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Taxes

Monday, May 5, 2014

CHRIS GOLDBERG/LA WEEKLY FLICKR POOL
Politicians, including state Assemblyman Mike Gatto and L.A. Mayor Eric Garcetti, have been falling over themselves to give your hard-earned tax dollars to the billionaire-controlled mega-media industry we call Hollywood.

See also: Should White Film Industry Titans Get a Tax Break as They Fail at Diversity?

Their argument is that tax breaks keep production in California, lead to jobs, and ultimately pay themselves off with revenue generated by all this business activity. A new report from the state Legislative Analyst's Office concludes that the industry doesn't really return the favor when we give it our money, though.

According to a summary, ...

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Tuesday, April 22, 2014

Tuesday, April 22, 2014

Taxes

Californians Pay a Lot of Taxes But Get Relatively Little in Return

Comments (2)

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Tue, Apr 22, 2014 at 8:03 AM
CHRIS GOLDBERG/LA WEEKLY FLICKR POOL
Maybe California should change its name to the f - - you, pay me state, because yet another analysis is showing that we put more into our government than we get out of it.

The folks at personal finance website WalletHub took a look at the quality or level of each state's infrastructure, education, health, safety, economy and pollution and decided California was in the bottom 10 states for "return on investment," or ROI, when it comes to the taxes you pay.

See also: Californians Pay More Federal Taxes But Get Fewer Services

Given that L.A. has some of the worst smog as well as some of the roughest roads in America, you're probably not surprised:

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Thursday, March 27, 2014

Thursday, March 27, 2014

Taxes

Californians Pay More Federal Taxes But Get Fewer Services

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Thu, Mar 27, 2014 at 7:03 AM
SHARON/FLICKR
California has been derided as a high-tax state.

But maybe we need those tax revenues to pay for our own business. Because, according to a new report from the personal finance site WalletHub, the federal government sure isn't delivering for the Golden State.

See also: California Taxes Are 2nd Worst in America, Site Says

In fact, California ranked among the 10 states least dependent on Uncle Sam for cash, jobs and support, according to the analysis:

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Wednesday, March 19, 2014

Wednesday, March 19, 2014

Taxes

California Taxes Are 2nd Worst in America, Site Says

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By

Wed, Mar 19, 2014 at 8:03 AM
THE CAPITOL BUILDING IN SACRAMENTO VIA DOUG KERR/FLICKR
  • The capitol building in Sacramento via Doug Kerr/Flickr
A new analysis of state taxes across America concludes that California is "the second worst state to be a taxpayer," says the personal finance site WalletHub.

We were beat out only by New York.

See also: California Ranks Almost Last in Business-Friendly Taxes

WalletHub's analysis shows that our annual state and local taxes are 39 percent higher than the national average:

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Thursday, October 10, 2013

Thursday, October 10, 2013

Taxes

California Ranks Almost Last in Business-Friendly Taxes

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By

Thu, Oct 10, 2013 at 9:01 AM

They say California isn't business-friendly. But our massive wealth, including a top-five world ranking in the number of billionaires, and our signature industries, including Hollywood and Silicon Valley, might say otherwise.

Still, when all is said and done, the stereotype seems true in part. The nonpartisan Tax Foundation this week revealed its annual State Business Tax Climate Index. The Golden State came in almost last place. Really:

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Monday, July 1, 2013

Monday, July 1, 2013

Taxes

Your Gas Tax Goes Up 3.4 Cents a Gallon Starting Today

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Mon, Jul 1, 2013 at 8:09 AM

JENA ARDELL FOR LA WEEKLY
  • Jena Ardell for LA Weekly
If you wonder why Southern California consistently has the highest gas prices in the nation, look no further.

Besides requiring more expensive, environmentally friendly blends, the state taxes your fuel at a pretty steep rate. And, starting today, you'll have the privilege of paying another 3.5 cents a gallon at the pump:

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Monday, March 4, 2013

L.A. students, profs and creatives protest the Prop. A sales tax hike at L.A. City Hall. - INAE BLOOM
  • Inae Bloom
  • L.A. students, profs and creatives protest the Prop. A sales tax hike at L.A. City Hall.
Please also read Proposition A Sales Tax Increase: Do People Trust the L.A. City Council?

By David Stamp

Los Angeles City College poli sci teacher Salvador Sanchez says "Nobody has time for this, but we have to do it" -- it being to ask L.A. voters to defeat Prop. A, a tax increase on the March 5 ballot that's heavily bankrolled by wealthy developers, monied labor unions, multinational billboard firms and other not-poor-folk.

At a protest at L.A. City Hall today, people like Lynda Tong, former study body vice president at LACC, said, "There's a lot of things that they can change here at City Hall -- starting with their finances -- before they even start taxing. Every time they come up with an issue, they want to tax, tax, tax. The ones that are going to be hit the most are those that are impoverished, the immigrants, the students, especially the students."

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Tuesday, April 17, 2012

Bill Bene, circa 1989
  • Bill Bene, circa 1989
Tax Day is upon us, which means the procrastinators, feet draggers, and general deadbeats among us have until midnight to report their earnings to the Internal Revenue Service. If you haven't filed yet though, we suggest you keep your money.

What's the worse that could happen? Okay, so, technically, you could face prosecution by your local U.S. Attorney's Office, but don't worry, if you live in Los Angeles the chances of that happening are way less than if you lived anywhere else in California.

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Wednesday, April 4, 2012

Hot? Taxed. Savory? Taxed. - BECKY LUIGART-STAYNER
  • Becky Luigart-Stayner
  • Hot? Taxed. Savory? Taxed.
Have you ever wondered why a sandwich that has been zapped in a convenience store microwave is taxed at a higher rate than one that isn't? Or why you pay a different price based on your answer to the question "For here or to-go?" (...Oh you didn't notice the difference? Well, that's probably why Californians pay the highest sales tax in the nation--START PAYING ATTENTION TO THIS STUFF, PEOPLE.)

This week, our northern sibling, SF Weekly, pulls back the curtain at the California Board of Equalization and attempts to wade through California's murky food tax laws. It's actually quite riveting!

The cities of Pico Rivera and South Gate here in Los Angeles are taxed at a higher rate than any in the state--a whopping 10.75, according to the California Board of Equalization--even higher than the 8.5% SF Weekly grouses about.

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Monday, March 26, 2012

Monday, March 26, 2012

Taxes

Californians Support Taxing Those Other People

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By

Mon, Mar 26, 2012 at 12:03 PM

YUNGNGUYEN666
  • yungnguyen666
In this richest state in the richest country on earth, voters say it's okay to increase taxes on the wealthy, so long as the proceeds go to things like education and public safety.

The results of the USC Dornsife College of Letters, Arts and Sciences/Los Angeles Times Poll seem to be good news for Jerry Brown's initiative that asks you, the voter, to approve just such a tax hike.

The poll results, released over the weekend, say ...

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