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Taxes

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Study Shows Rising Income Inequality Slows Tax Revenue Growth In California, Prompting Higher Tax Rate

SACRAMENTO (AP) — Rising income inequality has led to slowing tax revenue growth in California, but the state has responded by increasing its top marginal tax rate, causing its growth rate to accelerate after 2009, […]

24 hours ago

Artist rendering of the Grand Hall of the new Transbay Transit Center in downtown San Francisco. This will replace the current bus terminal at First and Mission Streets with a multi-model transit center serving eleven transportation systems. (transbaycenter.org)

Phil Matier: San Francisco Developers Renege On Paying Special Tax For Transbay Terminal, Caltrain Extension

The San Francisco Board Of Supervisors are meeting Tuesday to create a special tax district around the Transbay Terminal to cover the cost of its reconstruction including the Caltrain extension. Downtown developers had earlier promised to pay in, they are now lobbying, and threatening a lawsuit claiming the amounts are too excessive due to soaring property values.

09/09/2014

Tax-Related Identity Theft: The Importance Of Protecting Your Social Security Number

With your social security number, criminals can open accounts in your name, potentially leaving you stuck with fraudulent charges.

09/08/2014

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Silicon Valley’s Transportation Tax For Alleviating Traffic Remains Gridlocked

Traffic relief in Silicon Valley will have to wait now that a half cent transportation tax has been delayed until the 2016 election.

06/18/2014

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

Soda vending machine (PAUL J.RICHARDS/AFP/Getty Images)

Health Experts: Soda Tax Would Compel Behavior Changes In Low–Income Neighborhoods

Health experts addressed San Francisco’s Board of Supervisors this week to say a soda tax would compel changes in behavior in low-income neighborhoods and minority communities.

05/23/2014

A sign outside of a Google office in Mountain View, California. (Justin Sullivan/Getty Images)

Over 100 Protest Google’s Shareholder Meeting In Mountain View

Anti-eviction activists, a group of Google investors, and a group led by Reverend Jesse Jackson are holding protests outside Google’s headquarters in Mountain View.

05/14/2014

Oakland Police Department patrol car. (Photo by Justin Sullivan/Getty Images)

KPIX 5 Poll: Oakland Residents Say Not Enough Officers But Oppose Higher Parcel Taxes For Police

While more than three quarters of Oakland residents said there is not enough police, they are also wary about raising parcel taxes to pay for more officers, according to a new KPIX 5 / SurveyUSA poll released Wednesday.

05/07/2014

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Pay-By-Mile Floated As Alternative To Gas Tax For California Drivers

The California Legislature is looking at a voluntary program that would eliminate the state’s gas tax, which is currently 2nd highest in the nation at 52.9 cents per gallon. Instead, drivers would be subject to a tax based on vehicle miles traveled of a VMT tax.

05/06/2014

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

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