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California Tax
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California Budget In Hands Of Angry Electorate (FOX40 Sacramento)
SACRAMENTO - On Tuesday, just five months after a historic presidential contest, California voters will head back to the polls, sent by lawmakers in a gambit to address a widening budget deficit. Will they agree to higher taxes? Borrowing against future lottery revenue? Raiding funds voters previously set aside to help young children and the mentally ill? If recent opinion surveys ... Tax appeals escalate to record levels (The Columbus Dispatch)
County governments are adding hearing officers and stretching hours to handle a record number of tax appeals filed with boards of revision this year. California asked to triple new-home tax credit (The Sacramento Bee)
Surprisingly strong demand for a $10,000 state tax credit to help Californians buy new never-occupied homes prompted legislation Wednesday to triple the amount of funds for the buyer credit to $300 million. To vote or not to vote: California hands big budget decisions to unhappy electorate (Minneapolis-St. Paul Star Tribune)
SACRAMENTO, Calif. - California residents will get the chance to decide what happens to their tax dollars in a special election next week, but whether the electorate registers their approval — or even show up to vote — it won't make much of an improvement in the state's gaping budget hole. California budget woes may force government overhaul (Reuters via Yahoo! News)
California's government may see a dramatic overhaul because its budget is in such disarray and on track for a staggering shortfall of at least $15.4 billion, lawmakers and analysts said on Friday. Locals react to 'tax grab' (Reno Gazette-Journal)
Local government officials complained Friday about legislative “tax grab” plans that target them to help close a $1.1 billion gap in Nevada’s budget for the next two fiscal years. Tax Protesters Urge 'No' Vote on Ballot Propositions (Channel 8 San Diego)
Tax protesters are urging California voters not to pass several propositions on the table in Tuesday's special election. California?s Economic Woes Shake Up Governor?s Race as Voters Seek Answers (New York Times)
The dynamics of the 2010 race have already proven to be topsy-turvy, with Democrats trying to buck a gubernatorial slump against a millionaire-peppered group of moderate Republicans. Fitch Affirm $183.1MM Milpitas RDA, California Tax Allocation Bonds 'A'; Outlook Stable (Business Wire via Yahoo! Finance)
NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the 'A' rating on the Milpitas Redevelopment Agency's, CA $183.1 million Redevelopment Project Area No. 1, 2003 tax allocation bonds . Medical Marijuana, Inc. Signs 1st Medical Marijuana Collective to Use the Tax Remittance Card (Marketwire)
MARINA DEL REY, CA--(Marketwire - May 15, 2009) - Medical Marijuana, Inc. ( PINKSHEETS : MJNA ) is happy to announce that it has signed the first Memorandum of Understanding with a marijuana collective in Southern California to use Medical Marijuana, Inc.'s patent pending, stored value, tax remittance card. Bruce Perlowin, CEO of MJNA, says, "This is just the beginning of a massive marketing ...
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