Tag: Taxes
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...
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...
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...
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...
Vote No on Prop 15: 30 Newspapers Across California Reject Prop 15
In a show of force, 30 newspapers across California have urged their readers to vote no on Proposition 15, the $12.5 billion-a-year property tax...
The People’s Voice: Coronavirus Edition
California voters are understandably anxious about the health and economic crises facing families and workplaces. The California Chamber of Commerce commissioned a brief survey...
How to Sabotage a Recovery: Raise Taxes
Even before COVID-19, many Californians were struggling with the high cost of living here. The long-time willingness of many Californians to pay the “sunshine...
New Job Killer Bill Increases Taxes on Small Business During Economic Crisis
A bill that will impose a massive retroactive tax increase on California’s small businesses and taxpayers has been added to the California Chamber of...
Governor Newsom Signs Executive Order to Help Small Business During Crisis
Yesterday, Governor Gavin Newsom signed an executive order that will provide some relief for small businesses struggling during the COVID-19 crisis.
The Governor's executive order ...
CalChamber, Coalition Raise Concerns Over Efforts to Impose a Sales Tax on Services
A broad coalition that includes the California Chamber of Commerce, small businesses, and taxpayers yesterday announced the formation of the California Tax and Budget...