Tax dispute in California affects billions that Newsom expects
During Jerry Brown’s first term as governor of California, he became embroiled in a highly complicated dispute over how the state should tax the income of multinational corporations. More than four decades later, the issue has resurfaced in a corporate…
Medical giants and Newsom fight over health care tax money
Fifteen years ago, California’s budget was in the red as the Great Recession caused drastic losses in income tax revenue and then-Governor Arnold Schwarzenegger and lawmakers desperately tried to balance their books. One of their many tricks was the maneuver…
Big Medicine and Newsom fight over health care tax money
This story is part of Californian voices, a commentary forum designed to expand our understanding of the state and shine a spotlight on Californians directly affected by policy or the lack thereof. Learn more here. Fifteen years ago, California’s budget…
