For the Center on Budget and Policy Priorities’ annual state policy conference, IMPACT 2017: Building Power, Advancing Equity, Executive Director Chris Hoene delivered a presentation for: “Taking a Page Out of a Better Book: How to Make the Case for Public Investment over Tax Cuts.”
You may also be interested in the following resources:
Three Ways State Policymakers Can Raise Revenues to Advance California’s PrioritiesImproving Corporate Taxation Is Necessary for Building a Just and Equitable StateTaxes & Revenue
Corporations Pay Far Less of Their California Income in State Taxes than a Generation AgoCorporations are contributing roughly half as much of their California profits in state taxes than four decades ago. In the early 1980s, corporations paid more than 9.5% of their profits in state corporation taxes. In contrast, corporations paid just 4.9% of their California profits in corporation taxes in 2020. Corporations pay less of their income … ContinuedTaxes & Revenue
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