Taxation

Position

News

• R&D tax credit prized by tech firms held hostage in Washington
  Sep 7, 2010 — San Jose Mercury News
  It was the 13th time since the credit was established in 1981 that lawmakers and the president allowed it to lapse. The R&D credit has been allowed to lapse repeatedly, even though it has broad bipartisan support on Capitol Hill. Some senators have said it should be realigned to benefit more small businesses. Whatever its flaws, Atkinson said extensive economic research shows the credit works.
• GOP PUSHES FOR NO-TAX BUDGET
  Sep 3, 2010 — Daily Press (Victorville, Calif.)
  The Democrats pitched a budget using a combination of cuts and tax hikes, while Republicans insisted on only cuts. Sen.
• Hancock leads tour of her district's budget woes
  Sep 2, 2010 — The Oakland Tribune
  ...-- OAKLAND -- The governor's proposed budget cuts and the legislative budget impasse already are hurting real Californians with the most urgent needs, state Sen. Loni Hancock said Thursday. Hancock, D-Berkeley, led a tour of her district to visit with some of those people -- social-service providers and recipients at the Center for Independent Living (CIL) in Berkeley, students and faculty at Berkeley City College, and child-care providers and parents at BANANAS Inc.
• California budget vote produces no results
  Sep 1, 2010 — The Sacramento Bee
  They said the day's action would accomplish little. "So why they put it up for a vote in the first place no one knows," said Gov. It would cut deeply into in-home care for low-income elderly and disabled residents and rely on the aforementioned Medi-Cal changes. Republicans also proposed significant reductions in state worker pay. Republicans blamed Democrats for not accepting smaller reductions to welfare and In-Home Supportive Services earlier this year.
• Governor says it takes more courage, not more time, to pass budget
  Sep 1, 2010 — Ventura County Star
  ...tax reform panel last year, would expand sales taxes to cover most services (they are now levied only on tangible goods). That change, administration officials say, would allow the state to receive the same amount of revenue while also lowering income taxes paid by high-income earners and lowering the sales tax rate across the board. The changes would be designed to lessen the volatility of the state's revenue stream, which is now largely dependent on personal income taxes paid by the...
• Local firm added to tax delinquency list
  Sep 1, 2010 — Ventura County Star
  Some of the liens stretch back to 2001. The Board of Equalization updates its list each quarter, which is posted online.
• Looming tax cut debate already ripples through Boxer-Fiorina race
  Aug 31, 2010 — San Jose Mercury News
  A May poll by the Public Policy Institute of California suggests, at first blush, that Boxer's position is a popular one.
• State lawmakers reject budget plans
  Aug 31, 2010 — Ventura County Star
  Tony Strickland, R-Moorpark, of the Democratic plan. "We are going backward. We are dismantling our commitment to public education," Sen.