Taxation
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...
Film Tax, Manufacturing Tax Credit Bills Continue On
CalChamber recently released its eighth semi-annual California Chamber of Commerce Poll and the results were clear: two-thirds of voters believe the country is headed...
Bill Proposes New Tax Despite Huge State Surplus
Governor Gavin Newsom’s January budget proposal forecasted another historic surplus estimated to be approximately $45 billion. As 2022 marches on, that surplus continues to...
CalChamber-Led Effort Results in Small Business COVID-19 Relief
An effort led by the California Chamber of Commerce with the support of a large coalition of allied groups has resulted in passage of...
State Leaders Should Use Budget Surplus to Restore Tax Incentives, Repay UI Debt
Only 18 months ago, expecting a massive pandemic-induced collapse of economic activity, California finance officials predicted a staggering $54 billion state budget deficit. The...
Unemployment Fund Insolvency Will Lead to Payroll Tax Increases
With the legislative frenzy complete for the year, Sacramento’s policymakers are turning their eyes toward next year’s budget and their next round of legislative...
Legislative Action Can Avert Tax Hike on State Employers
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: Restore 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...
State Must Act Now to Pay Down Unemployment Insurance Debt
This pandemic created unprecedented unemployment, which was not only devastating to thousands of Californians and their families, but also drained the state’s unemployment insurance...
Uncertainty Hurts R&D Investment That’s Key to State Competitiveness
California’s innovation-based economy pays economic dividends not only in our traditional technology hubs, but in every region of the state and in a wide...
