At the November 8 election, Californians will decide the fate of 228 local tax measures representing a cumulative tax increase of more than $3 billion per year, along with 193 bonds that would dramatically increase annual property taxes.
After four straight months of missed budget projections, California’s August revenue of $8.56 billion outpaced expectations by $425.2 million, or 5.2 percent, based largely on the strength of personal income tax receipts, State Controller Betty Yee reported September 12.
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The California Taxpayers Association is a nonpartisan, nonprofit organization founded in 1926 to protect taxpayers from unnecessary taxes and to promote government efficiency. We serve our members through research and advocacy on significant tax and spending issues in the legislative, executive and judicial branches of government.