Taxation
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...
Governor’s Recovery Plan Includes Stimulus Checks, Rent Relief
Governor Gavin Newsom began the week by announcing a plan to provide financial relief to millions of Californians.
The plan includes Golden State Stimulus payments...
CalChamber Commends Governor, Legislature for Providing Small Business Relief
The California Chamber of Commerce welcomed news last week that Governor Gavin Newsom signed into law a measure that will bring California into partial...
Job Killer Additions Increase Taxes, Labor/Employment Mandates
The California Chamber of Commerce this week added four bills to its annual list of job killer legislation. The additions bring the 2021 job...
Rising Payroll Taxes Coming to Shore Up California’s Pandemic-Depleted UI Fund
As the 2021 crop of legislation is coming into form and moving through legislative committees addressing a range of topics, one topic is conspicuously...
Legislators Urge End to Business Tax Increase
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...
