More Than $185.6 Billion a Year in Higher Taxes and Fees Under Consideration by Lawmakers
In the opening months of the 2023-24 legislative session, state lawmakers proposed raising annual taxes and fees more than $185.6 billion, the California Tax Foundation reported March 16. The foundation’s Tax and Fee Report tallies 38 proposals with higher taxes or fees. With fiscal estimates still being prepared, the cost to taxpayers has been quantified for only seven of the measures so far, for a cumulative total of $185.6 billion a year in additional taxes if all were approved. The state’s…