Two health care industry players propose a one-time 5% tax on billionaires to offset federal cuts to Medi-Cal, education.

California voters could decide next year whether to impose a one-time tax on billionaires to backfill federal funding cuts to ...

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Analysts say the loss of enhanced tax credits would lead millions to drop their health insurance nationally, including hundreds of thousands in California. (File photo by Gabe Brison-Trezise/KFF ...

When you're living on a fixed income, every dollar matters. Retirees often find themselves looking harder at expenses they once overlooked, and taxes can quickly become one of the biggest line items.

Last week, a state appellate court declared that a 2020 ballot measure to increase hotel taxes in San Diego is valid even though it did not receive the two-thirds approval that voters had been told it ...

Russell Vought, director of the White House's Office of Management and Budget, said the U.S. Department of Energy will cut funding for energy projects in 16 Democratic states. (Mariam Zuhaib / ...

This is read by an automated voice. Please report any issues or inconsistencies here. The one thing the Trump administration understands is money. By directing these funds to the California treasury, ...

In 2022, the Los Angeles electorate voted to slap the sale of mansions and other high-value real estate deals across the city with a hefty tax. Locals have been debating Measure ULA ever since.

REDLANDS, Calif. (KABC) -- Veterans have served and sacrificed for our nation, and on Tuesday, the state of California announced a new law to help them in retirement. That law will exempt part of ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

California Governor Gavin Newsom is walking back a pledge made last year that could affect EV ownership in the state. In a surprise announcement, California Governor Gavin Newsom announced that the ...