Economy

IRS Highlights Tax Changes Affecting Small Businesses

The Internal Revenue Service is urging small business owners to learn about how the new tax law changes may affect them. The Tax Cuts and...

Study: One-Size-Fits-All Approach to Independent Contractors Ignores Value to California’s Economy

A wholesale reclassification of workers would have significant consequences for many different sectors in the state’s economy, according to a recent study by Beacon...

Economic Advisory Council: U.S Economic Expansion Continues, But Growth Surge May Be Temporary

Far from losing steam, the U.S. economy has been on a solid upswing lately. But as always, a deeper look at the data suggests...

Independent Contractor Coalition Continues Working for Legislative Solution

The effort to develop a proposal supporting the ability of workers to work independently will continue through the legislative recess. As many employers know, the...

High Court Ruling Raises Questions on Passage of Local Special Taxes

How many voters does it take to pass a local special tax? Since Proposition 13 in 1978, voters have had the final say on local...

Coalition Builds Support for Independent Workers

CalChamber-Led Effort The California Chamber of Commerce is leading a coalition of businesses and organizations in support of workers’ ability to work independently. Through its website...

Governor Signs Budget; Approves Three CalChamber-Supported Bills

Yesterday, Governor Edmund G. Brown Jr. signed his final budget, which included three California Chamber of Commerce-supported budget trailer bills that incorporated language from...

CalChamber Board Chair, Governor Address 93rd Annual Host Breakfast

Business, civic and legislative leaders gathered in Sacramento this morning for the 93rd annual Sacramento Host Breakfast featuring remarks from CalChamber Board Chair Terry...

CalChamber Joins Secretary of State in Unveiling Online Business Filing Tools

California Chamber of Commerce President and CEO Allan Zaremberg joined Secretary of State Alex Padilla at a CalChamber news conference on May 8 to...

Five CalChamber Members Creating Jobs with Help from Tax Credit

Five California Chamber of Commerce member companies have been selected by the Governor’s Office of Business and Economic Development (GO-Biz) as recipients of the...

CalChamber-Supported Regulatory Reform Bills Pass Committee

Three California Chamber of Commerce-supported regulatory reform bills passed the Assembly Accountability and Administrative Review Committee yesterday with bipartisan support. AB 2087 (Waldron; R-Escondido) enhances...

CalChamber Kills Targeted Tax Proposal in Assembly Committee

A California Chamber of Commerce-opposed job killer bill that would have imposed a tax on contractors for the privilege of doing business with the Department...

Federal Tax Reform Means More Business Taxes for California

California’s corporate tax base may increase by up to 12% as a result of federal tax reform legislation, according to a study recently released by...

U.S., State Economic Stability Contrasts with Turmoil on Social, Political Fronts

An array of evidence points to the fact that the California economy has been humming along nicely, and that is expected to continue in...
ship with containters

U.S. Commerce Report: California Maintains Position as Top Exporting State

The U.S. Department of Commerce now has 2017 trade statistics available through the International Trade Administration’s (ITA) “Trade Stats Express.” In 2017, California exported $171.9...

Seven Ballot Initiatives Threaten Business Climate

Voters may face as many as seven ballot measures damaging to California’s business and political climate in November. Any one of these measures should...

CalChamber, Linked Learning Alliance Launch New Network

The California Chamber of Commerce and the Linked Learning Alliance have launched a new California network of employer associations committed to advancing youth opportunities...
CalChamber in Court

Timely Economic Analysis of Major Regs Upheld in Unanimous Appeal Court Ruling

State agencies must take seriously the requirement to conduct a timely, accurate economic analysis of major regulations, according to a just-released opinion by the...

Coalition Stops Proposal to Force Trade Secret Reveals

The California Chamber of Commerce and a broad coalition of associations have blocked legislation that would have unfairly leveraged California companies into costly settlements...

This Economy Isn’t Helping All Californians. Here’s How We Can Spread the Wealth

California voters are anxious. The economy is growing, the state budget is balanced and drought worries have receded. Yet according to a recent CalChamber...