tax increase Archives - California Globe

Proposed Ballot Initiatives Raise Corporate Taxes to Pay For Climate Change Mitigation

November 16, 2021 2:22 amNovember 15, 2021 7:48 pm

Submitted to the California Attorney General in early November, two similar ballot measures (21-0037 and 21-0038) would address the reduction and mitigation of major sources of greenhouse gas emissions, paid for by major tax increases. Both measures have the same...

Proposed ‘Excise Tax’ Intentional Effort to Subvert the Will of California Voters?

February 22, 2021 4:42 pmFebruary 23, 2021 8:06 am

One of the newly proposed bills is Assembly Bill 1199 by Assemblyman Mike Gipson (D-Carson), to impose an annual excise tax for the privilege of renting or leasing out qualified property, as the Globe reported Friday. Our first reaction was this...

Excise Tax on CA Property Owners for Renting or Leasing Property in New Bill

February 19, 2021 6:54 amFebruary 19, 2021 6:56 am

On February 18, Assemblyman Mike Gipson (D-Carson) introduced Assembly Bill 1199, to impose an annual excise tax for the privilege of renting or leasing out qualified property. The bill would add Article 8 (commencing with Section 12280) to Chapter 3 of...

No More Second Home Mortgage Interest Deduction

February 18, 2021 6:15 amFebruary 18, 2021 6:28 am

Assemblyman Alex Lee (D-San Jose) introduced Assembly Bill 946 February 17, which would deny the deduction for a non-principal residence. The bill would amend Section 51342 of the Health and Safety Code and add Section 17226 to the Revenue and Taxation...

AB 71 Amended to add Tax Increases to Fund ‘Bring California Home Act’

January 13, 2021 3:53 pmJanuary 13, 2021 4:17 pm

Assembly Bill 71 was amended on January 12 to replace its intent language with dozens of pages of substantive amendments, including several major tax increase proposals. This article only examines the tax provisions of AB 71. The bill is jointly...

Former CAGOP Chairman, Taxpayers Assoc. Employee Mislead Voters on Prop. 19

October 26, 2020 1:24 pmOctober 28, 2020 10:59 am

Calling themselves “taxpayer advocates,” former Howard Jarvis Taxpayers Association Legislative Director David Wolfe, and former California Republican Party Chairman Jim Brulte have a radio spot running telling voters to vote YES on Proposition 19. David Wolfe is a former employee...

UPDATE: Court Rules on ‘Misleading if Not Outright False’ Voter Guide for Property Tax Measure

August 6, 2020 7:25 amAugust 6, 2020 3:12 pm

UPDATE 2:10pm: The Howard Jarvis Taxpayers Association just announced Thursday afternoon, they are appealing the decision a lower court made, which found the ballot title “misleading” in Proposition 15’s title and summary, but failed to take corrective action, allowing deceptive...