Tag: Tax

Community

Trump Hits Nail on Head with Affordability Policy and Democrats Don’t Know What to Do About It

April 1, 2026
President Trump’s new affordability policy is beginning to soak into the system, leaving Democrats unsure what to do about it. In fact, some Democrats kinda … like it? As part of the tax cuts in the One Big Beautiful Bill Act of 2025, Republicans carved out a provision allowing for tax deductions on overtime pay up to $25,000. According to new Treasury Department data, nearly 20 million Americans have already reaped its benefits this filing season, Politico reported Tuesday.

Stories Speak Volumes

Affordability: Prices We Can Afford–A Roundup of Local, State, and National Stories

March 30, 2026
BOSTON — When Massachusetts voters approved a 4% surtax on incomes over $1 million in 2022, supporters promised it would pour billions into schools and transportation without consequence. Tax the rich, fund the future, everyone wins: $14.8 billion gone since 2020.

Politics

Gavin Newsom’s Toddler Tax Will Raid Kids’ Trump Accounts

March 01, 2026
THE DAILY SIGNAL–The California Franchise Tax Board announced that it will refuse to treat newly created Trump Accounts as tax-deferred accounts for state tax purposes. In doing so, California is purposefully making it difficult for families to fully utilize Trump Accounts.

Politics

Save Prop. 13 Hits 1.1 Million Signatures–3 Days Left to Get 150,000 More

February 11, 2026
SAN DIEGO–Reform California announced at a Feb. 11 zoom webinar that the Save Prop. 13 Initiative has now received 1.1 million signatures with 150,000 more signatures sought in the next 3 days by going to OpposeTaxHikes.org. Assemblyman Carl DeMaio also announced that the Voter Registration ID Initiative now has received 1.35 million signatures.

Legislation

Republicans Oppose Democrats Mileage Gas Tax Efforts

February 2, 2026
SACRAMENTO–California Democratic legislators are pursuing a new mileage tax fee that they say will replace the state’s gas tax as proposed by Assembly Bill 1421 in order to fund transportation infrastructure and repairs. Republicans are opposing the efforts

Community

Redding Council To Decide On Raising Sales Tax By 1 Percent On Nov. 4 Ballot

August 5, 2025
CALIRED NEWS–The Redding City Council decided on a 4-1 vote (Agenda 9:12a2) this evening (Aug. 5) to place a 1 percent sales tax increase (to 8.25 percent) on the Nov. 4 general election ballot which if passed by voters would raise an estimated additional $30 million. The lone dissenting vote was made by Council Member Tenessa Audette who wanted to delay the vote from a special election this fall at a cost between $300,00–$500,000 to Nov. 3, 2026 (next year’s general election).