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Tax And Budget News
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2010-08-25
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Sacramento, CA—AB 2666 passed its final legislative hurdle this afternoon and is now headed to Governor Schwarzenegger’s desk.
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2010-08-24
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Among the flurry of bills that passed their floor votes yesterday was a pair of budget reform bills addressing the subsidy side of the budget ledger. AB 2666 (Skinner) and SB 1272 (Wolk) provide an increase in the transparency and accountability for tax breaks to corporations. | |
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2010-08-06
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Every year California spends about $4 billion on tax breaks for corporations. This year is no different despite the very difficult budget situation.
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2010-07-27
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According to the Department of Finance, the state will spend $4.1 billion on tax breaks for corporations this year. Unfortunately, they don’t know which companies get the breaks or how much they get.
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2010-04-14
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CALPIRG is working with State Senator Dean Florez on legislation to improve the transparency and accountability of some of the biggest tax subsidies the state gives out. If a corporation takes more than $1000 in tax payer backed subsidies they will be included on the state’s transparency website, www.reportingtransparency.ca.gov, along with how much they are taking and what the state is supposed to get in return.
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2010-04-13
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FOLLOWING THE MONEY found that 32 states provide an online database of government expenditures with “checkbook-level” detail. The best state transparency tools are highly searchable, and include detailed information about government contracts, tax subsidies and special grants to businesses.
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2010-01-26
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Sacramento, January 26, 2010—A report released today shows that many states are making dramatic improvements in websites designed to disseminate information about their share of the $787 billion American Recovery and Reinvestment Act (ARRA), while others have failed to make vital information available. | |
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2009-09-09
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We’re glad the governor says that “he meant it” when he ordered agencies and departments to be more transparent and accountable to taxpayers, and praise the step forward yesterday, but the job’s not done yet. | |
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2009-05-05
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Tough times mean tough choices. After a lot of thought, CALPIRG recommends a yes vote on Prop 1A in the May 19th election. | |
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2009-04-15
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Bay Area and Los Angeles taxpayers gathered at local post offices today to show their support for President Barack Obama’s plan to help restore fairness to the tax code by putting an end to offshore tax havens for Corporate America. | |
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2007-12-06
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As Governor Schwarzenegger indicates he will push for new “public private partnerships” in his State of the State address next month, today CALPIRG Education Fund released an analysis about the potential flaws of privatization, and the safeguards that need to be in place first with any privatization deal. | |
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2007-11-15
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This year many U.S. states have launched what they call “Google Government†by using the Internet to make accessible detailed information about where tax dollars go and who gets government contracts and subsidies. A new report highlights how far California lags behind this national trend. | |
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2006-10-05
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No on Q and R Volunteers “Pass the Hat” and Ask Morning Commuters to Donate to a “Relief Fund for Billionaires and Out of Town Developers” | |
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2006-09-07
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Statement by CALPIRG | |
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2006-08-21
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SACRAMENTO—The Honest Corporate Tax Reporting Act, AB 675 (Klehs), passed out of the Legislature today and heads to the Governor’s desk. Over the next thirty days, Governor Schwarzenegger has the opportunity to sign a bill that will increase fairness and transparency in corporate taxes.
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2006-08-17
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CALPIRG Urges Governor Schwarzenegger to Sign Bill to Increase Transparency in Corporate Taxes | |
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2006-08-16
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SACROMENTO—The Honest Corporate Tax Reporting Act, AB 675 (Klehs), passed out of the Senate today and heads to the Assembly for concurrence. Governor Schwarzenegger may soon have to decide whether he will sign a bill that will increase fairness and transparency in corporate taxes. | |
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2006-06-28
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SACRAMENTO—The Honest Corporate Tax Reporting Act, AB 675 (Klehs), passed out of the Senate Revenue and Taxation Committee today. CALPIRG, the California Labor Federation, and the California Tax Reform Association applaud Senator Machado, Senator Cedillo, Senator Scott, and Senator Alquist for supporting the bill. | |
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2006-03-21
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HAYWARD—Today CALPIRG joined Assemblyman Johan Klehs in support of the Honest Corporate Tax Reporting Act (AB 675), which will require corporations to disclose to the Franchise Tax Board any differences between the profits they report to shareholders and profits they report to the state for tax purposes.
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