California has the highest state income tax rate in the nation for the wealthy – 13.3% for incomes of $1 million and above.

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

California’s richest residents could be slapped with a one-time 5% tax on their net worth if a new law makes it onto the ...

The Attorney General prepares the legal title and summary that is required to appear on initiative petitions. When the official language is complete, the Attorney General forwards it to the proponent ...

Proponents have filed a California ballot initiative proposing a one-time wealth tax on individuals with more than $1 billion ...

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 ...

Santa Clara County voters will vote on two ballot measures this week, the controversial Proposition 50 and a potential increase on the county sales taxes.

The California State Assembly unanimously voted on Monday to halt a slated 25% tax increase on the cannabis industry from going into effect on July 1. In a 74-0 vote, the Assembly approved AB564 by ...

As tensions escalate between California and the Trump administration over immigration, another potential battlefront is emerging over taxes. A donor state is one that provides more in taxes to the ...

The California High-Speed Rail Authority says it wants a sales tax exemption on in-state purchases, a first-ever move for the ...

The latest round of movie and TV tax credits is projected to keep thousands of good-paying jobs in California and boost the ...

The proposed “2026 Billionaire Tax Act" would impose a one-time 5% tax on California billionaires’ net worth to replace ...