California Has $2 Billion In Unexpected Tax Revenue

Los Angeles TimesCalifornia has $2 billion in unexpected tax revenueLos Angeles TimesTax income has been outpacing forecasts — good news as Sacramento struggles with a $15-billion budget deficit. GOP leaders are already using it as fodder against Gov. Brown's proposed tax increases. Although an unexpected increase in tax revenue might ...Viewpoints: Republicans show courage in opposing Brown's tax extensionSacramento BeeCalifornia Budget: State Tax Revenue Already $2 Billion Above ForecastHuffington PostJerry Brown's Last StandNew York TimesBloomberg -Education Week News -Bellingham Heraldall 43 news articles »

Sections:  news   u.s.   
  • Owner of Mystic Pizza pleads guilty to tax charges
    The owner of the Mystic Pizza restaurant made famous in a 1988 movie has pleaded guilty to federal tax charges. More
  • Gov. Rick Scott’s anti-science purge begins: State employee banned for uttering ‘climate change’
    A Florida state employee has been reprimanded and told not to come to work after Gov. Rick Scott’s (R) administration banned the use of the terms “climate change” and “global warming.” Earlier this month, reports said that officials in the Scott administration ordered Florida Department of Environmental Protection (DEP) administrators not to use the terms in documents or meetings because they asserted that the climate science behind global warming was not a “true fact.” More
  • One flight closer to space tourism
    Virgin Galactic is one flight closer to becoming a commercial "spaceline." The company's passenger spacecraft, SpaceShipTwo, completed its first rocket-powered flight Monday morning above the Mojave Desert in California. More
  • Police confiscate 4-foot, 2-pound marijuana joint
    California police confiscated a mammoth joint during a 4/20 pot rally on Saturday, reports the Los Angeles Times. As the paper notes, hundreds of UC Santa Cruz students gather each year for the event, and each year campus police confiscate things like bongs and dime bags. More
  • On Marijuana Tax, Colorado Asks: What’s Too High?
    If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
  • California Supreme Court revives challenge to $1 toll increase at seven Bay Area bridges
    The cases hinges on whether the $1 toll increase is considered a tax or a fee — the same issue is at play in a case involving garbage collection in Oakland.
    10/14/2020 - 8:56 pm | View Link
  • California Supreme Court revives challenge to $1 toll increase at seven Bay Area bridges California
    The cases hinges on whether the $1 toll increase is considered a tax or a fee — the same issue is at play in case involving garbage collection in Oakland.
    10/14/2020 - 11:29 am | View Link
  • How the Green New Deal lit a fire under the GOP
    A growing number of Republican politicians are suddenly talking about climate change. Some of them have even introduced climate policy.
    10/13/2020 - 9:11 pm | View Link
  • California Resources Gets OK For $4B Debt-Swap Plan
    Law360 (October 13, 2020, 8:40 PM EDT) -- A Texas bankruptcy judge on Tuesday gave California-based energy company California Resources Corp. the go-ahead to swap more than $4.3 billion in debt ...
    10/13/2020 - 1:42 pm | View Link
  • Manitoba roundup: Latex, COVID-19 and half a billion dollars
    The Friday before any long weekend traditionally sees a plethora of government announcements, and Thanksgiving weekend was no exception.
    10/9/2020 - 5:28 am | View Link
  • More
  • CEO of Multibillion-dollar Software Company Indicted for ...
    A federal grand jury in San Francisco, California, returned a 39 count indictment charging Robert T. Brockman, the Chief Executive Officer of an Ohio-based software company, with tax evasion, wire fraud, money laundering, and other offenses, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Tax Division, U.S. Attorney David L. Anderson for the Northern District ...
    10/17/2020 - 6:55 am | View Website
  • Billionaire CEO of software company indicted for alleged ...
    Billionaire CEO of software company indicted for alleged $2 billion tax evasion schemes. Robert Brockman is being accused of running tax evasion schemes spanning across decades.
    10/16/2020 - 6:35 am | View Website
  • Why not examine billions in California tax breaks?
    The most recent estimate is that dozens of California tax breaks (known as “tax expenditures” in budget lingo) reduced state government general fund revenue by almost $73 billion in the fiscal year...
    10/14/2020 - 9:17 pm | View Website
  • The search for California's missing $2 billion in tax ...
    WANTED: ABOUT $2.7 BILLION IN MISSING MONEY Simply put, Newsom’s projections for tax revenues back in January missed the mark by almost $2.7 billion. I first wrote about this in mid-February,...
    10/14/2020 - 1:08 am | View Website
  • States See $31 Billion of Taxes Disappear Due to Covid ...
    U.S. states saw their tax revenue drop by about $31 billion, or 6%, from March through August, compared to the same period a year earlier, as the pandemic triggered economic shutdowns across the ...
    10/13/2020 - 5:51 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News