Tag: Taxes

CalChamber Urges Governor to Veto LA County Tax Increase Bill

A California Chamber of Commerce-opposed bill that would increase the cost of living in Los Angeles County and hurt working families is awaiting action...

Taxpayers’ Bill of Rights Public Hearing Scheduled for August 30

On August 30, the State Board of Equalization (BOE) will hold an annual public hearing on property taxes and the Alcoholic Beverage Tax to...

CalChamber Opposes Tax Increase Initiative

The California Chamber of Commerce Board of Directors has voted to oppose the California Tax on Income Above $2 Million for Zero-Emissions Vehicles and...

We’ve Reached Peak Budget

The Legislative Analyst has cried “last call” for the state budget bash. Even as the State Legislature enjoys the prospect of spending record budget surpluses, its...

CalChamber Releases 2022 Job Killer List

The California Chamber of Commerce today released the first wave of bills to be included on its 2022 job killer list. The preliminary list...

Gas Prices and the Gann Limit

Nothing shouts “cost of living” quite as loudly as gasoline prices in Los Angeles averaging $6.01 a gallon. Inflation has reached a 40-year high...

CalChamber Board Votes to Oppose Plastic Waste Reduction Regulations Initiative, Support Taxpayer Protection Ballot...

The California Chamber of Commerce Board of Directors last week voted to oppose the California Plastic Waste Reduction Regulations Initiative, which proposes a new...

Legislature Taking Up Governor’s Tax and Leave Proposals

The Legislature will take its first actions on Governor Newsom’s proposed 2022 budget and policy proposals next week, after negotiating a package deal to...

It’s Time to End 2020’s Emergency Tax Increases

In 2020 California passed a budget that reflected dire financial circumstances. A raging pandemic and shuttered economy led politicians and pundits to believe...

Clock Is Ticking On Legislative Action to Avert Employer Tax Increase

Like the rest of California society, employers are cautiously hopeful the worst of the pandemic has passed. The wreckage of human life, family health,...

Business Groups Urge Restoration of Tax Credits, Net Operating Loss Deduction

The California Chamber of Commerce and a coalition of business groups are urging state legislators to restore the net operating loss deduction and business...

Job Killer Bills to Watch Ahead of House of Origin Deadline

Four California Chamber of Commerce job killer bills await action in the legislature this week as Friday marks the last day that non-tax bills...

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...
Capitol Insider

2021 Job Killers – Capitol Insider

For the 21st consecutive year, CalChamber is releasing our Job Killer list that identifies pending legislation that will significantly harm California’s business climate if...

IRS Extends Federal Tax Filing Deadline, California Follows Suit

On March 17, 2021 the Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the...

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...

Policy Briefing – Tax Fatigue

(January 22, 2021) Moderated by Preston Young, CalChamber policy advocate, the briefing featured presentations by experts on state and local tax impacts, plus a study...

Still Awaiting Results from Billions in New Taxes for Homelessness, Lawmakers Want Businesses to...

It was only a year ago that Governor Gavin Newsom devoted his entire State-of-the-State address to the dual challenges of housing and homelessness, calling...

Prop. 15 Fails: Voters Reject Largest Tax Hike in California History

Proposition 15, the largest property tax increase in California history, was declared defeated yesterday evening by a margin of more than 550,000 votes. The defeat...