by jpitney | Aug 3, 2024 | California Politics, Regulation, Taxes
Collin Eaton at WSJ: Chevron is relocating to Texas, deserting California, its home state for more than 140 years, where the business climate has soured for oil companies. The second-largest U.S. oil company said Friday it plans to move its global headquarters...
by jpitney | Apr 13, 2024 | California Politics, Economic Policy, Taxes
Tax Foundation: How does California’s tax code compare? California has a graduated state individual income tax, with rates ranging from 1.00 percent to 13.30 percent. California has a 8.84 percent corporate income tax rate. California has a 7.25 percent state sales...
by jpitney | Aug 7, 2023 | Taxes
Timothy Vermeer et al. at the Tax Foundation: The U.S. system of taxes and transfers is highly progressive. Measuring comprehensive income, inclusive of market-based income and government taxes and transfers, illustrates the total fiscal burden created by a fiscal...