CalTax

Time 2020-12-23 22:06:10

Web Name: CalTax

WebSite: http://caltax.org

ID:143985

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CalTax,

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Business software and services company Oracle is moving its corporate headquarters from the Silicon Valley area to Austin, Texas, to provide workers “with more flexibility about where and how they work,” the company said December 11. With results now certified in the record-turnout November election, 197 of 260 local tax and bond measures were approved, and the only tax repeal measures on the ballot both failed. Several California-based employers – including one of the Silicon Valley’s founding companies – recently announced plans to move operations to lower-cost states. California voters continue to overwhelmingly support Proposition 13, the 1978 property tax limitation initiative, and would approve it by a wide margin if it were on the ballot again today, according to a poll released November 20 Prior to the COVID-19 pandemic, California had record-low unemployment of 3.5 percent in September 2019 and record reserves to weather an economic recession. California experienced one of the worst economic collapses since the Great Depression in 2020. Millions of Californians in every community across the state became unemployed overnight Results of Local Tax Elections Held November 3Click the headline above to view results of the local tax elections held November 3, when 260 tax and bond measures – totaling more than $1.5 billion in proposed annual taxes – appeared on the ballot in California. The California Taxpayers Association has been on the front lines supporting sound tax policy and supporting government efficiency since 1926. We are the state’s oldest and largest organization representing taxpayers. In legislative proceedings, courtrooms, elections and discussions with tax agency leaders, CalTax provides a strong and respected voice for taxpayers.ADVOCACYWe advocate for sound tax policy and government efficiency. With an office one-block from the State Capitol, we regularly work with lawmakers to ensure that tax legislation is fair and reasonable.EXPERTISEWe offer respected research and in-depth knowledge of tax policy. Our staff includes subject-matter experts with decades of experience working on income, sales, and property tax issues at Big Four accounting firms and Fortune 500 companies.YOUR VOICEWe regularly comment about tax issues in the press and discuss how higher taxes will make it more expensive to live and do business in our state.Our members include tax and finance professionals working at small businesses and Fortune 500 companies, as well as individuals.CLICK HERE TO JOIN US! Our continued success depends on support from members like you. First Name *Last Name *Email *Zip Code *I m interested in...Becoming a member.Learning more about CalTax. Call to Action CalTax is fighting to save Proposition 13 and stop higher property taxes.An initiative on the November ballot would eliminate Proposition 13 protections for many properties in California, resulting in higher rent for countless small businesses, and higher prices for just about everything we buy and use (including groceries, fuel, utilities, day care and health care). Click here to read more about why CalTax opposes this harmful tax increase.In the state Capitol, two measures (ACA 1 and SCA 5) would pave the way for higher taxes on all types of property, leading to higher costs for homeowners, renters and businesses. We’re also fighting legislative proposals that could make their way to the ballot: a sales tax on services, taxpayer-funded universal healthcare, and efforts to expand local taxing authority.CalTax is working hard to defeat these tax increases, but we can’t do it alone. Email caltax@caltax.org for information on how you can help us save Proposition 13.By browsing our site you acknowledge and agree to our Privacy Policy. I Understand

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