One Less Tax for Californians to Worry About… For Now
California has aggressively raised taxes over the last few years, more than any other state in the union.In 2009 Gov. Schwarzenegger signed what was then the largest state tax increase in U.S. history and just last year Gov. Brown secured a $50 billion tax increase, retroactively effective, on individuals, families, and employers across the Golden State. Last week, though, it seems California taxpayers finally dodged a bullet.
Budget Trailer Bill 415 originally included language that would raise taxes on software sales. However, in Conference Committee last week the bill was stripped of language that would have changed the definition of storage media to… Read More