For Housing California’s annual conference, Director of Research Scott Graves participated in a workshop on a proposed ballot initiative to reform California’s property tax system (Schools & Communities First).
You may also be interested in the following resources:
Corporations Pay Far Less of Their California Income in State Taxes than a Generation AgoCalling California home means sharing in the responsibility of creating strong communities. Yet, corporations are contributing roughly half as much of their California profits in state taxes than four decades ago. In the early 1980s, corporations that reported profits in California paid more than 9.5% of this income in state corporation taxes. In contrast, corporations … ContinuedTaxes & Revenue
California Loses Nearly $70 Billion Annually Through Tax BreaksCalifornia will lose an estimated $69.2 billion in state General Fund revenues in 2021-22 to personal and corporate income tax breaks — or “tax expenditures.” Many of the state’s largest tax breaks primarily benefit higher-income households and businesses, while just a fraction of the state’s tax … ContinuedTaxes & Revenue
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