California has the highest state income tax rate in the nation for the wealthy – 13.3% for incomes of $1 million and above.

The proposed “2026 Billionaire Tax Act" would impose a one-time 5% tax on California billionaires’ net worth to replace ...

Proponents have filed a California ballot initiative proposing a one-time wealth tax on individuals with more than $1 billion ...

California’s richest residents could be slapped with a one-time 5% tax on their net worth if a new law makes it onto the ...

The California State Assembly unanimously voted on Monday to halt a slated 25% tax increase on the cannabis industry from going into effect on July 1. In a 74-0 vote, the Assembly approved AB564 by ...

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.

As tensions escalate between California and the Trump administration over immigration, another potential battlefront is emerging over taxes. A donor state is one that provides more in taxes to the ...

SANTA ANA, California -- The California Franchise Tax Board says a technical glitch error resulted in thousands of possibly incorrect refunds. As the FTB worked to ...

The latest round of movie and TV tax credits is projected to keep thousands of good-paying jobs in California and boost the ...

The California High-Speed Rail Authority says it wants a sales tax exemption on in-state purchases, a first-ever move for the project that could tighten timelines and save money but also mean fewer ...

California billionaires would face a one-time 5% tax on their wealth through a ballot initiative that advocates say could ...