A new bill introduced by Assemblymember Matt Haney looks to discourage corporate homebuying by banning a tax strategy that helps investors avoid taxes on home sales in California.

Bernie Sanders supports it. Newsom has opposed it. Others say California's wealthiest will flee. What's going on?

California Assembly members say they want to reform a system that companies have rigged to lower their tax bills.

The loan will prevent service cuts in the near term, but a long-term solution depends on a November 2026 regional ballot ...

In the seven budgets Newsom has signed, beginning with 2019-20, and the eighth one he has proposed, revenues have increased by 60%, mostly from taxes that tapped into a 48% increase in Californians’ ...

SACRAMENTO, Calif. -- California is committed to funding reproductive health care, pledging money to Planned Parenthood after federal funds were stripped from its clinics. On Wednesday, Gov. Gavin ...

Democrats have demanded refunds after the Supreme Court ruled against President Donald Trump's sweeping tariffs.

California Gov. Gavin Newsom has signed legislation providing a $590 million loan to transit agencies in the San Francisco Bay Area, avoiding service cuts until a ballot initiative can go to voters.

A ballot measure effort has divided prominent California Democrats — including those with eyes on the 2028 presidential race.

Legislators and governors in blue states are preparing a range of new taxes on the wealthy. At the same time, many red states ...

A staggering 60% of California voters back the billionaire wealth tax proposal, even though they admit it will spark businesses to flee the state and kill jobs, a new poll found. Even when presented ...

California Assemblyman David Tangipa called for regulators to adopt more “checks and balances” and verification procedures ...