reading
11 Feb Legislative Update, Legislature, State Legislature Senator Caballero Is New Tax Policy Committee Chair August 8, 2023 By CalTax Senator Anna Caballero, a Democrat who represents a district in Merced, has been named chair of the Senate Governance and Finance Commi...Continue reading
04 Feb Legislative Update Single-Payer Healthcare Bill Is Withdrawn Due to Opposition August 8, 2023 By CalTax The Assembly was poised to vote January 31 on AB 1400 (Kalra), a bill proposing a government-run healthcare program that would cost tax...Continue reading
21 Jan Legislative Update Single-Payer Healthcare Bill Advances as Deadline Looms August 8, 2023 By CalTax The Assembly Appropriations Committee voted 11-3 on January 20 to approve AB 1400 (Kalra), proposing a government-run healthcare progra...Continue reading
26 Mar Legislative Update Another Income Tax Increase Is Proposed August 8, 2023 By CalTax A group of lawmakers this week proposed a union-backed personal income tax increase on California’s highest earners, with a top rate as...Continue reading
19 Mar Legislative Update Lawmakers Propose Wealth Tax and PIT Increase August 8, 2023 By CalTax State lawmakers proposed two major tax increases this week: a wealth tax targeting Californians with a net worth above $50 million and ...Continue reading
18 Sep Legislative Update Governor Signs Two CalTax-Supported Bills August 8, 2023 By CalTax Governor Gavin Newsom this month signed two CalTax-supported bills that provide selective conformity to the federal Coronavirus Aid, Re...Continue reading
14 Aug Legislative Update Lawmakers Introduce Union-Backed ‘Wealth Tax,’ but Say it Won’t Advance August 8, 2023 By CalTax Assembly Member Rob Bonta hosted a teleconference August 13 to unveil legislation to “establish a first-in-the-nation net worth tax” th...Continue reading