October 10, 1993 |
The most basic information about California taxes is often misunderstood or miscast in the arena of public debate. Here in graphic form are some of the basics of the state's tax system. They show, among other things, that California's overall tax burden has remained relatively stable for three decades, though the mix of taxes has shifted substantially as the state has come to rely much more heavily on personal income taxes and less on property taxes.
CALIFORNIA | LOCAL
September 1, 1993 |
The state Senate reversed itself Tuesday and approved a tax break for certain foreign corporations. The 26-8 vote sent the bill to the Assembly. Backers hope to move it through the lower house before lawmakers adjourn for the year at the end of next week. The bill, by Sen. Alfred Alquist (D-San Jose), was defeated Thursday on a 19-17 vote. But Alquist amended the measure Monday to ease provisions that would reduce tax deductions for business-related meals and entertainment.
September 27, 2003
Re "Tribes Have Become Players in Sacramento," Sept. 20: Indian casinos in California are not subject to state taxes because they are on land considered to belong to a sovereign nation, thereby not paying their fair share to the state treasury from their $5-billion-a-year revenue. But Indian casinos in California evidently have been able to afford to contribute $120 million since 1998 to politicians and political parties, thereby greatly influencing (and corrupting) the political process.
June 11, 1995 |
Q. I want to hire a domestic and I realize I will be liable for certain employer taxes, such as Social Security, Medicare, state disability insurance, and unemployment insurance. However, am I eligible to claim any tax credits, such as the one available if my worker lives in an enterprise zone? And, how do I handle payment of Social Security and Medicare taxes? -- W.H.W . A.
January 23, 1997 |
Here are answers to recent questions from readers: Q I need to know which states have little or no income and capital gains taxes. Also, what are the requirements for establishing residency in those states? I may be in a position to cash in on a large amount of stock in the next few years that would result in a capital gain of about $1 million. The federal government would take 28% of that no matter where I live. But in California, an additional 9%--$90,000--goes to the state.
CALIFORNIA | LOCAL
July 11, 1986
We now have the spectacle of the emperor marching along in all his finery with 97 faithful senators behind in similar garb. We also have the possibility of a majority of our representatives joining the parade for fear of upsetting the emperor's march. Questions that I must raise in order to establish the merit of the bill that the Senate passed by a vote of 97 to 3 are as follows: 1--Why were sales taxes singled out as the only excluded deduction for state taxes? 2--Why are timber and oil and gas interests still in the tax-sheltered category?
January 26, 1992
As a person whose entire pretax income roughly equals the amount of state income tax that President Bush avoids paying by maintaining a 14-days-a-year residence in a Houston hotel suite, I regret that you didn't print the story of Bush's tax dodge on the front page where it belongs, "Bush Pays Few State Taxes, Magazines Says" (Dec. 28). It was buried on Page 2 of the Business section, where it was probably missed by most struggling taxpayers--aside from those scanning the lists of additional job layoffs and business failures.
January 10, 2014 |
Attorney General Eric H. Holder Jr. said Friday that the federal government would recognize hundreds of same-sex marriages that took place in Utah over the past three weeks, two days after Utah announced it did not consider the marriages to be legal. Holder's announcement left some 1,300 couples who rushed to marry after a federal District Court ruling on Dec. 20 in complicated legal limbo, with their marriages deemed valid for federal tax purposes but not for state taxes. “I am confirming today that, for purposes of federal law, these marriages will be recognized as lawful and considered eligible for all relevant federal benefits on the same terms as other same-sex marriages,” Holder said in a videotaped statement.