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Taxation In California
Taxes in California are collected by state and local governments through a number of tax categories. In total, for fiscal year 2022, California state and local governments together collected an average of $10,300 per capita from residents, the second highest per capita collections in the nation, after New York State, with the nationwide average being $7,100. Sales tax: As of 2024, a 7.25% state sales tax is imposed on the sale of tangible goods. Unprepared food purchased in grocery stores, soap, medical devices, diapers, and feminine hygiene products are all excluded from sales tax. The average combined state and local sales tax rate is 8.85 percent. Use tax is imposed on the storage, use, or other consumption of tangible personal property purchased from a retailer. Property tax: Property tax is imposed at a uniform 1% rate of assessed value and annual increases of assessed value is restricted to an inflation factor, not to exceed 2% per year due to California's Proposition 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of California
The economy of the State of California is the largest in the United States, with a $4.103 trillion gross state product (GSP) as of 2024. It is the largest sub-national economy in the world. If California was an independent nation, it would rank as the fourth largest economy in the world in nominal terms, behind Germany and ahead of Japan. Additionally, California's Silicon Valley is home to some of the world's most valuable technology companies, including Apple, Alphabet, and Nvidia. In total, 78 of the ''Fortune'' 100 companies and 337 of the ''Fortune'' 500 companies are headquartered in California. As of 2024, California is home to the highest number of ''Fortune'' 500 companies of any U.S. state. As both the most populous US state and one of the most climatologically diverse states, the economy of California is varied, with many sizable sectors. The most dominant of these sectors include finance, business services, government and manufacturing. Much of the economic act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California
California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an international border with the Mexico, Mexican state of Baja California to the south. With almost 40million residents across an area of , it is the List of states and territories of the United States by population, largest state by population and List of U.S. states and territories by area, third-largest by area. Prior to European colonization of the Americas, European colonization, California was one of the most culturally and linguistically diverse areas in pre-Columbian North America. European exploration in the 16th and 17th centuries led to the colonization by the Spanish Empire. The area became a part of Mexico in 1821, following Mexican War of Independence, its successful war for independence, but Mexican Cession, was ceded to the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California Proposition 218 (1996) Local Initiative Power
Proposition 218 is an adopted initiative constitutional amendment in the state of California that appeared on the November 5, 1996, statewide election ballot. Proposition 218 revolutionized local and regional government finance in California. Called the “Right to Vote on Taxes Act,” Proposition 218 was sponsored by the Howard Jarvis Taxpayers Association as a constitutional follow-up to the landmark Proposition 13 property tax revolt initiative constitutional amendment approved by California voters on June 6, 1978. Proposition 218 was drafted by constitutional attorneys Jonathan Coupal and Jack Cohen. One of the most significant provisions of Proposition 218 constitutionally reserves to local voters the exercise of the initiative power to reduce or repeal any local tax, assessment, fee, or charge. This includes a significantly reduced signature requirement making ballot qualification easier for local voters. Proposition 218 was the first successful initiative measure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles County, California
Los Angeles County, officially the County of Los Angeles and sometimes abbreviated as LA County, is the List of United States counties and county equivalents, most populous county in the United States, with 9,663,345 residents estimated in 2023. Its population is greater than that of 40 individual List of U.S. states and territories by population, U.S. states. Comprising List of cities in Los Angeles County, California, 88 incorporated cities and List of unincorporated communities in Los Angeles County, California, 101+ unincorporated areas within a total area of , it is home to more than a quarter of Demographics of California, Californians and is one of the most ethnically diverse U.S. counties. The County seat, county's seat, Los Angeles, is the List of United States cities by population, second most populous city in the United States, with 3,820,914 residents estimated in 2023. The county is the domicile of the Cinema of the United States, U.S. motion picture industry since ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California Proposition 218 (1996)
Proposition 218 is an adopted initiative constitutional amendment which revolutionized local and regional government finance and taxation in California.California Secretary of State, Statement of Vote November 5, 1996, p. xii. Named the "Right to Vote on Taxes Act," it was sponsored by the Howard Jarvis Taxpayers Association as a constitutional follow-up to the landmark property tax reduction initiative constitutional amendment, Proposition 13, approved in June 1978. Proposition 218 was approved and adopted by California voters during the November 5, 1996, statewide general election. Proposition 218 amended the California Constitution by adding Article XIII C and Article XIII D. Article XIII C added constitutional voter approval requirements for all local government taxes which previously did not exist. Also included in Article XIII C is a provision significantly expanding the reserved constitutional local initiative power by voters to reduce or repeal any local government ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California State Legislature
The California State Legislature is the bicameral state legislature of the U.S. state of California, consisting of the California State Assembly (lower house with 80 members) and the California State Senate (upper house with 40 members). Both houses of the Legislature convene at the California State Capitol in Sacramento. The California State Legislature is one of ten full-time state legislatures in the United States. The houses are distinguished by the colors of the carpet and trim of each house: the Senate uses red and the Assembly uses green, inspired by the United Kingdom's House of Lords and House of Commons respectively. The Democratic Party currently holds veto-proof supermajorities in both houses of the California State Legislature. The Assembly consists of 60 Democrats and 20 Republicans, while the Senate is composed of 30 Democrats and 10 Republicans. Except for a brief period from 1995 to 1996, the Assembly has been in Democratic hands since the 1970 ele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles
Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, cultural center of Southern California. With an estimated 3,878,704 residents within the city limits , it is the List of United States cities by population, second-most populous in the United States, behind only New York City. Los Angeles has an Ethnic groups in Los Angeles, ethnically and culturally diverse population, and is the principal city of a Metropolitan statistical areas, metropolitan area of 12.9 million people (2024). Greater Los Angeles, a combined statistical area that includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is a sprawling metropolis of over 18.5 million residents. The majority of the city proper lies in Los Angeles Basin, a basin in Southern California adjacent to the Pacific Ocean in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sacramento, California
Sacramento ( or ; ; ) is the List of capitals in the United States, capital city of the U.S. state of California and the county seat, seat of Sacramento County, California, Sacramento County. Located at the confluence of the Sacramento River, Sacramento and American Rivers in Northern California's Sacramento Valley, Sacramento's 2020 population of 524,943 makes it the fourth-most populous city in Northern California, List of largest California cities by population, the sixth-most populous in the state, the List of United States cities by population, ninth-most populous state capital, and the List of United States cities by population, 35th most populous city in the United States. Sacramento is the seat of the California Legislature and the governor of California. Sacramento is also the cultural and economic core of the Sacramento metropolitan area, Greater Sacramento area, which at the 2020 United States census, 2020 census had a population of 2,680,831, the fourth-largest S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles Times
The ''Los Angeles Times'' is an American Newspaper#Daily, daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo, California, El Segundo since 2018, it is the List of newspapers in the United States, sixth-largest newspaper in the U.S. and the largest in the Western United States with a print circulation of 118,760. It has 500,000 online subscribers, the fifth-largest among U.S. newspapers. Owned by Patrick Soon-Shiong and published by California Times, the paper has won over 40 Pulitzer Prizes since its founding. In the 19th century, the paper developed a reputation for civic boosterism and opposition to Trade union, labor unions, the latter of which led to the Los Angeles Times bombing, bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. As with other regional newspapers in California and the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bradley-Burns Uniform Local Tax Law
The Bradley-Burns Uniform Local Sales and Use Tax Law is a California law enacted in 1955 that governs the imposition and collection of local sales and use taxes. History and purpose The Bradley-Burns law was introduced as a response to the proliferation of local sales and use tax ordinances enacted by California cities and counties between the 1940s and 1950s. This explosion of diverse tax regulations created compliance difficulties for both taxpayers and tax administrators. The primary purpose of the law was to establish a uniform system for sourcing and collecting local sales and use taxes, thereby simplifying the tax landscape for businesses and local governments. Key provisions Authorization for local taxes The Bradley-Burns law authorizes counties and cities to impose local sales and use taxes in accordance with its provisions. These taxes apply to tangible personal property sold at retail in the county or city, or purchased for storage, use, or other consumption wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California Franchise Tax Board
The California Franchise Tax Board (FTB) administers and collects state personal income tax and corporate franchise and income tax of California. It is part of the California Government Operations Agency. The board is composed of the California State Controller, the director of the California Department of Finance, and the chair of the California State Board of Equalization. The chief administrative official is the executive officer of the Franchise Tax Board. History In 1879, California adopted its state constitution which among many other programs created the State Board of Equalization and the State Controller, which administered all tax programs.PublicationFranchise Tax Board at a Glance, page 2/ref> In 1929, the state legislature created the office of the Franchise Tax Commissioner to administer California's Bank and Corporation Franchise Tax Act. In 1950, California abolished the office of the Franchise Tax Commissioner and created the Franchise Tax Board as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Feminine Hygiene
Feminine hygiene products are personal care products used for women's hygiene during menstruation, vaginal discharge, or other bodily functions related to the vulva and vagina. Products that are used during menstruation may also be called menstrual hygiene products, including menstrual pads, tampons, pantyliners, Menstrual cup, menstrual cups, menstrual sponges and period panties. Feminine hygiene products are either disposable or reuse, reusable. Sanitary napkins, tampons, and pantyliners are disposable feminine hygiene products. Menstrual cups, cloth menstrual pads, period panties, and sponges are reusable feminine hygiene products. Feminine hygiene products also include products meant to cleanse the vulva or vagina, such as douches, feminine wipes, and soap. Types Menstrual hygiene products Disposable: *Menstrual pad: Made of absorbent material that is worn on the inside of underwear to absorb a heavier menstrual flow. They are made of cellulose and are available in ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
