For Thrive, the Alliance for Nonprofits for San Mateo County’s “Tax Time Matters,” Senior Policy Analyst Sara Kimberlin presented on how the California Earned Income Tax Credit (CalEITC) boosts economic security for low-income workers and the Governor’s proposal to significantly expand the credit in the 2019-20 state budget.
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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