Now, though, there’s optimism that new legislation will allow the limit to go up. Trump wants the cap lifted, and influential ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

California state and local property tax revenues could decline significantly in the short term due to losses in value from ...

With Donald Trump back in the White House, negotiations are underway on repeal or retention of a 2017 change in federal tax ...

Retirees’ spending in California communities contributed $28 billion in local wages and salaries, researchers found.

California is exploring a new road charge to replace the gas tax; however, implementation faces a long road ahead.

Gasoline prices in California are approaching the $5 per gallon level. That was the price nationwide at the start of the ...

California’s state budget is inordinately dependent on ... The change, part of a much larger overhaul of tax policy, limited deductions for state and local taxes — SALT in the political vernacular — ...

Federal agencies working in California pledged cooperation in immigration enforcement operations and posted photos of people ...

The 2017 tax reform capped at $10,000 the amount of state and local tax (SALT) payments that can be deducted from federal income taxes ... Connecticut and California. Raising the cap to $20,000 ...

When the rich are getting richer, California sees multi-billion-dollar ... limited deductions for state and local taxes – SALT in the political vernacular – on federal tax returns to $10,000.