Tag: Taxation
CalChamber-Opposed Bill Lowers Voter Threshold to Increase Property Taxes
A California Chamber of Commerce-opposed bill that lowers the voter threshold to increase local taxes, including property taxes, awaits action by the Assembly Appropriations...
CalChamber Releases 2023 Job Killer List
The California Chamber of Commerce yesterday released its 2023 job killer list which, to date, includes 13 bills dealing with labor and employment issues,...
CalChamber Releases 2023 Job Killer List
SACRAMENTO, CA — The California Chamber of Commerce today released its 2023 job killer list which, to date, includes 13 bills dealing with labor...
CalChamber Names AB 52 Manufacturing Tax Credit Expansion a Job Creator
Legislation providing an economic incentive for manufacturers to invest in and expand their production capabilities in California was named today as a job creator...
How ‘New Frontier’ Tax Will Hurt State Revenues
To the delight of the tax and spending lobby, Assemblymember Alex Lee (D-San Jose) has again introduced a tax on wealth. Inspired by government...
Job Killer Bills Seek Massive Tax Increase
Once again, pending legislation seeks to impose a massive tax increase upon all forms of personal property or wealth despite California having the highest...
Don’t Treat California as a ‘Luxury Good’
The Golden State has enjoyed as much prosperity and created as much wealth as any society on the planet.
Its economic output rivals Germany and...
Predictable Tax Structure Essential for Economic Stability
A tax system that allows employers to plan for the future is a key to a solid business environment, the California Chamber of Commerce...
Federal Inflation Reduction Bill: Impact on California
Given its size and economic diversity, California will both enjoy and suffer some major effects of the Inflation Reduction Act — approved Saturday by...
California Film & TV Tax Credit Program Generates $21.9B in Economic Output, 110,000 Jobs...
California’s Film and Television Tax Credit Program contributed almost $21.9 billion in economic output over five years and supported more than 110,000 total jobs...
CalChamber-Led Effort Results in Small Business COVID-19 Relief
An effort led by the California Chamber of Commerce with the support of a large coalition of allied groups has resulted in passage of...
CalChamber, Coalition Urge Congress to Reject Tax Increases on Businesses to Pay for Reconciliation...
A coalition of business groups, including the California Chamber of Commerce, is urging the California Congressional Delegation to reject proposals in Congress to increase...
Uncertainty Hurts R&D Investment That’s Key to State Competitiveness
California’s innovation-based economy pays economic dividends not only in our traditional technology hubs, but in every region of the state and in a wide...
CalChamber Commends Governor, Legislature for Providing Small Business Relief
The California Chamber of Commerce yesterday welcomed news that Governor Gavin Newsom signed into law a measure that will bring California into partial conformity...
CalChamber Commends Governor, Legislature for Providing Small Business Relief
The California Chamber of Commerce today issued the following statement in response to Governor Gavin Newsom's signature on AB 80 (Burke; D-Inglewood), a measure...
Legislators Urge End to Business Tax Increase: Restoration of NOL Deductions and Business Incentive...
A bipartisan group of 25 California Legislators led by Assemblymember Evan Low (D-Campbell) is urging Assembly Budget leadership to immediately end a tax increase...
California’s Challenge: Transforming Crisis to Opportunity
For much of our history, California was the land of opportunity because we were opportunistic. Whether by luck, agility or careful planning, we leveraged...
CalChamber Adds New Health Care and Taxation Policy Advocate
Preston R. Young joined the California Chamber of Commerce in October 2019 as a policy advocate, specializing in health care policy and taxation issues.
Young...
Multiple Entities Could Gain Power to Increase Property Taxes with Just 55% Vote of...
Hundreds of local special districts could gain the ability to increase property taxes with just a 55% majority vote if a proposed constitutional amendment...
Carbon-Based Sales Tax Study Bill to Be Considered in Senate Committee
A California Chamber of Commerce-opposed-unless-amended bill that will increase costs and place regulatory burdens on businesses is scheduled to be heard in the Senate...