California will be the first U.S. state to charge an excise tax on guns and ammunition, starting in July. The new tax — an 11% levy on each sale — will come on top of federal excise taxes of 10% or 11 ...

From the perspective of taxpayers, last week was most notable for the April 15th deadline for filing state and local income tax returns. But just two weeks earlier, many California consumers also had ...

California ranks near the top in tax rates but still has structural deficits in its budget. Legislators would rather tax more than cut costs.

In his “State of the State Address,” Gov. Gavin Newsom said, “California is not a high-tax state” when comparing the tax burden on low-income residents in California to those in Florida and Texas. But ...

Depending on where you fall on the income scale, California may not actually be that high tax of a state. For many in the middle class and below, California may let you keep more of your hard-earned ...

On Oct. 1, 2025, Gov. Gavin Newsom signed into effect California S.B. 302, which excludes tax credit monetization transactions from the ...