Prop39 http://kvpr.org en New Year, New Taxes Thanks to Props 30, 39 http://kvpr.org/post/new-year-new-taxes-thanks-props-30-39 <p></p><p>California taxes are going up in the new year – with higher sales and income tax rates … and a new requirement for out-of-state businesses to calculate their taxes the same way in-state businesses do. &nbsp;</p><p>In November, voters approved two ballot measures that deal with taxes.&nbsp; Proposition 30 raises the sales tax a quarter of a cent to 7.5 percent, starting in the new year&nbsp;</p> Wed, 02 Jan 2013 20:30:19 +0000 Ben Adler 8894 at http://kvpr.org New Year, New Taxes Thanks to Props 30, 39 Proposition 39: Corporate Tax Law http://kvpr.org/post/proposition-39-corporate-tax-law <p>Next in our series on California's November ballot measures, we take a look at Proposition 39. It would change a critical piece of corporate tax law and provide more money to the state – but higher taxes for some businesses.</p><p>It was called “the most boring proposition on the 2012 ballot” by a San Diego blogger. The writer has a point. It revolves around a corporate tax formula known as the “single sales factor.” But when you consider that corporate taxes accounted for nearly 10 billion dollars in California last year, Prop 39 doesn’t sound so boring anymore:</p> Fri, 19 Oct 2012 21:00:15 +0000 Marianne Russ 5716 at http://kvpr.org