California approves ‘largest tax hike in history’ – here’s where you’ll pay more

California Hits Families with $400 Annual Health Tax Hike

Every California family with private health insurance is about to see their premiums jump by roughly $400 a year, courtesy of what the California Taxpayers Association is calling “the largest tax increase in state history.”Gov. Gavin Newsom signed off on the state budget in June, greenlighting two massive new taxes that will hit Golden State residents starting next year. The first extends a tax on health care providers expected to generate aroun…

California approves ‘largest tax hike in history’ – here’s where you’ll pay more

New California taxes led by Gov. Gavin Newsom and Democrats could raise health insurance premiums and slap a new charge on software downloads.

California Approves What Taxpayer Group Calls the Largest Tax Increase in State History

Californians could soon pay more for health insurance and certain digital software purchases after Gov. Gavin Newsom signed the state’s new budget, which includes two tax-related measures expected to take effect next year. According to The California Post, the budget extends a tax on health care providers that is expected to generate about $2 billion annually to help fund Medi-Cal. Insurance companies could pass those costs on to consumers, with…

California Assemblyman Criticizes Proposed Business Tax Increase California Business Tax Proposal

California business owners could face higher taxes under a newly approved state budget proposal, a move that is drawing criticism from some lawmakers. During a recent appearance on AgNet News Hour, California ... Read More The post California Assemblyman Criticizes Proposed Business Tax Increase appeared first on AgNet West.

GeTtin' SALTy Episode 78 | California Dreamin' of More Taxes: Budget Surprises, Taxation of SaaS, and a Crowded Ballot

In this episode of the GeTtin’ SALTy podcast, host Nikki Dobay is joined by Peter Blocker, Vice President of Tax Policy at the California Taxpayers Association, for a timely discussion about the California legislative landscape. Their conversation covers two developments: the recently passed California state budget and the now-finalized lineup of ballot measures heading to California voters.On the budget front, Peter and Nikki discuss how Govern…