It appears increasingly likely that Gov. Jerry Brown will have competition in November when he asks California voters to raise taxes.
California’s nonpartisan budget analyst is giving a more sober projection of tax revenue than the one contained in Gov. Jerry Brown’s proposal for the coming fiscal year, mostly because it forecasts less from personal income taxes.
A San Francisco man is facing federal tax charges in Florida in the latest indictment in a long-running investigation of tax evasion at Swiss bank UBS AG.
A bill making its way through the state Senate would let counties and school districts put local tax measures up for a popular vote.
Income tax revenue has exceeded state projections by $2 billion, and California’s deficit may shrink before Governor Jerry Brown submits his revised budget, state officials said.