California's massive budget deficit has shrunk by more than a third -- to Tom Cruise-size, about $10 billion -- thanks to unexpected income tax revenues.
But the taxpayer giveth and she also taketh away.
A 1 percentage point sales tax increase that went into effect in 2009 is set to expire ... More >>
Jerome Horton, BOE, illegally funneled help to a friend and tried to keep $100,000.Did you hear the one about the sleazy tax man, Jerome Horton, who got caught secretly and illegally funneling money to a friend in Inglewood for a school board race, then had the nerve today to publicly lecture ... More >>
Soon to be a taxable crop in California?Taxing marijuana has been a big deal in California in recent weeks.
The city of L.A. wants to impose an extra 5 percent tax on pot shops, and you'll get to vote on that idea March 8. And the California Board of Equalization (BOE) ruled Thursday that ma ... More >>