Home » Posts tagged with » taxes (Page 3)

SALT Shakeup | So Much for “Their Fair Share”

SALT Shakeup | So Much for “Their Fair Share”

  by Thomas L. Knapp On August 23, the Internal Revenue Service announced new rules on the  federal income tax’s State and Local Tax deduction. The rules are intended to thwart an interesting scam several state governments worked up to “save” that deduction. It’s an interesting reversal of the two major parties’ usual talking points. […]

Camarillo | Tax Scam — Beware

Camarillo | Tax Scam — Beware

The Camarillo Police Department would like to warn the public about a current scam. Several residents have received phone calls from someone claiming they owe taxes and that if they  don’t  pay the taxes over the phone they will be arrested. This is a SCAM! This message and many others like it ultimately say that […]

CA Controller Publishes 2017 Salary Data for Special Districts

CA Controller Publishes 2017 Salary Data for Special Districts

SACRAMENTO — State Controller Betty T. Yee today updated her Government Compensation in California website to include 2017 self-reported data for special districts.  The data cover a total of 165,013 positions, $9.21 billion in wages, and $2.79 billion in health and retirement costs for 3,043 special districts. Users of the site can: View compensation levels […]

Port Hueneme Takes Tax Path of Least Resistance

Port Hueneme Takes Tax Path of Least Resistance

    By Tom Figg Earlier this month, the Port Hueneme City Council authorized placement of a 1-cent transaction and use tax on the November ballot by a 4-1 vote. I was the lone dissenter. If approved, the measure would increase Port Hueneme’s overall sales tax rate to the highest level within Ventura County. The […]

Port Hueneme City Council Votes to Place Local Funding Measure On November Ballot | Maintain Public Safety & Quality of Life Services

Port Hueneme City Council Votes to Place Local Funding Measure On November Ballot | Maintain Public Safety & Quality of Life Services

Port Hueneme, CA – The Port Hueneme City Council voted last night to place the Port Hueneme 911/Essential Services Measure for voter consideration on the November 2018 election. If enacted by voters, the measure would generate $1.8 million annually to support vital public safety and quality of life services. “We are pleased to place this […]

Yes, Carbon and Other Taxes Make Gas Ridiculously Expensive

Yes, Carbon and Other Taxes Make Gas Ridiculously Expensive

  . By Stephen Frank,  California Political News and Views Think gas is expensive in California today?  Wait till 1/1/2020 when cap and trade goes into effect the Sacramento starts the increase of 72 cents a gallon on gas.  At that point, you will see a mass exodus of middle class families from California, government transit, […]

High Taxes Killing California Recreational Marijuana Tax Collection

High Taxes Killing California Recreational Marijuana Tax Collection

By Chriss Street California expected state and local tax bonanza from legalizing recreational marijuana sales is drastically under-performing forecast due to a high tax burden. The California Department of Tax and Fee Administration reported that collection for the state’s first three months of legal sales that began on January 1, only produced $32 million of […]

Investors Entitled to Federal Preferential Tax Treatment Available on Certain Oxnard Land

Investors Entitled to Federal Preferential Tax Treatment Available on Certain Oxnard Land

Oxnard, California – Investors may be eligible for additional federal tax benefits if they invest in certain properties within the City of Oxnard. Three communities in Oxnard have recently been designated Qualified Opportunity Zones under the federal Tax Cuts and Jobs Act.  They include: Rose Park, located within the boundaries of 101 Freeway (North); Oxnard City […]

Signatures being gathered to put Anti-Tax Initiative on Ballot

Signatures being gathered to put Anti-Tax Initiative on Ballot

By Staff Currently local taxes can be raised by a simple majority.  A ballot initiative, purportedly backed by soda companies, may be on the California November ballot.  Signatures are being gathered.  It would set a new threshold of two thirds of local voters to raise taxes instead of a simple majority as it is now. […]

Why you may be paying more income tax than you should

Why you may be paying more income tax than you should

Youssef Benzarti, University of California, Los Angeles Springtime brings many things, from proverbial showers to birds chirping and warmer weather. It also signals tax season is upon us once more. Every year 140 million U.S. taxpayers spend countless hours gathering receipts and statements, filling out a variety of schedules and forms and submitting their 1040s […]