Tag: Taxes

Loren Kaye

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...
Voting Box

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 Advocacy

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...
Loren Kaye

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...
CalChamber Advocacy

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...

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...

CalChamber-Opposed Bill Will Increase Frivolous Litigation Against California Businesses

A California Chamber of Commerce-opposed bill allowing the Attorney General and private attorneys to sue taxpayers for perceived tax errors will be considered by...
Loren Kaye

Robust State Budget, Key Programs Rely on Private Sector Success

Taxes continue to pour into the state treasury, like spring snowmelt into Lake Oroville. Thanks to the engine of California’s private economy – the...