California has the highest state income tax rate in the nation for the wealthy – 13.3% for incomes of $1 million and above.
California billionaires would face a one-time 5% tax on their wealth through a ballot initiative that advocates say could bring in about $100 billion to cover state health-care costs.
Proponents have filed a California ballot initiative proposing a one-time wealth tax on individuals with more than $1 billion ...
SACRAMENTO, Calif. (AP) — A major union announced a proposal Thursday to impose a one-time 5% tax on billionaires in California to address federal funding cuts to health care for low-income people.
The initiative is a direct response to President Donald Trump’s sweeping tax and spending cuts law enacted earlier this year.
Shasta County supervisors voted 3-2 on Thursday to back a state assembly resolution seeking to divide California's coastal ...
Santa Clara County voters will vote on two ballot measures this week, the controversial Proposition 50 and a potential increase on the county sales taxes.
SACRAMENTO, Calif. — Open enrollment for Covered California is now underway — but as the federal government shutdown drags ...
October 31, 2025 - SACRAMENTO, Calif. — Covered California is kicking off its open-enrollment period for 2026 coverage on Nov ...
California is known for its beautiful coastlines and PCH not its low taxes. How will your Social Security be taxed in retirement. If you want to retire in or to California, you may wonder how ...
The latest round of movie and TV tax credits is projected to keep thousands of good-paying jobs in California and boost the state’s economy by $1. 4 billion.
The proposed “2026 Billionaire Tax Act" would impose a one-time 5% tax on California billionaires’ net worth to replace ...
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