Posts Tagged: tax

Opinion

Sustainable aviation fuel tax credit fails the climate test

Ground service before flight. Refueling of airplane at airport.

OPINION — Aviation is one of the most difficult sectors to decarbonize. The world will need cleaner fuels, more efficient aircraft, operational improvements and eventually new technologies to reduce aviation’s climate impact.

Opinion

A one-time tax on billionaires could save us from the brink

Image by MargJohnsonVA.

OPINION – Billionaires are uniquely positioned in their ability to help stop a healthcare collapse here in California. These are individuals who have accumulated tremendous wealth thanks to the unique opportunities afforded them by our state. Now, in a time of extraordinary hardship, their state is calling on them to chip in and pay their fair share.

News

California’s marijuana market heads into a difficult 2022

Commercial marijuana being dried at a California facility. (Photo: Shutterstock)

With cannabis taxes to rise on Jan. 1 and a legitimate business landscape plagued by a thriving black market, California’s marijuana industry faces uncertainty. The tax hike — like others before it — stems from a state law requiring the California Department of Tax and Fee Administration to recalculate the cultivation tax rates once a year because of inflation.

Opinion

Flush with funds, state should now end 2020 business tax hikes

A photo illustration of California's tax code. (Image: Vitalii Vodolazskyi, via Shutterstock)

OPINION: As part of the 2020-21 state budget accord, the governor and Legislature enacted AB 85,  a budget trailer bill that enacted several tax law changes, including a three-year suspension of the net operating loss deduction and a cap on the use of business tax credits.

News

Fiscal crunch threatens CSU’s ability to meet higher ed. demands

Campus at California State University, Stanislaus. (Photo: CSU)

California State University (CSU) is an engine of economic mobility for Californians, particularly those from historically underrepresented communities. The system’s 23 campuses are also vital in helping the state meet labor market demands for highly educated workers. But despite annual funding increases, CSU has struggled to enroll all eligible students in the face of increased financial pressures, including a lack of bond funding and ballooning costs for deferred maintenance.

Opinion

Working families push for change

Labor union supporters rally at the state Capitol. (Photo: Karin Hildebrand Lau, via Shutterstock)

OPINION: If history has taught us anything, it’s that elections are less about choices in partisan ideology than they are about the real world impact that policies have on the lives of everyday people. In 2018, Americans overwhelmingly turned away from Republican politicians.

News

Gas tax fuels 2018 political fight

Traffic on the 405 in Los Angeles, the nation's busiest freeway. (Photo: Joseph Sohm)

California’s new gas tax hike to fund billions of dollars worth of overdue road repairs has only been in effect for a little over a month but Republicans are already trying to overturn it. On Nov. 1, Senate Bill 1, signed by Democratic Gov. Jerry Brown in the spring after a fierce political battle, increased the excise tax on gas by 12 cents a gallon and the excise tax on diesel fuel by 20 cents a gallon.

News

Inside the Capitol — procedurally

The California State Senate in Sacramento. (Photo: Trekandshoot, via Shutterstock)

This is the fourth in a series of detailed articles about the inner workings of the state Capitol relating to structure, rules and procedures — including a look at vetoes and the budget.

News

California’s bumpy path to road repairs

A mid-1930s truck on a Kern County highway. (Photo: Joseph Sohm, Shutterstock)

California’s already poor roads deteriorated to a whole new level of disrepair this winter. Sinkholes have popped up throughout the state and major roads have closed because of damage. To cite just a few major examples: Portions of Interstate 80 and Highways 50 and 49 were closed due to mudslides. Parts of Highway 1 remain closed because of storm damage. Numerous local roads were battered severely.

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