A union-backed ballot measure is aimed at raising healthcare funding. But it faces opposition from Gov. Gavin Newsom.

TAX THE RICH — California, a state of billionaires, basketball stars and tech CEO’s, has long been synonymous with wealth and glamour. Next year, one of the defining questions on the 2026 ballot could ...

There are more than 200 billionaires in California. Now, Golden State labor leaders are pushing for tax on that wealth to ...

California has the highest state income tax rate in the nation for the wealthy – 13.3% for incomes of $1 million and above. But the state also has very progressive tax brackets, and studies have found ...

California billionaires would face a one-time 5% tax on their wealth through a ballot initiative that advocates say could ...

When California took its first breath of statehood in 1850, the fledgling state had to quickly find a way to support itself, ...

Francesca Wander, Karen Jacques, and Mary Steinert join a protest in Sacramento in May 2024 against a $24 “utility tax” that was approved despite their protests by the California Public Utilities ...

As of the end of October, California had $85.8 billion in unused borrowable resources. These resources come from internal funds outside the General Fund and are borrowable under state law ...

The California Office of Tax Appeals is seeking more guidance from the state attorney general on its powers to check the ...

SANTA ANA, Calif. -- The California Franchise Tax Board says a technical glitch error resulted in thousands of possibly incorrect refunds. As the FTB worked to review ...

LAST MINUTE ADVICE. MIKE AND BRADY, GOOD MORNING. IT’S A BUSY PLACE HERE AT THE FRANCHISE TAX BOARD. HUNDREDS OF PEOPLE ARE HERE AND THEY’RE OPENING UP, OPENING UP OLD SCHOOL, FILING TAX RETURNS. SO ...

California State Senator Ben Allen says Hollywood is showing signs of life again ... and he thinks Governor Gavin Newsom has ...