California’s state budget is inordinately dependent on taxing the incomes of wealthy residents. Gov. Gavin Newsom’s proposed 2025-26 budget assumes that the state will receive $133.7 billion ...

California’s state budget is inordinately dependent on taxing the incomes of wealthy residents. CALmatters is a public interest journalism venture committed to explaining how California's state ...

It would be another GOP political hit — rubbing salt in their wounds, as it were. CALmatters is a public interest journalism venture committed to explaining how California's state Capitol works ...

The limit has the indirect effect of increasing federal levies on taxpayers who pay more than $10,000 in SALT each year. Other aspects of the 2017 tax bill, signed by Trump, benefited the wealthy but ...

When the rich are getting richer, California sees multi-billion-dollar ... limited deductions for state and local taxes – SALT in the political vernacular – on federal tax returns to $10,000.

Hell’s Kitchen, in the Salton Sea, promises to unearth a motherlode ... new sacrifice zones for lithium mining,” Jared Naimark, California mining organizer with Earthworks, said in a statement.