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Corporate Tax

A view of the California State Capitol in Sacramento, California. (Justin Sullivan/Getty Images)

California Lawmakers Reject Bill To Tie Corporate Tax Rate With CEO Pay

The state Senate on Wednesday rejected a bill that sought to tie California’s corporate tax rate to executive compensation in an effort to address the growing wealth gap.

05/28/2014

A view of the California State Capitol in Sacramento, California. (Justin Sullivan/Getty Images)

California Bill Would Punish Companies With Large Wage Gaps

A California effort to lead a national debate over the growing wage gap between CEOs and average workers took its first step in the state Legislature on Thursday with support from Democratic lawmakers, organized labor and former U.S. Labor Secretary Robert Reich.

04/24/2014

California Governor Jerry Brown (AP)

Calif. Republicans Denounce Gov. Brown’s Corporate Tax Proposal

Governor Jerry Brown wants California to adopt the same corporate tax policy that’s worked in Texas, Massachusetts and most of the states, but Republicans have denounced the proposal as just another tax increase that will hurt businesses.

CONNECT WITH KCBS–08/26/2011

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